RERA Ready To Move
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About Altitude 16
Altitude 16 is a single-tower ultra-luxury residence rising B+G+23 storeys at 16, Elgin Road, in the heart of Bhowanipore, South Kolkata. Developed by Prasad Group — RERA-registered promoter Neelamber Construction Private Limited, operating in Kolkata since 1988 — the project curates a small collection of large-format 4 BHK and 5 BHK residences, duplexes, and penthouses within a single tower, a scarcity model uncommon in this micro-market. Roughly 70% of the plot is held open, giving upper floors clear sightlines toward the Victoria Memorial. The address sits inside one of Kolkata's most established residential pockets, within easy reach of Forum Mall, Bhawanipur College, and Netaji Bhawan, and close to reputed schools and hospitals across the Elgin–Bhowanipore belt. Apartments are designed three-sides-open for cross-ventilation — a detail that matters more on a compact single-tower footprint than on a sprawling township plot. Specifications lean toward Italian marble living areas, wooden flooring in bedrooms, and video-door-phone security, positioning Altitude 16 among Kolkata's more exclusive addresses rather than a volume housing project. RERA: WBRERA/P/KOL/2023/000007.
Key Highlights
- Single-tower B+G+23 luxury residence — an exclusive, low-density unit count (43 or 45, unconfirmed) across the entire building
- 70% open space on an Elgin Road address — unusually generous land efficiency for this scarcity-driven micro-market
- 4 BHK & 5 BHK configurations plus duplexes and penthouses, all three-sides-open for natural cross-ventilation
Our 4-dimension evaluation
Every project on Sidus is scored on four dimensions — developer, location, price-to-value, compliance. Below is our honest read.
Altitude 16's core investment case rests almost entirely on address scarcity — an Elgin Road ultra-luxury tower with Victoria Memorial sightlines and genuine low unit density is a rare product even by Kolkata standards, and that location quality is essentially unreplicable. The honest caution is on price transparency and developer track record at this ticket size: at ₹10 Cr+, buyers need confirmed loading factors, all-in cost clarity, and independent validation of Prasad Group's delivery and finish quality before committing.
The four dimensions
Detailed sub-scores available in your personalized memo
Prasad Group (via Neelamber Construction Pvt Ltd) has operated since 1987–88 — credible longevity — but their Kolkata ultra-luxury track record at this price point is thin in public record, and post-handover CAM quality for a 43–45 unit tower at ₹10 Cr+ is unverified.
16, Elgin Road is arguably one of the three or four most coveted South Kolkata residential addresses — established social fabric, Forum Mall walkability, Victoria Memorial sightlines from upper floors, and genuine land scarcity that has historically compressed supply and supported capital values.
At ₹10 Cr onwards for 3,300–3,650 sqft, the implied ₹/sqft of ~₹27,000–30,000+ is at the ceiling of Kolkata's luxury market; fit-out standard, loading percentage, parking pricing, and club/maintenance add-ons are not specified, making it impossible to confirm whether the ask is honest or stretched.
RERA registration WBRERA/P/KOL/2023/000007 is present and traceable; Ready-to-Move status with a 2026 possession date is internally consistent, but unit count discrepancy (43 vs 45 — unconfirmed) and absence of any complaint or financial-closure data are minor flags worth resolving.
Get the full breakdown for Altitude 16
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Configurations & Pricing
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Amenities
- 24x7 Security
- Banquet Hall
- Car Parking
- CCTV Surveillance
- Clubhouse
- Gymnasium
- Indoor Games
- Library
- Lift
- Multipurpose Hall
- Power Backup
- Swimming Pool
- Yoga / Meditation Area
Floor Plans & Master Plan






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Location & Connectivity
Address at 16, Elgin Road places residents inside [[locality:elgin-road|Elgin Road / Bhowanipore]], one of South Kolkata's oldest and most established residential corridors.
Immediate walkability to Forum Mall — one of Kolkata's most prominent retail-and-entertainment destinations — and to Netaji Bhawan, a heritage landmark address.
Upper-floor units are oriented toward the Victoria Memorial — an unusually close, unobstructed sightline for this proximity to the monument, a function of Elgin Road's low-density heritage building stock.
Frequently Asked Questions
Altitude 16 is located at 16, Elgin Road, in the Bhowanipore area of South Kolkata, close to Forum Mall and Netaji Bhawan
70% open space in Altitude 16
Altitude 16 is ready to move, flats can be visited
Altitude 16 price starts at 10 Cr onwards