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Reliance plans Rs.1,000 crore headquarters in Navi Mumbai

Tuesday, 06 Feb 2007
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Reliance Industries is planning to set up largest headquarters for an Indian corporation at the NOCIL Complex in Rabale, Navi Mumbai. The project will entail an investment of around Rs.1,000 crore.

This being the second headquarter, will comprise a 29 storey tower (Rs.470 crore), and a corporate park that will cost about Rs.700 crore. The corporate park will include six office blocks, a shopping and convention centre, and other facilities. The complex will not, however, house the group's cutting-edge New Age venture, Reliance Life Sciences, which will continue in an adjacent complex. The first headquarter is at Maker IV, Nariman Point. Leighton Holdings, Australia has bagged the contract for the projects through its arm, Leighton Asia.

Work on corporate park and tower is scheduled for completion by February 2008 and November 2008 respectively.

Also See:

Reliance gets land allotment for SEZ (09-Nov-06)

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