Tata Realty Infrastructure Ltd (TRIL) is set to launch a high end residential
project in Chennai.
The complex will have about 180-200 apartments in sizes ranging between 2,000
and 3,000 sq ft. The smallest unit in the complex is likely to cost Rs 2.6 crore
and the largest unit to cost Rs 3.9 crore.
The apartment complex is expected to come up in the non-processing zone of
the Rs 3,000-crore IT/ITeS SEZ being jointly developed by TRIL, TIDCO and Indian
Hotels. The non-processing zone is expected to have a state-of-the-art 1,500
seater convention centre and a hotel with about 100 rooms, besides 2.5 lakh sq
ft of retail space.
The SEZ, coming up over 25.27 acre is likely to offer 3 million sq ft of IT
space. Work has already begun and phase I would be operational by the last
quarter of 2010.
Also See:
Work commences
on Tata’s IT SEZ in Chennai (18-Apr-09)