Tata Realty and Infrastructure Limited
Tata Realty and Infrastructure Limited plans to develop a premium IT park project in Navi Mumbai. The investment in this project will be to the tune of Rs 5000 crore. The company expects demand for office and data centre spaces to grow in the coming years in India. The real estate company plans to develop 7 million square feet of area in this Grade-A IT park project named ‘Intellion Park’ in a phased manner over the next eight years. Intellion Park will come up on 47.1 acre of land located in Ghansoli, Navi Mumbai. The project will be developed in partnership with UK-based investment firm Actis.
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Note: The above-mentioned project news is taken from ProjectX India | 1st January 2022 edition. Click here to buy this issue.