Built in 1871, Natun Bazaar is owned by the Trust Estate of Raja Rajendro Mullick Bahadur. Photo: MintKolkata: A 19th century market in Kolkata, one of the oldest in the city, is set for redevelopment with a developer taking the 2.5-acre market on a 29-year lease from the private trust that owns it. Built in 1871, Natun Bazaar is owned by the Trust Estate of Raja Rajendro Mullick Bahadur. There are at least 650 registered tenants at Natun Bazaar, said Manoj Singh Pandey, an office-bearer of the tenants’ association. This is the first private market in Kolkata to be leased out for redevelopment.

Source: Mint November 13, 2017 18:11 UTC