Kolkata: The first integrated
business park
in Kolkata’s central business district (CBD) has had an encouraging
response
, with over 35% booked over the past few months. Intellia Business Park, a JV between Srijan, P S Group and Signum, also has a 70,000-sq ft business club, The Quarters. Other big commercial projects in
CBD
include Diamond Heritage, one by Siddha Group and old ones like Tata Centre.
Srijan director Keshav Agarwal, said the business park would have over 7 lakh sq ft of office space, of which 2.5 lakh sq ft has been booked. “The average booking size is 5,000-7,000 sq ft. The minimum is 2,000 sq ft. The price is Rs 9,000 per sq ft,” he said.
He added that discussions were on with leading hospitality groups like Taj and Oberoi to run the business club, which would be the one of its kind in the CBD. The total investment in the project would be Rs 400 crore.
Shyam Sundar Agarwal, chairman & MD of Srijan, said the project was just 1km from Park Circus-Park Street crossing. “In CBD, all commercial complexes are standalone buildings. This would be first of its kind,” he said. He said the business club would have 34 guest rooms and three banquet halls, adding: “The business club is a new craze and we want to cater to this.” Keshav Agarwal had earlier said the project would be completed in June 2027.
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