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)