Simplex Projects JV to build multi level car park at Kolkata

Friday, 07 Mar 2008

It is reported that Simplex Projects Limited, in JV with Kolkata Metropolitan Development Authority, has been awarded the contract for development and management of multi level car parking project at Kolkata under built operate & transfer basis under.

The project consists of multi level car parking for about 600 cars and a commercial complex and is to be completed within a time span of 18 months.

Simplex has signed the concession agreement on March 6th 2008 in respect of the above project with the Kolkata Metropolitan Development Authority. It is also entering into a MoU with the Future Group in respect of the leasing of the commercial complex.