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Kolkata Port Trust Plans Township Policy

Kolkata Port Trust Plans Township Policy

Kolkata Port Trust Plans Township Policy
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The Kolkata Port Trust (KoPT) is awaiting the Centre's approval for preparing a township policy for the 111 acres of land lying at its disposal in the metropolis, its chairman Vinit Kumar has said. The body was also in the process of providing an additional 87 acres in the city for real estate development, he said.

Speaking at a Confederation of Indian Industry (CII) seminar on Sustainable Real Estate in Kolkata recently, Kumar said the KoPT had 4,000 acres of land in the city, 60 per cent of which was being used for various port-related works.

"We intend to provide the land into parcels for real estate development, for which we have started the e-tendering process," Kumar said.

Kumar urged real estate developers of the city to participate in the e-tendering process, adding another 111 acres of land would be under consideration for setting up a township.

"Our proposal is awaiting clearances from various sections of the shipping ministry. Once we get the approval, we will put the land parcel on the block," he said.

West Bengal Urban Development Minister Firhad Hakim said the industry should come forward for setting up warehouses and logistics hubs as online shopping was gaining momentum in the country. That, he said, would generate employment in the state.

With inputs from Housing News

Last Updated: Fri Dec 22 2017

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