Wednesday, February 8

Kolkata to get a taste of luxury next year with 4 big realty launches

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At least four premium real estate residential and commercial projects are slated to get launched in Kolkata in calendar year 2019. The new launches, namely Forum Group’s Atmosphere, Ideal Group’s Unique Centre, The 42 and Siddha Galaxia, will not only add to the long list of firsts in the city but will also be new-age architectural marvels dotting the cityscape.

While Forum Group’s Atmosphere will offer a four level club deck about 100 metres above the ground, Ideal Group’s Unique Centre will have a 25 metres tall crown adorning the top of the office building. ‘The 42’ is eastern India’s tallest residential tower. Siddha Galaxia will have the longest skywalk integrated in its housing project.

Industry experts claim the meaning of luxury has over the years evolved from a price tag to entailing elements that are extension of a personality primarily because today’s luxury buyer is well-travelled and exposed to the global art scene. Customers are seeking a lifestyle rather than a branded office or a home, they added.

To differentiate projects, builders are focusing on niche USPs like art, advanced designs and spellbinding architecture as well as clubs and even high-end spa. Unique designs, concepts and bold executions under the supervision of some of the best architectures of the world like Hafeez Contractor, the architect couple Peng Beng and Belinda of Arc Studio are coming up to change the landscape of eastern India’s realty sector.

Atmosphere, the super-luxury residential development by Rahul Saraf-led Forum Projects adjoining Science City off EM Bypass has got featured in National Geographic series Superstructures for the 100-metre wide, four-level club deck that straddles them at a height of 100 metres above the ground. The massive 2,350-tonne cloud-shaped steel structure is inspired from the famous Bean installation in Chicago and Singapore’s Marina Bay Sands.

Source: The Economic Times

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