Ambuja Neotia, Satyaa Homes Signs JV Deal in Rajarhat Kolkata

Ambuja Neotia, Satyaa Homes Signs JV Deal in Rajarhat Kolkata

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4 year(s) ago

Ambuja Neotia, Satyaa Homes Announce Major Township Project in Kolkata’s Rajarhat. Ambuja Neotia Group and Satyaa Homes have joined forces to develop a large-scale township project in Kolkata’s Rajarhat locality.

Project Highlights:

  • Location: Rajarhat, Kolkata (72-acre land parcel)
  • Project Type: Integrated township with villas, apartments, and plotted developments
  • Development Management Partner: Ambuja Neotia Group
  • Land Contributor: Satyaa Homes
  • Finance Partner: HDFC Capital Advisors
  • Project Timeline: 5 years
  • Estimated Development Potential: Approximately 8 million sq ft (FSI 2.5)

Market Insights:

  • Harshvardhan Neotia, Chairman – Ambuja Neotia Group: This project caters to the growing demand for homeownership with private green spaces, particularly relevant in the post-pandemic era.

Significance:

  • This project is poised to be a significant development in Rajarhat, following the completion of Uniworld (now Candor Tech Park) nearly a decade ago.
  • The collaboration between Ambuja Neotia, Satyaa Homes, and HDFC Capital Advisors signifies a strong team for project execution.

This new township project promises to offer a variety of housing options in a well-connected location, catering to the diverse needs of Kolkata’s residents.

 

Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article or want to publish your news or article please email news@jvdeals.in

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