Nirlon is planning to develop phase 5 of its IT park Nirlon Knowledge Park in Goregaon, Mumbai.
The company has also decided to avail additional borrowing up to Rs 500 crore from HDFC for the proposed Phase 5 development of Nirlon Knowledge Park.
In 2006, the company decided to utilize its land parcel in Goregaon to develop this IT park on 23 acre prime land.