As per the sources available to www.propertykhazana.com, Shriram Properties will be associated with the funds sponsored by the Walton Street Capital and Starwood Capital group to develop an incorporated township in Kolkata worth of Rs. 5,000 Crores. Company appears to be extremely thrilled regarding the venture with the Walton Street Capital and with Starwood Capital and the duo will have a significant existence in building the objective properties. These administration firms will absolutely give the major renovation to the Kolkata realty. This is the first venture in a combined partnership which has 20 Million Sq.ft of housing, commercial retail and civic infrastructure and the venture will arise on the property which before belonged to the Hindustan Motors Plant in Uttarpara.
Starwood Capital and Walton Street Capital both will stay close-by concerned in functioning with the Shriram Properties for carrying out of their initial venture and the blueprint for this venture is formed by the biggest US based architecture firm HOK. Walton Street Capital is developing a bond with Shriram Properties from past few months, said Sourav Goswami, Managing Director of Walton Street Capital India Pvt. Ltd speaking at the www.propertykhazana.com. Starwood Capital is committed to play a vital role in building an integrated township featuring the superlative amenities.
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