SMP Kolkata plans to lease land for eco-wellness hub

KOLKATA : The Syama Prasad Mookerjee Port, Kolkata will invite bids for leasing nearly five acre of land at Nature Park on Taratala Road for the development of an ‘Eco-Wellness Hub‘ and tourism centre, an official said.

The port authority said that the transaction will be a lease agreement and not an outright sale helping the port to generate in excess of ₹3 crore a year.

“The decision to lease out the land aligns with the port’s vision of sustainable development. This is part of a lease rental arrangement, and the water bodies are not included in the deal. Fisheries support to local communities will continue,” Syama Prasad Mookerjee Port, Deputy Chairman Samrat Rahi told.

Source : PTI