|
Teraspace (IT Park), Pune |
|
 Kolte Patil Developers is developing
Teraspace in a joint venture with ICICI Venture Fund Management. The IT Park
is well connected to the main nodal points of the city. It is located at 15
km from Commercial Business District (CBD), 11 km from the railway station,
and 10 km from the airport.
Teraspace will have the
state-of-the-art facilities such as 100% power backup, high floor
efficiency, large column grids, intelligent BMS, ample car parks, and other
support services. It will also have world-class recreational amenities like
gyms, restaurants, banks, ATMs, food courts, training centers, incubation
centers, etc. The IT Park can accommodate upto 12,000 people.
|
Total land area :
12.77 acres |
|
Built-up area :
1.20 mn sq ft |
|
|
The Cerebrum IT Park, Pune |
|
Kumar Housing Corporation is
developing Cerebrum IT Park in Pune. The IT Park is located near Kumar City,
Kalyaninagar. It is located at a distance of 4 km from the airport and 5 km
from the railway station.
The Cerebrum IT Park comprises two buildings: B1 and B2. B1 is complete;
most of it has also been leased out. Some of the companies that have signed
up for occupation are Cybage, Mastek, Hexaware, S1 Services, Gamcom,
Celunite, and Lightbulb Technologies.
B2 building is in the process of completion, and 100,000 sq ft is already
taken up by Fiserv India. It can accommodate approximately 11,000 people.
The IT Park offers world-class facilities such as 100% power backup, 24/7
water supply, and broadband facility through all leading service providers.
It also offers recreational facilities and amenities such as food courts and
ATMs.
|
Total land area :
1 mn sq ft |
|
Built-up area :
100,000 sq ft |
|
|
International Tech Park, Pune |
|
International Tech Park Pune (ITPP)
is being developed by Ascendas and Maharashtra Industrial Development
Corporation (MIDC). It is located within Phase III of the Rajiv Gandhi
Infotech Park, Hinjewadi, a designated Special Economic Zone (SEZ). In close
proximity to the Pune-Mumbai Expressway, the Park is easily accessible from
the city center, Pune railway station and the Pune airport.
ITPP offers quality business space
with features such as large floor plates ranging 15,000 to 60,000 sq ft,
ample parking space, lush landscaped open spaces, business lounge, etc. The
Park offers the same type of facilities as has been planned for ITPN. Other
lifestyle amenities that ITPP offers include gymnasium and health club,
banking facilities, food courts and fast-food kiosks with al fresco dining,
multi-cuisine restaurants, mini market, play garden, event plazas, and
amphitheatre.
|
Total land area :
25 acres |
|
Built-up area :
2.45 mn sq ft |
|
|
Gujarat Infocity, Gandhinagar |
|
Infocity is a joint venture
between Creative IT an associate of Creative Choice Group (USA) and Gujarat
Informatics, a nodal agency of the Government of Gujarat. The IT Park is
located very close to the international and domestic airport and the railway
station.
The Infocity has all
state-of-the-art facilities such as 100% power backup, 24-hour water supply,
large-capacity high-speed passenger and service lifts, etc. IT Tower 1 is
ready for possession and has a built-up space of 2.50 lakh sq ft. In total
18 IT towers have been planned. It also has other world-class recreational
facilities like multi-cuisine food courts, banks, ATMs, retail outlets, a
business center, ample parking space, and a beautifully landscaped area with
manicured lawns, water bodies and gardens.
Presently, around 42
companies have signed up including TCS and Microsoft. Space to seat more
than 6,000 employees has been taken up.
|
Total land area :
150 acres (Phase 1-116 acres and Phase 2-34 acres) |
|
Built-up area :
4 mn sq ft |
|
|
Sobha Hitech City, Kochi |
|
Sobha Group is in the process of
acquiring around 400 acres of land in Kochi for setting up Sobha Hitech
City. The entire project is scheduled to be completed in a period of eight
years, which will be taken up in phases. Phase I is expected to take three
years for completion. The land identified is on a picturesque island, very
close to the by-pass highway near Maradu in Kochi. It is around 8 km from
the city center and approximately 20 km from Cochin International Airport.
Of the 400 acres, 180 acres will be set aside for
open spaces and public amenities such as roads, bridges, parks, water
bodies, educational institutions, hospitals, etc.
|
Total land area :
400 acres |
|
R&D/Electronics/IT and
Sciences/Biotech : 55 acres |
|
Hotels, malls, etc :
57 acres |
|
Residential area :
108 acres |
|
|
Chennai Tech Park, Chennai |
|
Chennai Tech Park is being developed by India Land and
Properties. in Ambattur, which is located in the northwestern part of
Chennai. It is 15 km away from the airport and the sea port. The Park
comprises three towers. Signature A and B Floor have plate sizes of 70,000
sq ft (split into two modules) each and Signature C has a floor plate size
of 60,000 sq ft.
The Tech Park has a centralized energy monitoring system
for air-conditioning and for automated energy billing. It has an adequate
number of elevators to handle peak hour traffic and adequate parking space
in the basements. In addition, the Park is registered with US Green Building
Council for LEED Certification and uses eco-friendly equipment for energy
efficiency, use of renewable energy, provision of rain water harvesting,
etc.
|
Total land area : 10 acres
|
|
Built-up area : 2.5 mn sq ft
|
|
Multi-level car park : 1: 800 sq
ft
|
|
|
Godrej Waterside, Kolkata |
|
Godrej Properties is developing
Godrej Waterside, an IT Park, in the heart of Kolkata's Salt Lake Sector V
area. It is a joint venture with Infinity Infotech Parks. The IT Park will
be located at a distance of 20 km from CBD, 16 km from the airport, and 12
km from Sealdah railway station.
|
 |
|
Genesis, another tech park by Godrej Properties, is also
coming up in Salt Lake, Kolkata |
The IT Park will be developed in two
phases: Tower 1, comprising a total space of 601,065 sq ft, will be
completed in the first phase (June 2008), and has ten levels of dedicated
office space. Tower 2, which will be completed in the second phase, offers a
total space of over 1,166,255 sq ft, and has 17 levels of dedicated office
space.
Godrej Waterside offers excellent
facilities such as 100% power backup, high-speed connectivity and sufficient
bandwidth from reputed government and private players, 24-hour water supply,
an expansive food court, an outdoor lounge pavilion, landscaped
surroundings, double basement car parking, provision for retail, etc.
|
Total land area :
1.8 mn sq ft (165,000 sq m) |
|
Built-up area :
1,767,000 sq ft |
|
|
Source:www.sezindia.nic.in |
|
States |
Number of IT/ITeS SEZs Approved |
|
Andhra Pradesh* |
17 |
|
Chandigarh |
1 |
|
Haryana |
5 |
|
Karnataka |
11 |
|
Kerala |
4 |
|
Maharashtra |
7 |
|
Madhya Pradesh |
2 |
|
Punjab |
1 |
|
Rajashthan |
1 |
|
Tamil Nadu** |
12 |
|
Uttar Pradesh |
2 |
|
West Bengal |
1 |
|
Total |
64 |
|
* does not include The FAB City SEZ, as that comes under
Manufacturing SEZs |
|
** does not include Flextronics setup, which is an
electronics hardware SEZ |
The Ambiguity Now
Underlying all this positive sentiment is the ambiguity that SEZs
have brought in with respect to STPI. Companies who have leveraged the STPI
schemes are still ambiguous with respect to SEZs. The SEZ policy says that a new
business can be set up in the zone, but no relocation of an existing business
will be allowed. So, existing STP schemes and then moving to SEZs is currently
in a haze. An extension of the STP scheme for such companies is expected.
Lots of Supply Ahead
As the IT/ITeS industry goes ahead with its strong growth plans, the
demand for office space continues to be robust. And by the looks of it, supply
also shows no sign of being in a crunch. This spells good news for companies, as
they get a lot more choice to set up their offices at competitive prices. The
pressure is now on developers to give better quality spaces at the best rates.
If infrastructure development happens on similar lines, there is little reason
to go wrong to keep the IT growth going. Plus huge, innovative, well-packaged
and concerted marketing efforts at the government and industry level can drive
in investments into the country. This will ensure that the huge investments
going on now do not go waste.
Suma E P with
Charanya V and Vividha Aggarwal
maildqindia@cybermedia.co.in
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