Living by the mall
Sureka Group’s twin projects are sure to change the Kolkata skyline like never before, writes Mathures PaulSHOP till you drop. If Sureka Group can pull off the South City project, you will have one of the biggest shopping malls in the city and eastern region of India. Sureka Group is working on two projects simultaneously — Sunrise Point and South City.
South City is a "mixed use development" project. It will be predominantly residential, supported by facilities like medical centre, shopping malls, food courts, school, club, entertainment outlets and commercial complexes. The project cost is a whopping Rs 1,100 crore and the built-up area, over 31 acres of land, will be 40,00,000 sq. ft. In the housing category there will be four divisions — oak, pine, maple and cedar (all B+G+ 35 towers, both HIG and high MIG). The size of apartments will be between 1,140 sq ft and 1,955 sq ft and will cost upwards of Rs 30 lakh. No plots will be sold separately. The project should be complete by 2007. Marks and Spencer, the UK favourite, will have a presence in the shopping mall.
Moving to Sunrise Point. The West Bengal Housing Development Board and Sureka Group have entered into a joint venture. The government has allotted five acres of land in Action Area IIC to develop the project. Spread over 575,000 sq. ft, Sunrise Point will house around 500 families. The project will witness an expenditure of Rs 75 crore and feature seven towers — four for HIG, two for MIG and one for LIG. Size of apartments in the HIG segment ranges between 941 sq ft and 1,722 sq ft. Penthouses cover 1,800 to 2,000 sq ft. The cost varies from Rs 15.06 lakh to 37 lakh. Apartments in the MIG segment would cover an area of 785 to 830 sq ft and cost between 9.24 lakh and 9.42 lakh. If you are looking for LIG apartments, you have to pay Rs 2.5 lakh for 517 sq ft. But all apartments in the last category have been sold out. There will be the usual basic amenities like club, community hall (for HIG and MIG), play area, car park, gas bank for uninterrupted gas supply, garbage chutes, medical centre, gymnasium and library.
Sureka Group’s primary business is Hartex Rubber, established in 1985. Hartex Rubber is a composite modern unit manufacturing a wide range of bicycle and rickshaw tyres and moulded tubes. The Hartex brand is exported to Latin American countries, the Middle-East and African countries. It produced 17 million tyres and seven million moulded tubes, amounting to a sales turnover of over Rs 100 crore. The group has also diversified into production of silver jewellery at Mani Kanchan Gem & Jewellery Park. The project costs Rs 200 million and has the potential to produce 20,000 designs every year.
South City is a "mixed use development" project. It will be predominantly residential, supported by facilities like medical centre, shopping malls, food courts, school, club, entertainment outlets and commercial complexes. The project cost is a whopping Rs 1,100 crore and the built-up area, over 31 acres of land, will be 40,00,000 sq. ft. In the housing category there will be four divisions — oak, pine, maple and cedar (all B+G+ 35 towers, both HIG and high MIG). The size of apartments will be between 1,140 sq ft and 1,955 sq ft and will cost upwards of Rs 30 lakh. No plots will be sold separately. The project should be complete by 2007. Marks and Spencer, the UK favourite, will have a presence in the shopping mall.
Moving to Sunrise Point. The West Bengal Housing Development Board and Sureka Group have entered into a joint venture. The government has allotted five acres of land in Action Area IIC to develop the project. Spread over 575,000 sq. ft, Sunrise Point will house around 500 families. The project will witness an expenditure of Rs 75 crore and feature seven towers — four for HIG, two for MIG and one for LIG. Size of apartments in the HIG segment ranges between 941 sq ft and 1,722 sq ft. Penthouses cover 1,800 to 2,000 sq ft. The cost varies from Rs 15.06 lakh to 37 lakh. Apartments in the MIG segment would cover an area of 785 to 830 sq ft and cost between 9.24 lakh and 9.42 lakh. If you are looking for LIG apartments, you have to pay Rs 2.5 lakh for 517 sq ft. But all apartments in the last category have been sold out. There will be the usual basic amenities like club, community hall (for HIG and MIG), play area, car park, gas bank for uninterrupted gas supply, garbage chutes, medical centre, gymnasium and library.
Sureka Group’s primary business is Hartex Rubber, established in 1985. Hartex Rubber is a composite modern unit manufacturing a wide range of bicycle and rickshaw tyres and moulded tubes. The Hartex brand is exported to Latin American countries, the Middle-East and African countries. It produced 17 million tyres and seven million moulded tubes, amounting to a sales turnover of over Rs 100 crore. The group has also diversified into production of silver jewellery at Mani Kanchan Gem & Jewellery Park. The project costs Rs 200 million and has the potential to produce 20,000 designs every year.
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