The approval for the construction of TIDEL Park III has been given by the Tamil Nadu government. Tata Realty and Infrastructure Limited was the lone bidder in a tender called by TIDCO for the construction this IT Park as well as an integrated international convention center. It had bid Rs 1,326.42 crore for leasing 25.27 acres of land near the American International school. It is estimated that the project will cost Rs 3,500 crore for the construction of IT Park and the Convention center as well other commercial space of 4-million sq ft.
Tuesday, September 9, 2008
TATA BUILDS TIDEL PARK III IN CHENNAI
The approval for the construction of TIDEL Park III has been given by the Tamil Nadu government. Tata Realty and Infrastructure Limited was the lone bidder in a tender called by TIDCO for the construction this IT Park as well as an integrated international convention center. It had bid Rs 1,326.42 crore for leasing 25.27 acres of land near the American International school. It is estimated that the project will cost Rs 3,500 crore for the construction of IT Park and the Convention center as well other commercial space of 4-million sq ft.
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