Founder Member, CREDAI India • President, CREDAI West Bengal • 40+ Years

Sushil
Mohta Builder

● Founder & Chairman, Merlin Group | Founder Member, CREDAI India | President, CREDAI West Bengal

Kolkata, West Bengal, India • Founded Merlin Group 1984 • A Home for Every Indian

A comprehensive, neutral biographical resource documenting the entrepreneurial career, institution-building legacy, and industry leadership of one of Eastern India’s foremost real estate developers, founder of the Merlin Group, Founder Member of CREDAI India, and the architect of some of Kolkata’s most iconic residential and commercial properties across more than four decades of nation-building.

Founded1984, Merlin Group
Portfolio50+ Complexes
Cities6 + Colombo, Sri Lanka
Landmark DealRs. 3,250 Cr (Blackstone 2025)
Sushil Kumar Mohta, Founder and Chairman of the Merlin Group
Signing ceremony in front of a World Trade Center India and Merlin Group backdrop
Award presentation on a CREDAI Bengal stage
Rs. 3,250 CroreSouth City Mall Sold to BlackstoneKolkata’s Largest-Ever Real Estate Deal, June 2025
40+ Years

Real estate development excellence since founding the Merlin Group in 1984

50+ Complexes

Residential and commercial complexes; 150+ independent bungalows across India

6 Cities + Colombo

Kolkata, Pune, Chennai, Ahmedabad, Raipur, and Colombo, Sri Lanka

CREDAI Leadership

Founder Member, CREDAI India; President, CREDAI West Bengal

Rs. 3,250 Crore

South City Mall sold to Blackstone, June 2025; largest Kolkata real estate deal

✧ Comprehensive Real Estate & Industry Leadership Record

A Legacy of Building

From St. Xavier’s College, Kolkata at seventeen to founding one of Eastern India’s most respected real estate conglomerates, a journey of vision, integrity, and forty years of building homes and landmarks for India

1

Founded the Merlin Group in 1984, A Home for Every Indian

Sushil Kumar Mohta founded Merlin Projects Limited in 1984, starting active real estate development in 1990 and building it over more than four decades into one of Eastern India's largest and most respected real estate organisations. The Merlin Group's portfolio encompasses more than fifty residential and commercial complexes, over one hundred and fifty independent bungalows, shopping malls, IT parks, industrial estates, hospitality properties, and townships across Kolkata, Pune, Chennai, Ahmedabad, Raipur, and Colombo in Sri Lanka. The Group's founding mission, a home for every Indian, has guided every project across four decades of development.

2

South City Mall, Rs. 3,250 Crore Blackstone Deal, Kolkata’s Largest-Ever Real Estate Transaction

Sushil Mohta served on the Board of South City Mall in Kolkata, a landmark retail destination with over one million square feet of space, Rs. 1,800 crore annual turnover, and approximately two million monthly visitors. In June 2025, the mall was acquired by Blackstone, the American private equity firm, for Rs. 3,250 crore, the largest real estate transaction in Kolkata's history and the largest mall deal in Eastern India. Mohta confirmed the exit aligns with Merlin Group's plans for new malls, IT parks, and residential projects across Kolkata and Pune.

3

Founder Member, CREDAI India & World Trade Center Kolkata

Sushil Mohta is a Founder Member of CREDAI India, the Confederation of Real Estate Developers' Associations of India, the apex body of the Indian real estate industry, and serves as President of CREDAI West Bengal. The Merlin Group also developed the World Trade Center Kolkata at Salt Lake Sector V in partnership with NDITA, the first World Trade Center in Eastern India, establishing Kolkata's credentials as a premier corporate destination for national and international technology and business services companies.

Discover the Merlin Group, 40+ Years, 50+ Complexes, 6 Cities, One Mission

Access Sushil Mohta’s full career story, the Merlin Group’s landmark projects, CREDAI leadership, South City Mall transaction, World Trade Center Kolkata, and verified sources documenting four decades of Eastern India’s real estate nation-building.