Tech Boost: T will sell land to Pvt players | Hyderabad News
Hyderabad: To spread IT and ITES to all corners of the city, the state government has decided to sell about 75 acres of land for the development of the Plug and Play Tech Center, an innovation platform, in Dandumalkapur Industrial Park near Choutuppal to individuals. developers. The bidding process is expected to be completed by July 15.
Apart from this, the state government has decided to build a computer tower on about 10 acres at Kandlakoya near Medchal in the northern part of the city on the basis of joint development. For the IT tower, IT Minister KT Rama Rao had laid the foundation stone in February this year.
The Telangana State Industrial Infrastructure Corporation (TSIIC) has issued a Request for Proposals (RFP) for the two major projects to be undertaken under the GRID policy. TSIIC officials said the land is part of 1,800 acres identified for the Integrated Manufacturing Cluster (IMC) for promoting the green MSME sector. TSIIC has already allocated land for MSME Green Industrial Park, Government of India MSME Flat Factory Complex, Food Park and Furniture Park in Dandumalkapur.
“IMC is divided into two plots, approximately 51 acres and 23 acres and the planned built-up areas would be 32 lakh square feet. From this, the government has demanded that the minimum developable area be 50% or 16 lakh square feet. Developers and buyers are expected to provide internal infrastructure such as roads, water, storm sewers, electricity, fire fighting, landscaping and common facilities such as administrative office, center of training and skills development, testing labs, clinics and all other related facilities,” a TSIIC official said.
To ensure development within a given time frame, the government has set a schedule of 18 months, 36 and 60 months for different built-up areas, officials said.
In Kandlakoya, the proposed IT tower will be supported on a built-up area of approximately 22 lakh sqft at an estimated cost of 998 crore based on joint development. While the development project will have around 11 lakh sft of which 1.30 lakh sqft will be for Plug and Play office space and 2.70 lakh sqft for IT and ITES warm shell and the rest 11 lakh sft will be for non computer and ITES such as office, residential, hotel, commercial space and other purposes.
Apart from this, the state government has decided to build a computer tower on about 10 acres at Kandlakoya near Medchal in the northern part of the city on the basis of joint development. For the IT tower, IT Minister KT Rama Rao had laid the foundation stone in February this year.
The Telangana State Industrial Infrastructure Corporation (TSIIC) has issued a Request for Proposals (RFP) for the two major projects to be undertaken under the GRID policy. TSIIC officials said the land is part of 1,800 acres identified for the Integrated Manufacturing Cluster (IMC) for promoting the green MSME sector. TSIIC has already allocated land for MSME Green Industrial Park, Government of India MSME Flat Factory Complex, Food Park and Furniture Park in Dandumalkapur.
“IMC is divided into two plots, approximately 51 acres and 23 acres and the planned built-up areas would be 32 lakh square feet. From this, the government has demanded that the minimum developable area be 50% or 16 lakh square feet. Developers and buyers are expected to provide internal infrastructure such as roads, water, storm sewers, electricity, fire fighting, landscaping and common facilities such as administrative office, center of training and skills development, testing labs, clinics and all other related facilities,” a TSIIC official said.
To ensure development within a given time frame, the government has set a schedule of 18 months, 36 and 60 months for different built-up areas, officials said.
In Kandlakoya, the proposed IT tower will be supported on a built-up area of approximately 22 lakh sqft at an estimated cost of 998 crore based on joint development. While the development project will have around 11 lakh sft of which 1.30 lakh sqft will be for Plug and Play office space and 2.70 lakh sqft for IT and ITES warm shell and the rest 11 lakh sft will be for non computer and ITES such as office, residential, hotel, commercial space and other purposes.