Land available at Technopark III phase and Technocity Projects

TechnoparkToday.com (Aug, 2013) >>TECHNOPARK is in the process of developing Phase-III in 92 acres of land located adjacent to Technopark Phase-I.

The land is given on lease to reputed companies of standing for constructing buildings and leasing and for other supporting commercial activities in 90 years lease. Companies and Consortiums who have experience and expertise in the area of infrastructure development may apply in the format. The details of the initial lease down payment is given below.Technopark Phase-III – Initial Lease down payment per acre of land on 90 year lease

Land Value details

Sl No	Project	Category	Land value per acre	Rates  Applicable
1	Phase-III	IT/ITeS	Rs.180.51 lakhs	Till 31st March,2013
2		Commercial	Rs.234.67 lakhs
3	Technocity	IT/ITeS	Rs.183.33 lakhs
4		Commercial	Rs.238.32 lakhs

 

Sl No	Project	Category	Land value per acre	Rates Applicable
1	Phase-III	IT/ITeS	Rs.207.59 lakhs	From 01.04.2013 To 31.03.2014
2		Commercial	Rs.269.87 lakhs
3	Technocity	IT/ITeS	Rs.210,83 lakhs
4		Commercial	Rs.274.07 lakhs

In addition, the companies will have to pay the annual lease rent of Rs.25,000 per acre and annual campus maintenance charge of Rs. 1.5 lakhs per acre per annum.

Download the Land Request Form