Riverbank Holdings the operating company has finalised a funding of Rs 117.60 crore for the IT SEZ portion of this project on the outskirts of Kolkata.

It has amenities including an IT park within 10-hectare (25-acre) SEZ, a ‘Crowne Plaza’ 200-room hotel with 50 service apartments overlooking the river, a retail mall with Big Bazaar and Hometown anchors by Future Group, a multi-specialty hospital with diagnostic center, a school, a 9-hole golf course, a large sports and recreation club, an exclusive golf club; and a 700-metre-long riverfront promenade with fun retail and a marina.

The township has been designed with environmentally friendly design and onsite initiatives like the 10-hectare (25-acre) IT Park registered as a Green Building, retention of existing water bodies and recreation of more lined up with geo-textile blankets, retention of as much green cover as possible, offsite nursery development, zero sewage discharge, recycled water usage for irrigation and HVAC, use of sustainable building materials like bricks, concrete blocks etc.

[11][12] Set to cost INR 1,200 crore, Calcutta Riverside is perhaps the most high-profile project to have been taken up in the city in recent years—with the possible exception of the Salim Group's 2,000-hectare (5,000-acre) Kolkata West International.

Some of the trees abounding the estate have been cut down, says Dabriwal, but none that are old and deserve to be preserved, and the buildings, especially the central spine, has been designed around it.