Private sector lender HDFC Bank has been given the green signal for setting up a call centre-cum-residential training centre in Mohali district, Punjab, at a cost of Rs 194 crore, a government official said today.

The proposed commercial project, to come up in a built-up area of 38,406.27 sq m in SAS Nagar in Mohali, is expected to provide direct and indirect jobs in the area.

“The Union Environment Ministry has given an environment clearance to HDFC Bank’s proposal to set up a call centre and residential training centre in Mohali,” the official said.

The proposed project has been cleared with certain conditions such as obtaining clearances from the relevant agencies, including the town planning authority, before commencement of the work.

Already, the Greater Mohali Area Development Authority (GMADA) has allotted land for the proposed project, which is estimated to cost Rs 194 crore, the official said.

There is no court case pending against the proposed project, which will not only create job opportunities but also lead to infrastructural development of the area.

Shares of HDFC Bank were trading down by 0.57 per cent at Rs 1,787.80 a piece during afternoon trade on BSE.

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