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2 Billion Was sanctioned for Atlanta to set up the Theme Park in Surat

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As per the sources available to www.propertykhazana.com, infrastructure development and realty company Atlanta Ltd a Mumbai based company has got the endorsement from the Gujarat Government to set-up the theme park in Surat which costs about Rs. 10,412 Crores (USD 2 Billion). The first stage of the venture is set to start in April 2012 and it has cleared by the GIDB and GTB and the final go will be anticipated by the state cabinet in few weeks. Atlanta is dynamically growing in the sectors like road ventures, and it talks that World’s largest theme-park operator will be the co-worker for the venture.
Rajhoo Bdarot the managing director of Atlanta Ltd said that, “Company is in talks with Wonderland in Canada, Sentossa of Singapore, Disney and Malaysia’s Gentling for the partnership, later we will confirm on a co-worker once we get the essential endorsements and also we might allow private equity company’s to take part in the venture.”
Revealed sources’ to www.propertykhazana.com discloses, this venture will be extended to 3200 acres and this will be purchased from the Gujarat Government at the market rate. The place is known at Suvali Beach which has 3.3 km along the Arabian Sea Coast and is situated around 20 km from Surat and will have 5 theme parks like Nature Park, Water Park, Beach Park, Amusement Park, Ice Skating and Skiing Dome. Apart from the listed Restaurants, Studios, Forest Villas, Hotels, Beach Villas, Studio Lagoon, Apartments and also Villas and this will be offered with air taxi helicopter services from main cities. Investment in this theme park will be for about USD 2 Billion which will includes land development charges, building amenities, transport, technologies, design and planning and also venture charges also includes in interest during the construction time. Actually, the venture will be bigger than the Disneyland in California, Paris and in Tokyo and this will be completed in 3-5 years.
Source: NIMMA BENGALURU

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