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IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Bangalore > Infosys starts Sarjapur SEZ Groundwork?
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Old June 3 2012, 09:43 PM   #1
 
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Default Infosys starts Sarjapur SEZ Groundwork?

Hi Guys,

I am being told that Infosys has started ground excavation/land leveling works in Sarjapur/Billapur area in Sarjapur-Attibele road for the first phase of the SEZ. Could anyone that is local in Bangalore and has traveled by the road in the past week confirm this news?

 
Old June 4 2012, 05:58 PM   #2
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I was there in that area yesterday and I didn't see any activity.
 
Old June 4 2012, 06:28 PM   #3
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There is a boundary wall around the site. Cannot see what's going on inside. I am planning to visit that place on Saturday.

I have an update for you regarding the Infosys land. In the 2012 filing, they have acquired a further 16 acres, raising their owned land from 258 acres to 274 acres.

http://www.infosys.com/investors/rep...rm20F-2012.pdf
 
Old June 5 2012, 03:41 PM   #4
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Quote:
Originally Posted by awinrao View Post
Hi Guys,

I am being told that Infosys has started ground excavation/land leveling works in Sarjapur/Billapur area in Sarjapur-Attibele road for the first phase of the SEZ. Could anyone that is local in Bangalore and has traveled by the road in the past week confirm this news?
Who told you about this ???
 
Old June 5 2012, 10:40 PM   #5
 
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Hi Sniper,

One of the guys in our investment group who works in Bangalore told that. It seems he saw some ground leveling works while driving from Attibele side to Sarjapur.

Regards,
Ashwin
 
Old June 10 2012, 06:04 PM   #6
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Can you post your observation wrt construction activity in sarjapur Infosys site?

Thanks!
 
Old June 11 2012, 07:19 PM   #7
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Don;t know about infosys
But sabic reasearch and technology is already doing its interior work to start off
These guys have a contract with the company for doing some electrification works:
Micron Electricals
 
Old June 11 2012, 07:40 PM   #8
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Quote:
Originally Posted by sniper2k7 View Post
Don;t know about infosys
But sabic reasearch and technology is already doing its interior work to start off
These guys have a contract with the company for doing some electrification works:
Micron Electricals
I visited the place today. Spoke to the watchman at the infosys site. He said no activity is going on now at the site. Sobha, who is the contractor for infosys has completed compounding the site completely.

I had visited Sabic earlier. Construction happening in full swing over there. The Shriram Smrithi marketing guy said 10 people associated with Sabic had made a booking in Shriram which is around 4 kms from Sabic.
 
Old June 13 2012, 10:42 AM   #9
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I visited the place last friday, never saw any development started yet. However its fixed that it will be started soon as the wall has already been put there. Along with Infy, Azim Premji University will add some more value. Buying property in that place in between 1200 and 1600 wont be a bad deal at all. Surely will be a good steal place after 5-6 years.
 
Old June 13 2012, 10:57 AM   #10
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hi Rajib,

Which are the projects to look out in this area? any pointers and guidelines will be helpful.

Quote:
Originally Posted by Rajibroy View Post
I visited the place last friday, never saw any development started yet. However its fixed that it will be started soon as the wall has already been put there. Along with Infy, Azim Premji University will add some more value. Buying property in that place in between 1200 and 1600 wont be a bad deal at all. Surely will be a good steal place after 5-6 years.
 
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