Business Daily from THE HINDU group of publications
Wednesday, Nov 28, 2007
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Wednesday, Nov 28, 2007 ePaper | Mobile/PDA Version |
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Info-Tech
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Infrastructure States - Karnataka Gulf Oil to develop IT park near Bangalore Our Bureau Hyderabad, Nov. 27 Gulf Oil Corporation Ltd has announced that the company has received approval from Karnataka Udyog Mitra to build a mixed use IT Park on its 40-acre plot at Yellahanka. The proposed project will also provide hospitality services, apartments, retails, multiplexes and other facilities. The approved Master Plan, prepared by the Indian arm of Singaporean architects, RSP Architect Planners and Engineers Ltd, is for a total area of 5 million sq. ft. The project would come up on the Bangalore-Hyderabad National Highway 7, and is located 7 km from the new Bangalore International Airport, towards the city side. According to Gulf Oil, Bangalore is today a major hub for the IT/ITES industry and the Park will add to the phenomenal growth of Bangalore in the Hebbal-Yellahanka block. The location will be highly suitable for international organisations to make it their business destination. The Park would focus on providing facilities needed by knowledge industry players. The supporting infrastructure for hospitality, shopping and entertainment would have global ambience. The Park would be jointly developed done by the company and Aasia Properties Development Ltd, the Hinduja Group’s property arm. The company had earlier announced the development of a Knowledge City at Hyderabad spread over 100 acres. This plan was conceptualised and necessary approvals sought from the Andhra Pradesh Government. More Stories on : Infrastructure | Petroleum | Karnataka
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