The Punjab government has extended the last date for allotment of industrial plots at Railmajra IT Park for setting up IT, ITeS, Electronics, Knowledge Industry to August 30 from August 16.
Officials in the government revealed that the government aims to attract some prominent players, so it extended the date.
The new upcoming IT Park at Railmajra would be a self-contained IT Park right on the national highway and currently, the government has invited entrepreneurs for allotment of five plots each of 1,000 square yards and 2,000 square yards. Also, areas for commercial activities, multiplex etc. have also been earmarked to cater to the IT industry
The IT Park will particularly benefit SME entrepreneurs and start-up companies with the availability of small sizes of plots. Punjab Infotech will also set up an incubation centre and provide built up space to the start ups.
The IT park has been developed by Punjab Infotech, State’s nodal agency for promotion of IT/ Knowledge industry in the State.
Punjab Infotech will be spending '8 crore for basic infrastructure development and has also tied-up with Rayat Bahra campus adjacent to the IT Park for provision of facilities including transportation, banking, shopping, conference hall etc.
It has also made provision for Service Apartments at the IT Park. IT Units/Parks will have permissible FAR of 300 per cent on gross area of the project.