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RR Industries plans Rs.510 crore IT park in Chennai

Friday, 28 Jul 2006
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RR Industries is setting up a 2.2 million sq.ft IT Park 'RR Skyline' in Ambattur Industrial Estate near Chennai with an investment of Rs.510 crore for a period of two years.

The proposed 24 floors IT park coming up over 10 acre plot with a built-up space of 2.2 million sq ft will be for IT and ITES companies.

The park will be financed by equity of Rs.160 crore and debt of Rs.275 crore, while Rs.75 crore will come from deposits.

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