The world of real estate in West Bengal has seen a history written with the announcement to open 20 acres of prime land in New Town. This project is a stepping stone to making this site a commercial as well as residential hub. It is strengthening the position of New Town as the game changer in the real estate development growth of West Bengal.
Initiated by progressive civic bodies and developers like Srijan Realty, this initiative is in line with the region’s aspiration to become a premier destination for both commercial development and residential development.
Growth of Real Estate in West Bengal
Handing 20 strategic acres to the market is a signal of intention for the entire West Bengal property story. Centrally anchored within Kolkata’s living satellite metropolis, this ground is earmarked for balanced growth that blends commerce with dwellings. Towering commercial zones will provide an effective contribution to the economy. This will also help to design communities that embrace positive change and likely prefer city living, under the commercial and residential development of the New Town.
Srijan Realty, Premier Name in Real Estate
A key player leading the transformation of New Town is none other than Srijan Realty – a recognised industry leader in the Real Estate Business of West Bengal. A mixed bag of residential via gated enclaves, logistics centres, malls and diversified commercial offer a glimpse of a residential cum commercial adaptation to perfection. For instance, Town Square, their flagship project in New Town’s Action Area I, spreads across 6.29 acres. The area provides lush green space and is pre-certified in Platinum Rating by IGBC.
Seven elegantly designed towers rise above sweeping podiums, combining more than 40 hospitality-style amenities with high-street retail, setting a new standard for holistic, community-oriented living. Another example of the adjoining development, Optima, expands the vision over 11.3 acres in the Rajarhat corridor by Srijan Realty.
In this residential project, more than 1,400 thoughtfully crafted apartments are distributed among generous landscaped terraces. It provides expansive leisure districts and a compact, integrated and ideal concept of living, working and leisure in seamless proximity.
New Town Real Estate, Presenting Opportunities for Growth
New Town property has always stood for tomorrow’s infrastructure, flawless links, and smart green design. From NKDA and WBHIDCO oversight, it emerges as a pillar of the Smart Green City framework, confirming a promise to marry technology with environmental stewardship. The proposed 20-acre unlocking extends that narrative, re-declaring New Town as the touchstone of West Bengal’s real estate trajectory.
FAQs
- Who are the leading developers in New Town real estate?
Srijan Realty is one of the leading developers in New Town real estate, which offers commercial and integrated living spaces.
- What is the impact of unlocking 20 acres of land in New Town?
It is going to be effective for the development of residential and commercial areas, which will shape the area better for future growth.
- How come sustainability is managed in this new development?
Sustainability is well managed by implementing techniques like green building, energy efficient lighting, salt installations, and rainwater harvesting. These practices are incorporated into Srijan Realty’s project to maintain sustainable living.
- What are the projects of Srijan Realty that present mixed-use development?
You can consider Optima and Town Square projects by Srijan Realty, which focus on upscaling residential development with amenities and spacious homes.
- Can New Town be effective for the growth of residential and commercial projects?
Absolutely. New Town can help create growth opportunities for commercial and residential projects.
Final Thoughts
The release of 20 acres in New Town establishes a key milestone, granting the rare opportunity for exemplary synergy between commercial and living space. Under the guidance of civic designers and the committed realisation of Srijan Realty, the master plan seeks to set benchmark standards for mixed-use districts in the state. As New Town completes its evolution into a fully realised smart city, the project is expected to enrich the urban fabric.
This helps to improve everyday life, which is presented by employment opportunities. One can also experience an exquisite way of living as 20-acre area brings proximity to urban development in New Town.