Kolkata, India, February 20, 2007 - Real estate major DLF has entered into an agreement with the Kolkata Metropolitan Development Authority (KMDA) to build a new township in Dankuni, Hooghly district, West Bengal with an investment of Rs.33,000 crore. This would make the Dankuni township the largest public-private-partnership (PPP) project in the country.
Christened the Dankuni World Township, the project comprising a township and industrial hub is to come up on 4,840 acres of land. 1,872 acres has been reserved for housing and 771 acres for the textile, food processing and engineering industries. Land acquisition is to begin soon. The township is to come up in 15 years and will house eight hundred thousand people.