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The City Centre site on Sunday. (Animesh Sengupta)
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Adityapur satellite township won’t stay Jamshedpur’s poor cousin anymore.
The area, one of eastern India’s biggest industrial belts, will by 2017 boast a mega mall-cum-office complex, multiplexes, a club, a five-star hotel and a super speciality healthcare centre under an integrated multi-crore City Centre Project, the construction of which started on March 15.
Calcutta-based Forum Projects Private Limited, the implementing agency of the project, started construction a little more than a year after Adityapur Industrial Area Development Authority (Aiada) cleared it in November 2011. The project had been originally conceived in 2007.
Fresh estimates have pegged the project — situated 5km away from the existing Kharkai Bridge — at over Rs 500 crore, against the initial estimate of Rs 250 crore.
“The infrastructure in Adityapur was not very conducive when the project received a go-ahead a little more than a year ago,” Mritunjay Tiwary, marketing head of Forum Projects Private Limited, explained the reason behind the delay.
“But things have changed a lot since then. Adityapur, in Seraikela-Kharsawan district, developed a good network of roads. Tata Steel also has plans to come up with an airport in the district in the future. So we thought this was the right time to start construction,” he added. He claimed that the project would be something to watch out for.
“We plan to set up a five-star hotel for which we have already entered into an agreement with Taj Gateway. Talks are on with Apollo hospitals, Singapore, for construction of a state-of-the-art healthcare unit,” he said.
Aiada has given the Calcutta-based realtor around 22 acres for the project along Tata-Kandra Road.
In the first phase, eight acres will be used to construct the shopping mall, multiplexes, offices, retail shops and the five-star hotel.
“Work in the first phase of the project has been started and we expect to wrap up construction by May 2017,” Tiwary said, adding that they had simultaneously begun accepting bookings for office complexes and retail shops.
The hospital, to come up on two acres, will be built in the second phase. A 300-unit multi-facility commercial complex is also in the offing and is expected to come as a boon for residents of both Jamshedpur and Adityapur.
Aiada secretary Shivendra Singh on Sunday expressed happiness over the fact that the Calcutta firm had finally started work in the multi-crore project. “The project, the first in Jharkhand, will be a major revenue-driver,” he said. Industry sources revealed that necessary clearances had been granted to the project.
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