Technology Park IMT Manesar, Gurgaon, Haryana
- DARSONS & KISSONS iValley |
Haryana
State Industrial Development Corporation State Government of Haryana
Undertaking is endeavouring to promote a campus of 140 acres as
a Special Economic Zone (SEZ Proposed) for Technology Parks in
the Industrial Technology Parks & Industrial Model Township
of Manesar, Gurgaon. Now a business hub of IT Go's and Multinationals
& also IMT Manesar joint with Gurugaon (Grugaon Master Plan
2021) the draft of integrated Master Plan 2021 for Manesar-Grugaon
was finally published on July 11 in Times Of India.
A
10 Acres plot allotted to Vigneshwara Developers Private Limited
in the campus promoted by the Haryana Industrial Development Corporation
for setting up of a Technology park for
|
 |
- IT/
ITeS, Robotics ,Nano Technology, Chip Manufacturing , Call Centres
-
Bio- Technology including Genetics ..research & Development
facilities
Located
30Minutes drive from Delhi Airport and ISKms from the Gurgaon
City Center. Close to 10 Lacs Sq.Fts of office , production Commercial
and retail space, also a Residential tower of serviced apartments.
Operational By
The building would be ready for parallel client fit-out by October
2008. The occupancy is targeted by December 2008.
HSIDC is promoting the campus on the concept of Work,
Live, Shop and Play
Some of the other highlights of HSIDC Technology park, Manesar
are as follows:-
|
Total
area
No. of Allottee
Plot No. of Vigneshwara
Other Allottees |
:
:
:
: |
140
Acres
14 of 10 acres each
2 |
| |
|
- HCL
Limited,
- Anant
Raj Industries Limited
- Bharti
(Airtel) Limited
- Agilent
(MNC - US Based)
- Galileo
( MNC - US Based)
- Shapoorji
Pallonji (30000
Crs. Group)
- Softek
(MNC- Vienna)
- T-3
Infrastructures etc..
|
The
developer has tax exempt-profits on development of teh IT park and
thereafter the rental income he recelves from the occupier for 15
years!
IT companies like Infosys, TCS, simply because the date is rehable
and these comapnies operate with exceptional corporate governance.A
general assumption, that an employee occupies an average 100sq ft.
The tax break works out to Rs. 1,690 per sq foot per annum or Rs.
140 PSF per month (i.e. 33.6% corporate tax includeing surcharge
on the average PBT Rs. 5,000 per sq ft.)the average IT park rental
in the country of around Rs 35 PSF. per month even if a company
pays Rs 100 per sq ft in an SEZ building it would still be more
profitable than another paying Rs, 35 from a non- SEZ building.
Since large IT companies like Infosys get the SEZ status for their
campus they will not be affected. present STP policy benefits and
would also be on the last priority of SEZ developers to rent out
space. So in a 50 acre. SEZ the non-processing area which is 60%
of the space for other uses is also tax free!
The government is now thinking of limiting the number of SEZ to
about 150 odd i.e. those who stood first in the queue!The simpler
solution is to extend the STP so far as IT parks are concerned and
keep a level. |
Haryana
State Industrial Development Corporation, State Government of
Haryana Undertaking is endeavoring to promote a campus of 150
acres as a Special Economic Zone (SEZ) for Technology Parks in
the Industrial Model Township of Manesar. Gurgaon which is now
a business hub of IT Co's and Multinationals.
Nine
SEZs have already been approved in principle by the Central Government.
Out of these, eight SEZs would be in the private sector and one
SEZ is being set up by the HSIDC over an area of about 3000 acres.
Located
30 mins drive from Delhi Airport and 18 kms from the Gurgaon City
Center. Close to 1 million sq. ft. of office, production, commercial
and retail space. Also a Residential Tower of Services apartments.
|
| Facilities
and Incentives |
-
Being
developed as 'Ready to use built-up space'.
-
Income
Tax exemption to Companies manufacturing / rendering services
under section 10-A of IT Act.
-
Income
Tax exception to Investors, individuals under section 10 (23)
G & 88 of Income Tax Act.
-
Exemption
from Service Tax.
-
Manufacturing,
Trading or Service activity allowed. Foreign investment permitted.
-
Designated
duty free enclave and to be treated as foreign territory for
trade operations and duties and tariffs.
-
No
import license required.
-
Duty
Free imports of Capital goods - New of Second.
-
No
separate documentation required for Customs and Exim policy,
in house Customs clearance.
-
Full
freedom for subcontracting in Domestic Area or even abroad.
No fixed wastage norms.
- Support
services like Banking, Post office, Clearing agents, etc. provided
within the complex
|
| Operational
by |
The
building would be ready for parallel client fit-out by October
2008. The occupancy is targeted by December 2008.
HSIDC
is promoting the campus on the concept of Work, Live,
Shop and Play.
| Total
Area |
140
Acres |
| Plot
no. of Vigneshwara |
2 |
| Launch |
in
month of June 2006 |
| Transfer |
1st
Tranfer free |
| Expected
Possession |
October
2008 |
|
| Contact
Details |
| Ajay
Aggarwal
Jai Shree Real Estate & Developers
Property Consultants
Spl. in: Ansals, TDI, Omaxe, Parsvnath
Mob: 9312218708, 9868211311
Ph: 27017394, 27017399 |