| Yogesh Verma, chief executive""-DLF Info City Developers (Kolkata) said that the company entered Kolkata with the IT park project and was looking at other growth opportunities in the city. Verma said, the company had communicated its interest in the township project to the state government. |
| According to the preliminary blueprint, the township would be spread over 100 acres of land. Housing Infrastructure Development Corporation (HIDCO) had asked for an expression of interest, said Verma. The project would be a combination of commercial, residential and recreational complex. |
| Typically, to develop 100 acres of land the investment required was in the region of Rs 1,000 crore. However, the investment could stretch depending on the nature of residential apartments. |
| If the project materialised, it would be DLF's second project in Kolkata, the first being IT park at Rajarahat. DLF today, commenced construction of the largest integrated information technology hub in eastern India, spread over 1.3 million square feet. |
| Verma said, the Rs 280 crore project would be completed in 24 months' time. Around 300,000 square feet would be functional by April, next year for an IT major. |
| The IT park could house 10,000 professional across 30 companies. Designed by Hafeez Contractor, DLF IT Park would be an integral IT complex and a city by itself. |
| Verma said, Kolkata was emerging as an attractive destination for outsourcing back-end operations of MNCs, business operations in the booming BPO/ITES sectors as well as call centres. |
| Located at Rajarhat in New Town close to National Highway 34, the complex would comprise three towers and a landscaped garden in the heart of the plot. The IT park was also close to the airport. |
| Verma said, DLF Universal had a number of projects under its belt and was set to complete over five million sqaure feet of commercial space by 2004. |
| Another three million sqaure feet was under development and would be operational by mid-2005. |
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