Monday, July 28, 2008

MANESAR IT PARK REACHES TOWERING HEIGHTS

Mukesh Bhardwaj, Chandigarh, July 28, 2008
The Indian Express

Permission to firms to develop 15-storey buildings

Before skyscrapers dot the skyline of Gurgaon following the recent policy that permits buildings of unlimited height in Haryana, 11 towering structures would come up in one campus of the technology park at Manesar. The Haryana Industrial and Infrastructure Development Corporation had granted permission to a dozen companies to raise 15-storey buildings and 11 out of these 12 have taken up construction to keep the deadline. One company is running a dispute and hence is yet to take up construction. The pace of construction at the park, said senior officials at Chandigarh, is on at a satisfactory speed, but would take time to complete.

The corporation had formed a high-level monitoring committee to overview the progress of work at the campus. The project, after completion, would bring investment worth Rs 3,600 crore to the state. Each company had been allowed to raise 15 floors and the campus would stand high among the comparatively short height of other buildings at the IMT. All the other buildings in the IMT had been allowed up to four floors only.

The 140-acre sprawling park would host a dozen big IT companies of international repute, with each securing equal space of 10 acres. The corporation is expecting to generate 50,000 jobs from the park. In view of creating pollution-free industries at the IMT, the corporation has focused on inviting industries dealing in information technology, biotechnology, neotechnology and robotic technology. Each company had been allotted land at a price of Rs 17 crore.

0 comments: