The second phase of the project will witness the launch of a multispecialty hospital, a school of international repute. We are also finalizing the deal with a Bollywood star for setting up a Martial art academy',said Mohta. 'We are in final round discussion with a few Olympic champions, members of world cup winning teams in football and cricket, worldвЂ™s renowned soccer stars, legendary cricketers of India, internationally acclaimed swimmers for setting up their academies in our sports city.

A nationally acclaimed Martial Arts Academy will also be set up. Internationally acclaimed sports brands are setting up a state of the art cricket academy, a football academy and a swimming academy. The sports township will include sports academies and sports related infrastructural facilities that include Cricket Ground, Football Ground, Indoor sports area, swimming pool and a host of other amenities. People living in standalone houses, realized the need for shifting to apartments in gated communities with all amenities required for modern living,' said Saket Mohta, Managing Director, Merlin Group. There had been a major revival in sales of residential real estate projects in the 2nd quarter of 2020-21 riding on the back of a resilient economy and vaccination drive by the Govt. вЂњKolkata property market has remained resilient during the pandemic. There will be 2bhk and 3 bhk apartments priced at Rs 35-50 lakhs. Out of these, 968 apartments will be sold through lottery now. 2529 flats will be developed in the first phase. The first phase of the mammoth township project will be developed on 16 acres of area. Spread over 45 acre the project christened as вЂњRISE - Sports RepublicвЂќ will comprise 10,000 flats. Merlin Group, a Kolkata-based real estate plans to invest over Rs 2000 crore to develop one of the largest sports вЂ“themed Greenfield township at Rajarhat- Bishnupur area (Rajarhat Chowmatha, near New Town, Kolkata.

Time tracks merlin project