Mindspace Pocharam to be launched on May 26

Mindspace, an IT Park developed and conceptualised by K Raheja Corp in Hyderabad and Mumbai, is now set to be launched in Pocharam, Andhra Pradesh. Chief minister Y S Rajasekhara Reddy will lay the foundation stone on May 26, 2006.

The Mindspace at Pocharam will house offices of various corporates and is expected to create job opportunities for more than a lakh. It will be built in stages and will eventually have a total built-up space of about 6 million sft.

Some of the companies housed in the existing Mindspace include Oracle, IBM, Bank of America, Accenture and Verizon.

C L Raheja, chairman of K Raheja Corp, said in a press release, "Mindspace Mumbai and Hyderabad are world class IT Parks and are contributing significantly to the development of the economy. We are sure that Mindspace Pocharam will take the success of Mindspace a step further and will only augment India's status as an international IT hub."