Real Estate Latest News India: Reflecting the hunger for quality IT space in the city, Indiabulls has gained India Land Tech Park in Ambattur for Rs 600 crore. The recreation center will be renamed as One Indiabulls Park.
The 2.4 million sq ft IT stop with a leasable region of 2 million sq ft and 10 sections of land of area has gone at a preservationist Rs 3,000 for every sq ft. Considering the present development expense of IT stops in the city, the purchaser has got the area essentially free, said a realty specialist.
Gagan Banga-advanced Indiabulls Securities’ backup, Indiabulls Distribution Services Limited has obtained the IT stop, the organization educated stock trades.