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Road to riches: A shopping mall owner's odyssey

The Morning Standard

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January 12, 2025

Deben Kakoty, once evicted from his pan shack by the road, came to own a shopping mall in the same location, Prasanta Mazumdar writes

- Prasanta Mazumdar

Road to riches: A shopping mall owner's odyssey

DHODAR ALI has known Deben Kakoty ever since he was a boy. Fifty years ago, when 'Dhodar Ali', a kutcha road back then, was being paved, a 13-year-old Deben Kakoty toiled on it all day long as a labourer. Today, that young boy has turned from a pauper to a well-to-do businessman of upper Assam, owning a shopping mall and a hardware store that straddle across 3.4 acres.

Kakoty was born in the nondescript Balikhatia village of the erstwhile Sivasagar district. His father, a poor farmer, barely dragged the family of eight. So, at a very early age, Kakoty opened a 'pan' shack by the side of Dhodar Ali in Sapekhati, a small town in upper Assam.

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