[3] The first WTC was proposed in 1990 in a 223- Acre plot in East Kolkata with corporate offices, residential space, shopping centers and golf courses.

[4] The Chief Minister of West Bengal in 2013 had shown keen interest in establishing a World Trade Centre (WTC) in Kolkata.

The project’s License Agreement was signed by Scott Wang, Vice President of the World Trade Centers Association (WTCA) Asia Pacific region, and Merlin Group’s Chairman, Sushil Mohta, and Managing Director, Saket Mohta.

[8][5] Merlin Group initialized the development of World Trade Centre project in a 10.5 Acre plot in the Nabadiganta Industrial Township Authority (NDITA) area, Salt Lake Sector V, Kolkata.

[9] The company accessed the prime land which once belonged to Kitchen Appliances India Ltd, a Videocon group entity, through insolvency resolution.