New Launch Report
Merlin Niyasa Enters Kolkata's Anandapur Market Amid Pending Land Dispute
Merlin Group's Niyasa, a 152-apartment residential project on Anandapur Madurdaha near EM Bypass, is listed as a new launch, with a RERA completion date of 30 June 2030. The project has a pending land dispute involving the developer, and WBRERA records its construction status as 'Not Started' (as of October 2026).
| Project and developer | Merlin Niyasa, promoted by Merlin Projects Limited (Merlin Group) |
|---|---|
| Location | 880, Anandapur Madurdaha, P.S. Anandapur, Kolkata 700107, near Ruby and EM Bypass |
| RERA registration | WBRERA/P/KOL/2024/002243 (project ID WBRERA/NPR-003043) |
| Scale (WBRERA) | 2 towers, G+28, 152 apartments, 13,076 sq m site, 386 covered car parks |
| Configurations (developer) | 3.5 BHK 1,996 sq ft; 4 BHK 2,130 sq ft; 4.5 BHK 2,453 sq ft (built-up) |
| Indicative prices (portal and channel-partner listings, not developer-confirmed) | About ₹3.9 to ₹4.9 crore depending on configuration |
| Possession and RERA completion | June 2030 (developer); 30 June 2030 (RERA) |
| Construction status (WBRERA) | Not Started, as of October 2026 |
What has been announced
Merlin Niyasa is a residential apartment project in Anandapur, on the southern edge of Kolkata's built-up area near the Ruby crossing and the EM Bypass. Property portals label it a New Launch. Portal listings date the launch to December 2024, but the desk found no dated launch announcement from Merlin.
The project is registered with the West Bengal Real Estate Regulatory Authority (WBRERA) under registration number WBRERA/P/KOL/2024/002243. The WBRERA project name is Merlin Niyasa. A former working name, 'Merlin Near Ruby EM Bypass Kolkata Project', appears in the editorial brief, but no independent source confirming it was found.
The supplied brief states that bookings are open. Merlin's official project page offers an enquiry facility but does not state a booking-opening date or current availability. The booking amount, payment plan and any offer validity date are not published.
Developer and land arrangements
The promoter named in WBRERA records is Merlin Projects Limited, part of Merlin Group. Merlin says the group has operated for more than 40 years. Its corporate homepage lists 150-plus projects delivered and 10 million sq ft under construction. These are company-published figures and are undated on the page.
WBRERA documents disclose a joint development agreement (JDA) for the land involving Fedrick Merchants and Merlin Projects Limited. RERA records also list a power of attorney involving Fedrick Merchants and Agrim Commodities. WBRERA does not describe these parties as a developer joint venture partner, and this article does not characterise them that way.
Merlin's corporate history names several earlier Kolkata projects, including Merlin The 1, Merlin Island, Merlin Verve, Merlin Aspire and Merlin Regalia. The company also says it is a co-promoter of South City Group. The desk found no project-specific delivery record for Niyasa beyond its RERA registration and stated completion date.
Land dispute and court orders
The Statesman reported on 6 December 2025 that the South 24 Parganas District Judge issued an interim order restraining Merlin Projects and a named individual from acting under the JDA and power of attorney linked to the Anandapur land. The order was in force until 7 January 2026. The reported matter is a land dispute and contains allegations. It is not a finding of proven fraud.
The Statesman's 17 December 2025 report, headlined 'Fraud cloud over Mohta's Rs 600-crore project', described the scheme as a roughly ₹600-crore development with more than 150 apartments and cited advertised prices of ₹3.8 to ₹4.8 crore.
A Calcutta High Court order dated 22 December 2025, in the Merlin Projects Limited and D.C. Paul Group dispute, discussed the injunction. It noted that stopping construction would affect end buyers and booked flats, and described the blanket injunction as excessive. The desk did not find a record establishing the final outcome of the land dispute. Buyers should check the current position with the developer and WBRERA before committing.
Configurations, size and price
Merlin's official page lists three configurations, all stated as built-up area: 3.5 BHK at 1,996 sq ft, 4 BHK at 2,130 sq ft and 4.5 BHK at 2,453 sq ft. Some secondary listings give a larger maximum size of about 2,458 sq ft. WBRERA publishes an aggregate carpet area of 25,472 sq m for the project, but the unit-by-unit carpet-area schedule was not retrieved. Carpet area per unit has therefore not been stated here.
Merlin's official website does not publish prices. Third-party listing pages show indicative figures: about ₹3.98 to ₹3.99 crore for 3.5 BHK, ₹4.24 to ₹4.25 crore for 4 BHK and ₹4.88 to ₹4.90 crore for 4.5 BHK, with an indicative average of ₹17,540 per sq ft. A channel-partner page lists asking prices from ₹3.89 crore, ₹4.18 crore and ₹4.80 crore respectively. These are portal and sales-agent figures, not developer-confirmed rates. The payment plan and any current offers were not found.
Project scale and approvals
WBRERA records a site of 13,076 sq m, which Merlin markets as 3.23 acres. The project has two buildings of G+28 and 152 apartments. The total built-up area is 30,610 sq m and the total carpet area is 25,472 sq m. WBRERA lists 386 covered car parks.
Merlin describes the homes as three-side open, Vaastu-compliant and south-open, and says they are air-conditioned. These are developer descriptions and have not been independently checked.
Amenities and specifications
Merlin's official project page does not list amenities or a clubhouse size. WBRERA's disclosures cover a drinking-water facility, a fire-fighting facility, renewable-energy use, access to common spaces and electrical provision for street lighting. Secondary listings mention a clubhouse, gymnasium, swimming pool, 24-hour water supply, security, CCTV and lifts, but these are not itemised by the developer or WBRERA and are not confirmed here.
Unit-level specifications, including flooring, kitchen and bathroom fittings, doors and windows, wiring, lifts, backup power and water treatment, were not found in primary project sources. The architect was not identified.
Location and nearby infrastructure
The site is at 880 Anandapur Madurdaha, marketed as near the Ruby crossing and the EM Bypass. Merlin has not published the exact distance to the EM Bypass or to Ruby. One listing portal gives about 0.55 km to the Hemanta Mukhopadhyay Metro station on the Orange Line. Other listings give different figures, so the distance should be treated as approximate.
Listings name Delhi Public School Ruby Park, The Heritage School and Calcutta International School as nearby schools. They also name Ruby General Hospital, Fortis Hospital and Desun Hospital, and Metropolis Mall and Avishar Shopping Complex as nearby retail.
Market context
No reliable, dated price trend or rental-yield series for the Anandapur locality was found. Comparable nearby projects with directly comparable, dated prices were also not found, so this article does not claim how Niyasa's pricing compares with its neighbours.
Status as of October 2026
- Listing status: New Launch (property portals).
- WBRERA construction status: Not Started.
- Developer construction updates: none shown when checked.
- Possession and RERA completion: June 2030 and 30 June 2030.
- Booking status: stated as open in the supplied brief; not confirmed on the developer's page.
- Land dispute: reported interim restraint in December 2025; final outcome not found.
Frequently asked questions
Is Merlin Niyasa a new launch?
Property portals label it a New Launch and date its listing to December 2024. Merlin has not published a dated launch announcement. WBRERA records the construction status as Not Started, as of October 2026.
Who is developing Merlin Niyasa?
WBRERA names Merlin Projects Limited, part of Merlin Group, as the promoter. WBRERA also discloses a joint development agreement for the land with Fedrick Merchants and Merlin Projects Limited, along with a power of attorney listing Fedrick Merchants and Agrim Commodities.
What is the RERA number and completion date?
The registration number is WBRERA/P/KOL/2024/002243, with WBRERA project ID WBRERA/NPR-003043. The RERA completion date is 30 June 2030, and Merlin states June 2030 as its possession date. The registration date and phase-wise registration numbers were not found.
What sizes and configurations are offered?
Merlin lists 3.5 BHK at 1,996 sq ft, 4 BHK at 2,130 sq ft and 4.5 BHK at 2,453 sq ft, all as built-up area. Unit-wise carpet areas were not found.
What are the prices?
Merlin does not publish prices. Portal and channel-partner listings show roughly ₹3.9 to ₹4.9 crore depending on configuration. These are indicative and not confirmed by the developer.
Is there a legal dispute affecting the project?
Yes. The Statesman reported in December 2025 that a South 24 Parganas court issued an interim order restraining Merlin Projects and another party from acting under the JDA and power of attorney, and a Calcutta High Court order of 22 December 2025 discussed the injunction. These are allegations in a land dispute, not findings of fraud, and the final outcome was not found.