Pre-Feasibility Report for ITC Mixed Use Development, Rajarhat, Kolkata

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1 Pre-Feasibility Report for ITC Mixed Use Development, Rajarhat, Kolkata

2 1 Introduction of the Project About ITC ITC is one of India's foremost multi-business enterprise with a market capitalization of US $ 40 billion and a turnover of US $ 8 billion. ITC is rated among the World's Best Big Companies, Asia's 'Fab 50' and the World's Most Reputable Companies by Forbes magazine and as 'India's Most Admired Company' in a survey conducted by Fortune India magazine and Hay Group. Established in 1910 as the Imperial Tobacco Company of India Limited, the company was renamed as the Indian Tobacco Company Limited in 1970 and further to I.T.C. Limited in The periods in the name were removed in September 2001 for the company to be renamed as ITC Ltd. The earlier decades of the company's activities centered mainly on tobacco products. In the 1970s, it diversified into non-tobacco businesses. Presently ITC s diversified business includes five segments: Fast Moving Consumer Goods (FMCG), Hotels, Paperboards & Packaging, Agri Business & Information Technology. About the project ITC leased a land property at Rajarhat, Newtown, Kolkata from West Bengal HIDCO. The Newtown area is being developed by West Bengal HIDCO, Newtown Kolkata and segmented into multiple action areas. The land parcel is allotted in Action Area IIIG/4 for the purpose of IT and ITES and other permissible specified uses. The above land parcel is governed by Kolkata Gazette, Newtown Kolkata Development Authority Act, bye laws for property development. The project attracts requirement of obtaining Environmental Clearances as per EIA Notification, 2006 dated 14 th September and is listed as Category B1 Project of the schedule of EIA Notification, as the built up area is exceeding sqm. The project will be appraised by State Environment Impact Assessment Authority (SEIAA). Significance of the project ITC will invest close to about INR 636 crore on land parcel is allotted in Action Area III, in Newtown for the purpose of IT and ITES and other permissible specified uses. The project will result in generation of 5000 employment in IT and ITES sector, providing service to domestic as well as International client in varied sector like retail, finance etc.

3 2 Project Description Location and Accessibility The project is located at Rajarhat, New Town, Kolkata. The area is being developed by HIDCO, New Tow, Kolkata and segmented into multiple action areas. The Plot no is PLOT NO. AA IIIG/4, Action Area III-G, J.L. No. 09, Mouza- Hatisala, Beonta-II Gram Panchayat, falling under the Kolkata Leather Complex Police Station. The site is located opposite to a notable landmark, the Arts Acre Foundation art gallery. The latitude and longitude of the proposed project site 22 32'45.61"N and 88 31'09.34"E respectively. The Rajarhat offers a very good location for establishing new business area. This area would be a distance of 10 km from the central area of Salt Lake and 14.5 km from the Airport. The proposed site is at an aerial approximate distance of 14 km from National Highway 34 which is connected to South Bengal. The regional road connection across the Vidyasagar Setu (Second Hooghly Bridge) and the Vivekananda Setu (Bally Bridge) are provided along E.M. Bypass, Kona Expressway and Belgharia Expressway. The project area is approximately at a distance of 16 km from Bidhannagar Railway Station. The project area is already accessible from the Rajarhat Road which takes off from Kaji Nazrul Islam Sarani. The proximity to the main city of Kolkata and the International Airport as well as the locational advantages in respect of transport linkages are the major factors for which the project area has prospect of future development. The site is accessible through Major Arterial Road (East West). The approach road is black topped with an approximate width of 69 meter. Eastern Metropolitan Bypass (EM Bypass) is passing along NE side of the proposed site at an approximately aerial distance of 11 km. The Netaji Subhas Chandra Bose International Airport is located at an approximate aerial distance of 14km.

4 Project Location Map Size or Magnitude of the Project The relevant plot of land is acres or sqm. The project is a mixed use area development project, which will lead to construction and operation of Office space for IT and ITES sector, along with a Knowledge center, hotel and residential complex. The total build up area will exceed more than sqm. As a result the project will be considered as Category B1 Project of the schedule of EIA Notification of 2006 dated 14 th September. Project Description ITC has planned for a mixed use development in the land parcel consisting of IT offices o IT Building 1 (G+15) 68.4mt o IT Building 2 (G+15) 68.4mt o IT Building 3 (G+2) -16mt

5 Non-IT offices o Non IT building 1 (G+7) 34.9mt o Non IT Building 2 (G+6)-30.6mt Hotel (G+13)- 60mt Staff residence o Residential 1 (G+25) 90.2mt. o Residential 2 (G+25)-90.2 mt. Project in a nutshell: Land size to be considered: Acres Width of Main Road/ Side Road: 69 meters / 40meters Permissible Mixed Use: User Mixed Use % on Total Land Parcel Permissible FAR IT/ITES 51%* As per bye-laws, (*as per the Other Users understanding 49%* (put- together) between ITC and WBHIDCO) Ground Coverage As per local regulations Project Schedule The project is planned to be completed within 5 years. Requirement of Raw Material As mostly IT and ITES sector will be established, raw material consumption will be negligible. Most of the construction raw material will be required during the construction phase of the project. An estimate of raw material required is provided below: Cement: MT Sand: cubic meter Aggregate: cubic meter Steel: MT Bricks: 2 Lakhs pieces Fly-ash: As per MoEF guidelines

6 All construction material will be shipped to the site via road transportation. Resource required Land acres of land was provided to ITC on long term lease by West Bengal Housing Infrastructure Development Cooperation. Water ITC will not use any ground or surface water near the project site for construction purpose. During construction phase water will be provided by West Bengal HIDCO. During Operation, total water requirement is 1328 KLD. Fresh water requirement is 702 KLD. The water requirement will be met from WBHIDCO and Rainwater stored water hence, no abstraction or transfer from ground is involved. Power The total power requirement for entire project is 9.4 MVA. It will be supplied by WBSEDCL. 5 No kva, standby DG set in acoustic 100% loading and 1 No kva space provision for future N+1 configuration Labour Approx nos. of local labours from nearby area will be hired in the construction phase per day. Thus, no influx of people is envisaged. Skilled Human Resource The project is going to create 5000 employment in IT and ITES sector. Kolkata is a metropolitan city with a huge pool of resource full and skilled human resource. As the project is located close to Kolkata, Kolkata as well other parts of West Bengal and India can fulfill the requirement of human resource to man the offices. Waste Management Solid Waste During construction phase most of construction waste will be re-used in site and road preparation work. Rest, if any shall, be disposed off at site designated by WBHIDCO. During operation phase most of the solid waste will be produced from the kitchen of residence and canteen and cafeteria of offices, hotel and knowledge centers. So the nature of the waste will be Municipal Solid Waste (MSW). It is estimated that 2348 kg/day of MSW will be produced during the operation phase of the project. Initiative will be taken to segregate the waste at source. In addition to kitchen waste, presumably used packing material will be generated as waste material during mostly operation phase as well as construction phase. Apart from these, solid waste in form of STP sludge waste and garden waste will be generated during operation phase. This has been planned that the solid waste would be collected by a specialized agency of WBHIDCO dealing in collection and disposal of solid Waste. Waste Water Waste water generated during the operation phase will be treated in an sewage treatment plant (STP) of 760 KLD capacity. Apart from the sludge and loss of water due to evaporation, about 626 KLD treated effluent will be left to reuse.

7 3 Site Analysis The Chapter describes both the project site as wells as the site surroundings. It has been observed that the site is presently a barren flat land. On the other hand, a 2Km area from the project site boundary has been considered to describe the site surroundings. Site Setting A description of the surrounding of the proposed project site is provided in the Table 3.1 and presented in Figure 3.1. TABLE 4-1: SITE SETTING DESCRIPTION Location of the Adjacent Property East West North Current Use & Nature of Operations A parcel of land (20.23 ha) which has been allotted to Infosys Limited by WBHIDCO (West Bengal Housing Infrastructure Development Corporation) (Plot No. IIIG/2) is located at a distance of 370m east of the project site. Hatishala village is present at an approximate aerial distance of 0.9 Km. The East Calcutta Wetlands are present at an approximate distance of 2.73 kms. Major Arterial Road (East-West) is passing immediately adjacent to this side An Art Gallery namely Arts Acre is present at a distance of 90m. Akandakeshari village present at an approximate aerial distance of 500 m. A parcel of land (20.23 ha) which has been allotted to Wipro Limited by WBHIDCO (Plot No. IIIG/1) locate at opposite site of the 40m road, which travers along northern boundary of the project site.

8 Location of the Adjacent Property South Current Use & Nature of Operations Kanthalberia village present at a distance of 700m Kulberia village present at an approximate aerial distance of 1.2km. 220KVA transmission line touches the south-west corner of project site. Photo 3: Northern Side of Project Site Photo 4: NE Side of Project Site Photo 5: Eastern Side of Project Site Photo 6: SE Side of Project Site Photo 7: Southern Side of Project Site Photo 8: SW Side of Project Site

9 Photo 9: Western Side of Project Site Photo 10: NW Side of Project Site Land Use The proposed land use conforms to the approved land use plan of WBHIDCO. Hence there will be no permanent or temporary change in land use, land cover or topography due to the project. The surrounding land uses encompassing 5 km from the proposed project boundary was interpreted from Google imagery and site reconnaissance survey. The land use study indicates that majority of the land is being used for Cultivation (44%) whereas 16% land is being used as Settlements. It has further been observed from the land use study that approximately 11% land is used as Bheri, whereas Vacant Land constitutes 7 % of the total land use. Additionally, Green cover and Plantation constitutes 15% whereas Canal, Road Network and water body cumulatively covers 5% of the total land use. The Land Use map encompassing 5 km from the proposed project boundary has been presented in Figure 3.2 for necessary reference.

10 Land use Map Meteorology Newtown experiences a Tropical wet-and-dry climate (Köppen climate classification Aw). The annual mean temperature is 24.8 C (80 F); monthly mean temperatures range from 15 C to 30 C (59 F to 86 F). [1] Summers are hot and humid with temperatures in the low 30's and during dry spells the maximum temperatures often exceed 40 C (104 F) during May and June. [1] Winter tends to last for only about two and a half months, with seasonal lows dipping to 9 C 11 C (48.2 F 51.8 F) between December and January. Often during early summer, dusty squalls followed by spells of thunderstorm and heavy rains lash the area. Predominant wind direction which is generally from SW in the project study region. Rains brought by the Bay of Bengal branch of South-West monsoon lash the city between June and September and supplies the area with most of its annual rainfall of 1,582 mm (62.3 inches). The highest rainfall occurs during the monsoon in August (306 mm).

11 Social Infrastructure Available The project site is a vacant land, with no settlement within 500m of the project site. West Bengal HIDCO has already constructed a 69 mts road in the front and 40 m wide road on one side. Apart from that other infrastructure like Drinking water Facility, Power Supply and Sewerage system will be provided by HIDCO. As part of an initial survey 2km from the project site was considered to estimate the social infrastructure available for local people. Drinking Water Facilities: The Census data reveals that drinking water facility exits in all the villages. Consultation with the local villagers revels that they meet their drinking water requirement from dug well and tube well. There is no such quality and availability problem related to drinking water Educational Facilities: One primary school is located within the every village premises; one High school is present in Jiran Gachhi village. But as per the local villagers school infrastructure like proper class room, sitting arrangement, drinking water facility with in school is inadequate. Transport & Communication: Most of the villages in the study area have pucca road. As per the community of this village this road is developed both by the new town project and local panchayet. Bus service is available in the locality and auto service is available in ever village. Power Supply: villages have grid supply and almost all houses have their own electricity connection. But community consultation revels that frequent power cut is a major problem in this area. Health Facility: Health facility is not available within the village premises. Villagers take help from Jiran Gacha primary health center during illness. But as per the local villagers this health center is not properly equipped with medicine, medical instrument and doctor. so in case of serious illness they have to visit the private doctor clinic in Rajarhat area. 4 Analysis of Proposal The project will result in investment of INR 636 crore for development of IT and ITES sector office, Knowledge center, hotel and staff residential building. IT and ITES will directly generate 5000 employment, which will provide job opportunity for skilled human resource of Newtown, Kolkata, other parts of West Bengal as well as other provinces of India. Apart from direct employment in IT and ITES sector, skilled job opportunities will be created in hospitality industry in hotel, as cook in cafeteria etc. A substantial number of unskilled and semiskilled job opportunities will be created in the form of security guard, housekeeping stuff in office and hotel space, maintenance staff and domestic help in residential building. Over the project is going to have a substantial positive effect on national, regional as well as local economy.

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