Magarpatta Township Development and Construction Company Ltd plans to establish India's largest software technology park - Cyber City Magarpatta - near Pune, with an investment of Rs.600-800 crore.

The cybercity, to be spread over an area of 60-80 acres, is 15-20 per cent of the Magarpatta city project, spread over 400 acres and being developed at a total cost of Rs.2,000-2,500 crore.

The cybercity is located on the eastern side of Pune on the Pune-Solapur Road. The project would be commissioned in four phases, with each phase offering around one million square feet of office space. The first phase is likely to be completed by 2002 and the last phase, by 2008-09.

The company has entered into strategic alliances with global entities such as Compaq, Microsoft, Avaya (formerly Lucent), 3Com, Nortel, IBM, AMP, Cisco, Oracle and Computer Associates to provide the complete information technology (IT) infrastructure to the cybercity.

The cybercity would comprise high-rise buildings for IT-intensive business. It would have access to recreational facilities such as swimming pool, health club, restaurants, club house and tennis courts. The city would have uninterrupted power supply from Maharashtra State Electricity Board, while Videsh Sanchar Nigam Ltd and other ISPs would provide satellite and terrestrial links of 64 kbps channels.