Long term Lease of KIT Shops
Public Private Partnership Project (PPP)
WATER PARK-CUM-ENTERTAINMENT CENTRE ON EMBP NEAR RUBY GENERAL HOSPITAL
Total Area : 33.78 acres
Water body Area : 23.72 acres
Land Area : 10.06 acre
No real estate to be permitted; only water based activities to be permitted
Estimated Cost (Rs. in Crore)
Rs. 130 crore
Name of Selected Private Developer
International Amusement Ltd. & Bengal Shrachi Hsg. Dev. Ltd.
Period of Contract / Covenan
KMDA to receive Rs. 32.63 crore for the entire land+water body. Draft MoU towards forming of JVCO provides for removal of encroachment (250 - 300 squatter families) at the site. Joint inspection and survey of site already done. DGO (T&T and AD) and CE (AD) working on how to get the entire site free from encroachment. The families (200) squatting along the bisecting Irrigation Canal to be resettled under KEIP. Encroachment removal on the critical path.