Hyderabad-based Gulf Oil Corporation,
a Hinduja group company, has received approval from the Karnataka Udyog Mitra to
develop a mixed use information technology park at Yellahanka in Karnataka.
The proposed IT park, situated 7 km
from the new Bangalore International Airport, on the Bangalore-Hyderabad
National Highway (NH-7) and to be spread over 40 acre plot will have hotel/
services apartments, retail space, multiplexes and other facilities.
The approved master plan, prepared by
the Indian arm of Singaporean architects - RSP Architect Planners & Engineers -
is for a total area of 5 million sq.ft. The park will be jointly developed by
the company and Aasia Properties Development (APDL), which is the Hinduja
group's property arm.