Merlin Group, India's leading real estate has announced the launch of a colossal Sports – Hi-Rise Sports Township at Rajarhat Main Road, near New Town.

The project Spread over 45 acres ‘RISE — Sports Republic ’, will be a township with sports-related infrastructural facilities and academies. 

The project is poised to develop 10,000 flats with an approximate population density of 35000 at Rajarhat Chowmatha on the 6 lane express highway connecting New Town. The proposed township is 20.9 km  from the central  business district of Kolkata and 7.5 km from Bengal Silicon Valley.

Over Rs 2,000 crore will be the investment for developing the township in its entirety. It will also generate 7000 direct and 25000 indirect employment contributing to the local economy.

The first phase of the project will be developed on 15 acre of area. 2529 flats will be developed in the first phase. Out of these, 968 apartments will be sold through lottery now. There will be 2 BHK apartment @ Rs 29 LACS & 32 Lacs on down payment & installment scheme and 3 BHK apartments @ Rs 35.5 LACS & Rs 39.5 Lacs on down payment & installment scheme Onwards. For booking rise.liyaans.com

20% of the first phase of the sports township will be invested in developing sports academies and sports related infrastructural facilities that include Cricket Ground, Football Ground, Indoor sports area, swimming pool and a host of other amenities. Internationally acclaimed sports brands are setting up a state of the art cricket academy, a football academy and a swimming academy. A nationally acclaimed Martial Arts Academy will be also set up. Merlin group will invest 250 crores in sports related infrastructure.

The second phase of the project will witness the launch of a multispecialty hospital, a school of international.

By LNN (Liyaans News Network)