9 months ago

KMDA Signs 10-Year Rent Agreement with Six Rabindra Sarobar Clubs

KMDA Signs 10-Year Rent Agreement with Six Rabindra Sarobar Clubs
KMDA inks rent agreement with six Sarobar clubs in the presence of Calcutta mayor Firhad Hakim · telegraphindia.com

Six clubs located around Rabindra Sarobar have signed a new rent agreement with the KMDA, the authority in charge of the area.

The mayor of Kolkata was present when the agreement was signed.

This new deal will last for 10 years and can be renewed.

The rent will go up by 10% every five years.

The clubs are not allowed to build anything new because of rules from the National Green Tribunal, only repairs are permitted.

This isn't a lease agreement, and the rent is set at ₹2.20 for built areas and ₹1.10 for open spaces per square foot.

The agreement helps make things official, as some clubs had unclear past arrangements.

Key facts

Agreement Duration
10 years, with provision for renewal
Rent Review
10% increase every 5 years
Rent Rate (Built Area)
₹2.20/sqft
Rent Rate (Open Space)
₹1.10/sqft
Previous Land Authority
Calcutta Improvement Trust (CIT)
New Construction
Prohibited by NGT orders

Quotes

the official

an official from the Kolkata Metropolitan Development Authority

“The KMDA had, from time to time, issued directions and letters to the clubs on specific issues or about an increase in rent amount. But there was never any document where both sides signed and agreed to adhere to certain rules. This was necessary. In case any legal dispute arises, the agreement will be called for.”
telegraphindia.com
“This is not a lease agreement. This is a rent agreement. A lease agreement would have needed the nod from the state cabinet.”
telegraphindia.com

a KMDA official

an official from the Kolkata Metropolitan Development Authority

“They will not be able to make any new construction. Only repairs and maintenance work can be done. There are standing orders by the National Green Tribunal prohibiting any new construction at Rabindra Sarobar.”
telegraphindia.com

an official of one of the clubs

an official from one of the clubs

“30 years ago”
telegraphindia.com

Chandan Roy Choudhury, honorary secretary of the Calcutta Rowing Club

honorary secretary of the Calcutta Rowing Club

“The agreement will help all the clubs and the KMDA. Our earlier agreement was with the CIT (which later became KIT). This new agreement clearly demarcates the total area that each club is entitled to. The association between the KMDA and the clubs has been formalised.”
telegraphindia.com

Sources

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