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‘Ecopolis’ mixed-use commercial project to come up in Bengaluru

Friday, 31 May 2019
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‘Ecopolis’, a mixed-use commercial project, is a joint development project of the GOCL Corporation with Hinduja Realty Ventures. The project is located in the growth corridor of Bengaluru, North Bengaluru, Karnataka.

 

The 38.15 acre techpark comprises SEZ and commercial office space, which will be constructed in phases. One floor with 73,465 sq ft of space has been occupied in building no 3 since October 2018. A further lease for 30,452 sq ft has been finalised.

The construction on Phase-II, office building ‘e2’ is a green building which is certified LEED Gold-rated with constructed area of 10.60 lakh sq ft and leasable area of over 7.34 lakh sq ft. ‘e2’ is nearing completion and will be ready for fit-outs shortly.

The construction work for 66/11 kV electric sub-station for the park has commenced and proposed to be completed by end-2019. The contracts for setting up a cafeteria, coffee corner and ATM within the campus has also been finalised.

The IT Park in North Bengaluru as well as a large commercial project in Yelahanka/Hebbal block bodes well for the micro market in Yelahanaka. The company is also developing Integrated Township Project at Kukatpally at Hyderabad, Telangana.

The company is awaiting approval for master plans and Phase-I plan. The company had invested through its wholly-owned subsidiary HGHL, in UK, in Houghton International. It had also announced that Houghton International was being merged with Quaker Chemical Corporation. The merger process is in the last phase of statutory approvals.

 
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