TCS Secures 20-Acre Site in Kolkata’s New Town on 99-Year Lease
MUMBAI: Tata Consultancy Services (TCS) has acquired a 20-acre land parcel in the Bengal Silicon Valley Tech Hub at New Town, Kolkata, for Rs 94 crore through a long-term lease spanning over 99 years. The West Bengal Housing Infrastructure Development Corporation (WBHIDCO), the government agency overseeing the development of New Town as a tech and urban hub, has allocated this land to TCS. The plot allocation took place on March 22, 2023, and the transaction agreement was signed on January 9, 2026, according to documents obtained from Propstack, a realty data analytics firm. This land has been leased to TCS…