Archive · 24 Jul 2025
Credai Signs MoU to Restore Kolkata's Roxy Cinema
Imagine a famous old movie theater called Roxy.
It's been closed for a while, but now a group called Credai wants to fix it up!
They're giving money to turn it into a new place for shows.
The city will help by fixing the outside, while Credai will work on the inside.
They plan to finish in about nine months.
It's like they're making a cool new space in an old, important building.
Credai, Kolkata, signed an MoU with KMC to restore the Roxy cinema.
Credai will invest ₹5 crore to convert the cinema hall into a modern auditorium.
KMC is repairing the facade of the building at 4B Chowringhee Place.
Credai plans to complete the work within nine months.
Roxy Cinema is listed as a Grade IIA heritage building.
- Who
- Credai Kolkata, Kolkata Municipal Corporation (KMC), Siddharth Pansari, Firhad Hakim.
- What
- Credai and KMC are collaborating to restore the Roxy cinema into a modern auditorium.
- When
- The MoU was signed on Wednesday.
- Where
- Kolkata, at the Roxy cinema located at 4B Chowringhee Place.
- Why
- To restore a heritage building and create a public infrastructure with private funding.
Credai
KMC
Roles and Responsibilities
Credai
Providing funds and expertise to restore the Roxy cinema.
KMC
KMC is taking care of external renovation.
- Project
- Roxy Cinema restoration
- Involved Parties
- Credai, Kolkata Municipal Corporation (KMC)
- Investment
- ₹5 crore
- Location
- 4B Chowringhee Place, Kolkata
- Heritage Status
- Grade IIA
- Timeline
- Completion within 9 months