Celica Group makes a comeback in real estate

The Celica Group, a Kolkata-based, diversified multi-sector group of companies, announced the launch of their luxury residential project, Celica Residency. This marks the organisation’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.