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Kolkata Port opens doors for private investment in riverside luxury projects

Syama Prasad Mookerjee Port, Kolkata (SMPK) expects significant investment from private players for riverside luxury projects for which the port has started leasing its prime land.
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The projects will be developed under lease rental mode.

SMPK had earlier invited expressions of interest (EoIs) from potential bidders for allotment of land at various locations, including Moyapur, Noorpur and Budge Budge, for the development of luxury resorts and hotels to understand the requirements of the potential bidders.

Land leasing initiatives A tender process has also been started to develop an iconic riverfront commercial complex with a state-of-the-art infrastructure surrounding Kolkata’s Armenian Ghat, which has an exclusive riverfront. A tender is on for allotment of a land parcel on Strand Road near Koilaghat at a strategic location in the city.

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