Merlin Group Partners with Fashion TV for Kolkata's Luxury Residences
18 Feb 2025
2 Min Read
CW Team
Kolkata-based Merlin Group has teamed up with global lifestyle network Fashion TV (FTV) to bring the city's first-ever branded luxury residential project, F Residences, to the Rajarhat-New Town area. The Rs 900-crore (approximately USD 120 million) project aims to set new benchmarks in urban living, offering residents a lifestyle comparable to elite properties in cities like Dubai, Singapore, Bali, and Mumbai.
Fashion TV will provide its expertise in delivering the latest global luxury trends, including design and amenities, under a licensing agreement, though the financial terms remain undisclosed.
Saket Mohta, Managing Director of Merlin Group, emphasized that the collaboration was driven by aspiration rather than profit margins. 鈥淜olkata鈥檚 homeowners are increasingly seeking international designs and amenities that align with global standards,鈥� Mohta said. This marks Merlin's first branded luxury project, with plans for future collaborations with other prestigious global brands.
For Fashion TV, this project represents its entry into the branded residences market in Eastern India. Kashiff Khan, Managing Director of FTV, shared that the company is also working on commercial projects in Ranchi and has plans in the pipeline for Assam鈥檚 Guwahati. With a portfolio of over a dozen branded residential projects across India, FTV aims to expand its reach with strategic licensing partnerships.
The project will span 880 units in its first phase and will feature luxury amenities, including a two-tier swimming pool, a standalone clubhouse, and a rooftop 鈥淐loud Forest.鈥� It is expected to enhance Kolkata鈥檚 rapidly evolving skyline.
Merlin Group, with its headquarters in Kolkata, has an impressive portfolio, having completed over 150 projects across India and Sri Lanka, including major developments like WTC Kolkata and the sports-centric Merlin Rise township. With a future pipeline of 20 million square feet of residential and commercial space, Merlin continues to expand its footprint across India.
Kolkata-based Merlin Group has teamed up with global lifestyle network Fashion TV (FTV) to bring the city's first-ever branded luxury residential project, F Residences, to the Rajarhat-New Town area. The Rs 900-crore (approximately USD 120 million) project aims to set new benchmarks in urban living, offering residents a lifestyle comparable to elite properties in cities like Dubai, Singapore, Bali, and Mumbai.
Fashion TV will provide its expertise in delivering the latest global luxury trends, including design and amenities, under a licensing agreement, though the financial terms remain undisclosed.
Saket Mohta, Managing Director of Merlin Group, emphasized that the collaboration was driven by aspiration rather than profit margins. 鈥淜olkata鈥檚 homeowners are increasingly seeking international designs and amenities that align with global standards,鈥� Mohta said. This marks Merlin's first branded luxury project, with plans for future collaborations with other prestigious global brands.
For Fashion TV, this project represents its entry into the branded residences market in Eastern India. Kashiff Khan, Managing Director of FTV, shared that the company is also working on commercial projects in Ranchi and has plans in the pipeline for Assam鈥檚 Guwahati. With a portfolio of over a dozen branded residential projects across India, FTV aims to expand its reach with strategic licensing partnerships.
The project will span 880 units in its first phase and will feature luxury amenities, including a two-tier swimming pool, a standalone clubhouse, and a rooftop 鈥淐loud Forest.鈥� It is expected to enhance Kolkata鈥檚 rapidly evolving skyline.
Merlin Group, with its headquarters in Kolkata, has an impressive portfolio, having completed over 150 projects across India and Sri Lanka, including major developments like WTC Kolkata and the sports-centric Merlin Rise township. With a future pipeline of 20 million square feet of residential and commercial space, Merlin continues to expand its footprint across India.
Next Story
3i Infotech Reports Rs 7.25 Bn Revenue for FY25
3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..
Next Story
Emerald Finance Joins Baya PTE to Boost SME Bill Discounting
Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..
Next Story
BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25
BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..