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Parsvnath receives LoI for IT Park in Gurgaon

Parsvnath receives LoI for IT Park in Gurgaon
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First Published: Wed, Jan 02 2008. 01 12 PM IST
Updated: Wed, Jan 02 2008. 01 12 PM IST
New Delhi: Parsvnath Developers Ltd, have received LoI from Director Town and country planning, Haryana to develop an IT Park project on Main Gurgaon Sohna Road just three kms away from Rajiv Chowk in Gurgaon. The approximate realization from the project is expected to be Rs 650 crore within two financial years.
The IT Park is spread over an area of 6.8 acres and is located in Sector 48 in Gurgaon. It sprawls over a total build-up area of 8.5 Lac sq ft. and will showcase state-of-the-art IT Park, giving boost to IT and ITeS services in the area.
Pradeep Jain, chairman Parsvnath Developers said, “Through this project, we hope to pitch in by helping develop a strong IT climate in Gurgaon region.”
The project is expected to begin within three months and will be completed within next 24 months. Parsvnath Developers already has one IT Park situated at Chennai.
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First Published: Wed, Jan 02 2008. 01 12 PM IST
More Topics: Parsvnath | IT Park | Sohna | Gurgaon | real estate |