Ozone Group's Jeevitham -Karnataka's first Pharma Special Economic Zone (SEZ) spread
Jeevitham is a “state-of-the-art” Pharma Special Economic Zone(SEZ) being developed on a sprawling 325 acres, north of Bangalore, Karnataka which will be operational by 2011. This mega pharma hub is expected to house about 40 to 50 industries with an investment of Rs.2,000 crores. The development has multiple options of land sizing for manufacturing units as well as ancillary, warehousing and supporting units strategically located amidst fine landscaping with adequate green cover and modern amenities. This SEZ would offer uninterrupted water, telecom, and broadband connectivity, besides effective effluent treatment and proper accessibility for better facilitation of container movement. Other strategic advantage of Jeevitham is its close connectivity to Bangalore International Airport and the road and rail networks. Jeevitham offers pharma companies housed in this SEZ to work in a hassle free environment with world class facilities. http://www.ozonegroup.com/jeevitham.html
Setting up of an IT/ITES SEZ on 30 acres out of the 40 acres proposed to be developed at Yelahanka Bangalore from both the Government of Karnataka and the Central Government in June 2009.
To start with, the company is looking at developing a 40-acre commercial project in Bangalore. The construction will start in the next 3-4 months, after the monsoons, according to a report published in Finance Express.
“We have got all the approvals from the state authorities. The land belongs to Gulf Oil Corp and will contribute to a built-up area of 8 million sq ft and a saleable area of 5 million sqft. We are also planning for a business hotel, service apartments and retail in that space,” said Ravinder Babbar, COO, HRVL. The company has estimated an investment of about Rs 1,200 crore for this first project. http://abodesindia.wordpress.com/tag/bangalore/
Airport based SEZ at BIAL Airport, Devenahalli, Bangalore
(MRO) maintenance, repair and overhaul of aircrafts, cargo village, healthcare exports and high tech manufacturing would be carried out in the SEZ. Regarding healthcare exports, the Department of Revenue pointed out that only IT enabled services relating to health sector such as medical transcription, etc. may be carried out in the SEZ and no hospital would be allowed to be set up. The Board further noted that the Developer was in possession of the
land. The State Government also recommended the proposal. After detailed deliberations, the Board decided to grant formal approval for setting up of a sector specific Special Economic Zone for Airport based SEZ at BIAL Airport, Devanahalli, Bangalore, Karnataka by Bangalore International Airport Ltd. over an area of 113 hectares. http://sezindia.nic.in/writereaddata...une%202008.pdf
The office precinct of Karle Town Centre consists of over 4 million sq.ft. of IT SEZ space capable of accommodating over 40,000 people will be developed, of which over 2 million has already been gazetted.
Proximity to the workplace is crucial to attract and retain the best minds in technology in Bangalore. This project is easily accessible to more than half of Bangalore’s IT professionals residing in areas such as Rajajinagar, Sadashivnagar, Mahalakshmi Lay-out, Vijayanagar, Kumara Park, Vasanth Nagar and Frazer Town.
*The IT SEZ is developed in an area of about 27.68 acres, consisting of total 7 towers with a total Built Up Area of 4 Million Sft area which can accommodate over 40,000 people . Approval for the Karle IT SEZ was granted in 2006.
*There is a car park for every 50 sq.mt. of built up area and additional space available at the multi-level car parks with space to park around 8000 - 9000 cars.
* The communication system is underpinned with a centralized data management system on fibre optic cable capable of carrying several channels for private telecom carriers. Redundancy has been provided for and built with an eye on the expansion and upgradeability for the future.
*There is a 1.1 KVA supply of electricity for every 100 sq.ft. of leased area with a 100% power backup.
* Specific provisioning has been made for stronger floors in labs – 850 kg./m2 – 1000 Kg./m2 slabs strengthening for 2 bays in each floor. http://www.karletowncentre.com/highlights_IT-SEZ.html
Is a part of large-scale mixed-use development, “Manyata Tech Park” is located in Nagawara North Bangalore, on the Outer Ring Road. Covering over 100 acres, it includes a number of office buildings, IT,ITES, ITSEZ. Manyata is easily accessible from the city centre, North, East and West Bangalore and is in close proximity to the new international airport.
Development of over 8 million sft of space has been committed to companies such as IBM, Fidelity, Philips, Cognizant, etc. The project is joint venture with Embassy group.
Location - Nagavara, Hebbal Ring Road, Bangalore.
MAHINDRA & Mahindra (M&M), the diversified business group, plans to set up a 250 acre special economic zone (SEZ) catering to the aerospace sector near the Bangalore International Airport. According to a state government official, the M&M group has shown interest in setting up the SEZ, which is going to be built under a public private partnership (PPP) model.
Anita Arjundas, CEO, real estate sector, Mahindra & Mahindra said, “Mahindra Lifespaces, the infrastructure and real estate arm of the $7.1 billion Mahindra Group, is in preliminary dialogue with the Karnataka government for developing the aerospace SEZ. The company has strong experience in this kind of industrial development zones being the pioneer in the space with its Mahindra World City at Chennai and Jaipur.”
M&M, which recently forayed into the aviation sector with the acquisition of two companies in Australia to manufacture aircraft, recently opened a new component making facility at Malur on the outskirts of Bangalore.
The Karnataka government has plans of setting up the second SEZ focused on the aviation sector. The first facility has already come up in Belgaum which is an aerospace engineering and manufacturing SEZ by QuEST Global. According to the official, the state government has already identified close to 1,200 acres for setting up aerospace SEZ at Devanahalli and it is estimated that each company would require a minimum of 250 acres to set up their facility.
Besides M&M, other companies have also put in a EoI for the aerospace SEZ but their names could not be ascertained. The Karnataka government during the recently concluded global investors meet (GIM) signed MoUs with a couple of companies who have shown plans of investing in the aerospace sector at the SEZ in Devanahalli.
BEML is planning a Rs 316 crore facility in the designated zone to provide design & manufacturing services in aircraft components, sub-assemblies and MRO activities.
Dynamatic Technologies plans to invest Rs 465 crore to set up aerospace component unit and Starracheckert Machine Tools also plans to invest 127 crore for the same.
The Karnataka government is expecting the aviation sector to be one of the state’s key industries.
The eco-system of public sector units engaged in aircraft manufacturing & development, large number of IT companies and presence of precision equipment manufacturers makes the state an attractive destination for aviation companies. http://epaper.timesofindia.com/Defau...Mode=HTML&GZ=T
What you are showing is peanuts compared to what is already there in Electronicity (or Whitefield) vicinties yet Electronicity real estate prices are going nowhere for the past 3 years! Electronicity houses nearly 50% of the high paying IT, BT jobs (more than 2000000) and Aerport area may take 10 year to reach that, yet why rates are being quoted than e-city? What is the guarantee that gated residential areas won't become like small oasis in the middle of big slums/poorly organized layouts?