Shriram Group would invest around Rs 10,000 crore in phases for developing a residential-cum-commercial project at Uttarpara, Kolkata.
The project will come up on 386 acre of land that once belonged to Hindustan Motors.
The entire project would be completed over a period of ten years and work on the first phase of the project would start shortly.
The company has already spent Rs 600 crore in building road infrastructure connecting the site to the main road.