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Kolkata

Population & Landmarks…

No particular date could be fixed for the birth of the city of Kolkata. History has long suggested the city was founded over 300 years ago on the banks of the Hooghly River by Job Charnock. Although Kolkata has its fair share of problems, most notably overpopulation and poverty, it also certainly has an abundance of charm deriving from the faded decadence found in many parts of the city, and its plethora of historical, cultural and religious buildings. Kolkata remains one of the most prominent cities in India, a city with a soul, a fabled past and rich artistic tradition. Great wealth and great poverty live side by side. Residents of Kolkata are called Calcuttans. The city has a population of 4,580,544, while the urban agglomeration had a population of 13,216,546.

Economy…

Kolkata is the main business, commercial and financial hub of eastern India and the north eastern states. It is home to the Calcutta Stock Exchange, India’s second-largest bourse. It is also a major commercial and military port, and the only city in the region to have an international airport. The city has a large unskilled and semi-skilled labour population, along with other blue-collar and knowledge workers. Kolkata’s economic revival was led largely by the IT services, with the IT sector growing at 70% yearly, twice that of the national average. In recent years there has been a surge of investments in the housing infrastructure sector with several new projects coming up in the city. Kolkata is home to many industrial units operated by large Indian corporations with products ranging from electronics to jute.

Office Rental Levels…

Office space absorption has steadily grown since the state leadership change in 2001. Conductive government policy, with proactive support from the state government has improved perception of the general socio-political environment in both the city and the state. The city’s size is increasing with development in all directions. Over 5 millions sq. ft of office space has been delivered in 2007. The most significant activity is happening in the eastern suburbs, such as Salt Lake and New Town. The city is expected to witness absorption of 4.89 million sq. ft. This would maintain current rental levels in the short term, as developers tend to delay completion of projects in which spaces have not been leased.

Transport…

Dum Dum airport is about 11 miles northeast of the city. Kolkata is a major hub for domestic and international flights, and a good place to buy reasonably priced onward flights to other parts of Asia. It is served by a growing number of international air carriers. Its domestic airport connects Kolkata to all major Indian cities including Mumbai, Delhi, Chennai and Bangalore. Trains are run by Indian Railways. There are two train stations in the city. Howrah Junction, south of Howrah Bridge on the western side of the river, has the most connections to the rest of the country. Sealdah Station, Bepin Behari Ganguly Street, just east of AJC Bose Road, connects the city with the northeast.

The Tourism, Attractiveness of the city…

The city enjoys a reputation as the cultural and intellectual capital of India. This was, after all, home to the Nobel Prize-winning poet Rabindranath Tagore and renowned film director Satyajit Ray. And while Mumbai churns out an all singing and dancing film every minute, Kolkata prides itself on a more cultural, measured approach to film-making. Cricket and football are popular sports in the city. Kolkata is one of the major centres of football activity in India. As in the rest of India, cricket is extremely popular and is played throughout the city in its grounds and streets. Kolkata is known for its large stadia. The Eden Gardens is one of the only two 100,000-seat cricket stadiums in the world.

Useful Links…

Chamber of Commerce: www.calcuttachamber.com

Kolkata City Guide: www.worldtravelguide.net

Serviced offices in Kolkata? SOS can help. SOS help clients find office space and serviced offices for rent in Kolkata.

If you are seeking a virtual office in Kolkata or a meeting room/boardroom in Kolkata or even a mailing address, then please bear in mind that most of the properties listed on our site will also provide these facilities.