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Business districts in Kolkata

Business districts in Kolkata refers to the commercial, financial or business centres or cluster of offices in the Kolkata Metropolitan Area. The Central Business District of Kolkata consists B. B. D. Bagh, Dharmatala, Park Street and Chowringhee. Due to no more land availability, the major CBD of Kolkata metropolitan area is shifting towards the east.[1]

CBDs[edit]

The Central Business District of Kolkata consists B. B. D. Bagh, Dharmatala, Park Street and Chowringhee.[2]

Park Street and Chowringhee[edit]

Maidan | Park Street, Camac Street, AJC Bose Road & APC Road|Wood Street, Loudon Street, Shakespeare Sarani are noted as the new CBD of Kolkata. Notable offices or business centers are:

  • Tata Centre Jeevandeep
  • Chatterjee International
  • Everest House
  • NIC former headquarters

|| 1.8 million sq. ft. (as of 2023)[3]

B. B. D. Bagh[edit]

Kolkata's old CBD consists areas of B. B. D. Bagh, Strand Road, Esplanade, Netaji Subhas Road and Telecom Circle.[4] The area is still considered as one of the commercial[4] and political center of all of East India and many of the business and political institutions from the colonial era still exist. The centerpiece is the Writers' Building which is the secretariat of the Government of the State of West Bengal and houses the office of the Chief Minister of West Bengal. To the west lie the General Post Office, the Royal Insurance Building, the eastern office of the Reserve Bank of India, the headquarters of the Eastern Railway, head office of the Kolkata Port Trust and a number of other government offices. The native name of the area is "Office Para". To the north lie the Royal Exchange Building which houses the Bengal Chamber of Commerce and Industry, the Calcutta Stock Exchange, the Standard Chartered Building and many financial establishments. The eastern end also houses a number of offices till Chittaranjan Avenue. The south area of the square is home to the Raj Bhavan, which is now the residence of the governor and the former residence of the viceroy and governor-general of India. A number of former British colonial administrative offices, including the former foreign and military secretariats, the Treasury Office, the Telegraph Office and Kolkata Town Hall can be found here.

A view of the General Post Office in 2010

Notable offices or business centers are:

Great Eastern Hotel (Kolkata)

Notable hotels include The Great Eastern Hotel.

SBDs[edit]

Main location Major locations in the area Area under Major offices/buildings Approx. office space (Grade A)
Park Circus Connector Park Circus
Topsia
Kolkata city proper 0.7 million sq. ft. (as of 2023)[5]
Rashbehari Connector SBD Kolkata city proper 1.4 million sq. ft. (as of 2023)[6]

PBDs[edit]

Major areas[edit]

Developments and new CBD of KMA[edit]

Main location Major locations in the area Area under Major offices/buildings Approx. office space (Grade A)
Salt Lake Sector-V Kolkata metropolitan area 13 million sq. ft. (as of 2023)[7]
New Town New Town CBD
Fintech hub
New Town AA-II
New Town AA-III
Kolkata metropolitan area 10 million sq. ft. (as of 2023)[8]

References[edit]

  1. ^ https://psgroup.in/blog/cbd-area-in-kolkata-is-shifting-towards-the-east/
  2. ^ https://psgroup.in/blog/cbd-area-in-kolkata-is-shifting-towards-the-east/
  3. ^ https://cw-gbl-gws-prod.azureedge.net/-/media/cw/marketbeat-pdfs/2023/q3/apac-and-gc/india--kolkata--office-mb-q3-2023-.pdf?rev=c8dbc411d71f4b40b3797087120a41f2
  4. ^ a b Gupta, Gargi (4 March 2017). "The making and marring of cityscapes". dnaindia.com. Retrieved 21 October 2021.
  5. ^ https://cw-gbl-gws-prod.azureedge.net/-/media/cw/marketbeat-pdfs/2023/q3/apac-and-gc/india--kolkata--office-mb-q3-2023-.pdf?rev=c8dbc411d71f4b40b3797087120a41f2
  6. ^ https://cw-gbl-gws-prod.azureedge.net/-/media/cw/marketbeat-pdfs/2023/q3/apac-and-gc/india--kolkata--office-mb-q3-2023-.pdf?rev=c8dbc411d71f4b40b3797087120a41f2
  7. ^ https://cw-gbl-gws-prod.azureedge.net/-/media/cw/marketbeat-pdfs/2023/q3/apac-and-gc/india--kolkata--office-mb-q3-2023-.pdf?rev=c8dbc411d71f4b40b3797087120a41f2
  8. ^ https://cw-gbl-gws-prod.azureedge.net/-/media/cw/marketbeat-pdfs/2023/q3/apac-and-gc/india--kolkata--office-mb-q3-2023-.pdf?rev=c8dbc411d71f4b40b3797087120a41f2