Merlin Group, a real estate developer, plans to invest over Rs 2,000 crore to develop one of the largest sports-theme township at Rajarhat-Bishnupur area, Rajarhat Chowmatha, near New Town in Kolkata, West Bengal.
Spread over 45 acre, the township project christened as RISE - Sports Republic, will comprise 10,000 flats. Phase-I of the mega township project will be developed on 16 acre of area. In all, 2,529 flats will be developed in Phase-I. Out of this, 968 apartments will be sold through lottery. There will be two-BHK and three-BHK apartments priced at Rs 35-50 lakh.
The sports township will include sports academies and sports-related infrastructural facilities that include cricket ground, football ground, indoor sports area, swimming pool and other amenities.
Moreover, internationally acclaimed sports brands are setting up a state-of-the-art cricket academy, a football academy and a swimming academy. Also, a nationally acclaimed Martial Arts Academy will also be set up.
The company is also in final round discussion with a few Olympic champions, members of world cup winning teams in football and cricket, soccer stars, cricketers of India, internationally acclaimed swimmers for setting up their academies in the sports city.
Phase-II of the project will witness the launch of a multispecialty hospital, and a school of international repute. A retail block with hypermarkets from organised retail giants and offices with co-working space will also be there as part of the township.
The township will also include facilities for other sports activities such as basketball, badminton, squash, table tennis, etc.