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Banks loan for Technopark III

Friday, 12 Mar 2010
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A consortium of South Indian Bank, Indian Bank, Catholic Syrian Bank (CSB), and Federal Bank has extended a loan of Rs 220 crore for Phase III development of the Technopark near Thiruvananthapuram in Kerala.

The third phase is being developed over 92 acre and will house an IT building with a total built-up area of one million sq ft. Other facilities like 110 kV sub-station, and water supply system are already in place while work on land development, internal roads, sewage treatment plant and canal embankment is underway.

Also See:

Land acquisition for Technopark completed (09-Feb-10)

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