The Hindu Business Line : DLF launches Rs 240-cr IT park in Chandigarh

DLF Commercial Developers Ltd on Monday launched its IT park in Chandigarh. The DLF IT Park, located at Kishangarh, Chandigarh, has an office space of 800,000 sq. ft. targeted at IT/ITES companies. DLF has invested close to Rs 240 crore for this purpose.

According to the company's spokesperson, "We have seen tremendous growth in the IT/ITES sector in the last couple of years. Recognising the potential in this sector, we have decided to focus on developing IT parks in cities like Kolkata, Chennai, Hyderabad, Bangalore and Pune. Our aim is to be able to provide our expertise to companies on an expansion mode and provide office spaces to suit their need."

The DLF IT Park is spread over 12.4 acres at the Chandigarh IT Park and consists of six office blocks, each equipped with an independent lift lobby.

"Chandigarh has a high degree of literacy and boasts of a large and qualified pool of workforce with manpower pouring in from nearby areas like Patiala, Shimla, Rohtak, Ludhiana, Solan/Kalka, Karnal, Jallandhar, Ambala, Kurukshetra, Amritsar, J&K, etc.

A strong presence of research and educational institutions, a number of engineering colleges and universities offer attractive catchments for the IT/ITES business," the spokesperson stated in a release.

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