~ Celica Properties launches its luxury residential real estate project in the heart of Kolkata – “Celica Residency” ~
Kolkata, October 31, 2020: The renowned Celica Group, a Kolkata-based, diversified multi-sector group of companies, announced the launch of their luxury residential project, Celica Residency. This marks the organization’s buoyant return to real estate development after almost two decades. This exclusive residential property is being developed under the group’s real estate development arm Celica Properties, and will stand tall in the prime locality of Ballygunge, Kolkata.
The Celica Group was founded over four decades ago and today has grown into a reputable institution with a pan-India footprint across various verticals. In its initial years, the group had constructed approximately half a million sq.ft. of prime commercial space at Celica Park, on Park Street, Kolkata. Thereafter, over the years, the organization focused on other areas of growth including its finance and automobile verticals. Through the launch of Celica Residency which will consist of a 12-storey residential tower and a standalone bungalow, the group is endeavouring to re-establish itself as a leading player in the domestic real estate market once again.
True to its name derived from the Latin word for “celestial”, the Celica Group has consistently looked at reinventing itself over the years in a continued quest for perfection in all its endeavours. Celica Properties is also driven by this group philosophy to act as a catalyst of change, combining tradition with contemporary living standards, creating exceptionally high quality residential and commercial spaces that are inspired by a uniquely Indian perspective.
Even at a point of time when the overall real estate sector is experiencing a critical downturn due to the current pandemic and its resultant negative impact on the economy, Celica Properties‘ outlook represents the group’s abiding confidence in the inherent strength and stability of the city and the trust that the group has earned in its 40-year association with Kolkata. The launch of the high-end project Celica Residency, is a concrete affirmation of the company’s firm confidence in the real estate sector’s capability to supersede temporary lapses as long as value is being delivered.
Speaking of the significant undertaking of developing Celica Residency at this time, Mr. Adarsh Tulshan, Managing Director of Celica Group, said, “Our Group firmly holds the belief that regulatory mechanisms such as the WBHIRA have played an integral role in restoring the confidence of people in the real estate industry. We remain convinced that practical and well-conceived projects that are advantageously located, meticulously planned and well-executed, will always find an audience when priced correctly. People constantly look for the right value, and cannot be misled by gimmicky bells and whistles.”
Mr. Tulshan added, “With Celica Residency, we hope to gift the city a property that offers a premium living experience in this new normal, through a timeless piece of architecture and design. We are nothing short of delighted to re-enter the real estate sector once again, after a long hiatus of over two decades. Celica Properties is committed to drive the industry by executing a number of interesting projects in the pipeline in Kolkata and its suburbs. We are bullish about the sector and the group is firm on its commitment to expand its real estate development portfolio.”
Celica Residency, being developed at Dover Road, is a luxury residential project strategically located in the heart of Ballygunge, a prime and upmarket residential zone of the city. A celestial ivory tower in the making, it presents compact, well-designed and magnificently finished residential units in a quiet and elegant neighbourhood. Through its creatively inspired spaces the project aims to create a world that is secluded, elegant and luxe, nestled in a serene locality, off the bustling thoroughfare of Ballygunge Circular Road.
While the Tower will offer the luxury of a single boutique apartment on every floor, each with a super built-up area of 2354 sq.ft., the Bungalow will promise privacy and inclusiveness for a large joint family wishing to stay together at this premium address. Designed with free-flowing floor plans that maximize exposure to light and air, Celica Residency creates living spaces characterized by refined architecture set in a structurally sound building. The structural safety is augmented by high-end security and safety features with optimized usage of state-of-the-art technologies that not only safeguard residents but also appeal to the contemporary urban taste for modern automation.