As part of its second phase development of the proposed financial hub at New Town near Kolkata, the West Bengal Housing Infrastructure Development Corporation (WBHIDCO) plans to allot six vacant plots totalling around 2.5 acre of land.
The plots would be allotted on a lease-hold basis (for 99 years) and the corporation has sought expression of interests for the same.
The corporation sought applications from financial institutions such as non-banking financial companies, insurance companies and other financial or regulatory agencies.
In the first phase of the project, State Bank of India, Calcutta Stock Exchange, Allahabad Bank, United Commercial Bank, United Bank of India, National Insurance Corporation, Institute of Chartered Accountants of India, West Bengal Financial Corporation and West Bengal Infrastructure and Financial Development Corporation participated .
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