Srijan Realty to Develop ₹350-Crore Retail & Office Hub on Kolkata’s Strand Road as Part of Hooghly Riverfront Revamp

In a major push to transform Kolkata’s historic riverfront, the Syama Prasad Mookerjee Port (formerly Kolkata Port Trust) has awarded a four-acre plot on Strand Road to Srijan Realty for developing a modern retail and office hub.

The ₹350-crore project, spread across 800,000 sq. ft., will rise near the erstwhile Armenian warehouse and is designed to capture the spirit of Kolkata’s trading legacy while offering world-class commercial amenities.

Srijan Realty will hold a 60-year lease on the plot and aims to complete the development within four years. The upcoming project will feature retail outlets, food and beverage zones, banquets, and public spaces, all envisioned to celebrate the timeless charm of Strand Road.

“We hope to come up with a design that reflects the storied past of Strand Road, which was a key trading hub in British India,” said Keshav Agarwal, Director, Srijan Realty.

Part of a Larger Riverfront Vision

The initiative is a key component of the port’s broader redevelopment plan for both banks of the Hooghly River. At least 10 land parcels have been identified for transformation, with six already awarded to developers, evenly distributed across the Calcutta and Howrah sides.

Another noteworthy development is a convention centre at Timber Pond, Howrah, to be built by Eden Group, underscoring the port’s commitment to reviving Kolkata’s waterfront heritage through modern infrastructure.

A Call for Comprehensive Planning

Urban planners and architects have welcomed the move but stressed the importance of a cohesive master plan to ensure that projects along the riverfront maintain visual harmony and functional connectivity.

Architect Abin Chaudhuri remarked, “The city needs a master plan that maintains the homogeneity of different projects.”

Echoing this sentiment, urban planner Prof. Manish Chakraborty added, “The riverfront is not an isolated space of some plots; it’s a continuous stretch. The success of each project will depend on how the areas around it are developed.”

A Step Toward a Revitalized Kolkata

Despite being blessed with a river that shaped its history, Kolkata has long struggled to harness the potential of its waterfront. With strategic planning and mindful execution, these projects could finally redefine the Hooghly riverfront, turning it into a vibrant mix of heritage, leisure, and commerce.

If realized well, the Hooghly’s banks could soon reflect the true spirit of Kolkata, where the city’s storied past meets its promising future.