Eden Realty Group has announced a strategic ₹5,000 crore investment plan targeting Kolkata, Howrah, and South 24 Parganas, signalling a significant push in riverfront urban development. The initiative, set to unfold by 2030, encompasses premium residential projects, commercial infrastructure, and a new hospitality portfolio, reflecting the group’s effort to integrate lifestyle, commerce, and tourism along the Hooghly River. Analysts suggest this move could reshape the city’s urban footprint while reinforcing economic activity along key riverfront corridors.
Central to the plan is a 1,000-plus unit premium residential development in Shalimar, Howrah, aimed at tapping into rising demand for riverside housing. Urban planners note that enhanced connectivity, coupled with lifestyle-focused amenities, is driving interest in such locations, making them attractive for end-users and investors alike. The Shalimar project is expected to create a benchmark for riverfront residential offerings, combining modern design with environmental and cultural sensitivity. In parallel, Eden Realty is venturing into hospitality, planning five luxury hotels across Kolkata, Howrah, and South 24 Parganas, collectively offering 600 rooms. Industry experts highlight that integrating hospitality within residential and commercial clusters can stimulate tourism, generate local employment, and improve the overall attractiveness of urban riverfronts. This diversification aligns with global trends where mixed-use developments along waterfronts contribute to resilient and inclusive urban growth.
A senior official from Eden Realty indicated that the investment strategy reflects a long-term vision of creating cohesive urban clusters that blend high-quality infrastructure with sustainable practices. The company plans to prioritise green building standards, energy-efficient systems, and climate-resilient design, signalling a growing focus on responsible development in West Bengal’s fast-expanding real estate markets. Market observers point out that the ₹5,000 crore allocation underscores confidence in West Bengal’s growth trajectory, with demand for premium housing and lifestyle-oriented commercial spaces on the rise. The combined residential, commercial, and hospitality focus is likely to generate considerable stakeholder value, from investor returns to employment and enhanced local business activity. Experts note that such initiatives can serve as a template for integrating urban development with environmental and social considerations in other Indian cities.
Looking ahead, the success of Eden Realty’s riverfront expansion will depend on effective project execution, regulatory compliance, and alignment with municipal and environmental planning frameworks. Analysts suggest that if implemented with sustainability and community engagement at its core, the plan could position Kolkata’s Hooghly corridor as a model for integrated urban waterfront development in India.
Eden Realty Plans Major Residential And Hospitality Expansion
