Lanco Hills given Rs 50 cr for building tower at Hyderabad
Lanco Hills Technology Park, a subsidiary of Lanco Infratech, has entered into an agreement with Sembawang Infrastructure India, for execution of structural work of tower 9 for their prestigious SEZ IT Park at Hyderabad valued at Rs 50 crore.
By INDIATIMES NEWS NETWORK |
MUMBAI: Lanco Hills Technology Park, a subsidiary of Lanco Infratech, has entered into an agreement with Sembawang Infrastructure India, for execution of structural work of tower 9 for their prestigious SEZ IT Park at Hyderabad valued at Rs 50 crore. The project includes building of IT Park, residential towers, mall, multiplex, hotels, recreation and many futuristic amenities on 108 acre land
Sembawang Infrastructure India is subsidiary of Sembawang Engineering and Construction, Singapore one of South East Asia's leading EPC / Design and Build Contractors. It has major ongoing projects in India, China, Indonesia, Singapore and the Middle East.
Lanco group has headquarter in Hyderabad, with interests in property development, power, infrastructure and construction with mega projects across India.
"We are developing 8 Million sq.ft of office space in our IT Park spread over 12 towers of SEZ and Non SEZ areas. Out of this the first Non SEZ Tower with 4 lakhs sq.ft is already under construction and is expected to be ready in an year. The first SEZ Tower with 30 floors will have 9 lakh sq.ft of office space and the work order has been given to Sembawang. We expect the work to start in a month's time, "said Pochendar, CEO of Lanco Hills.
Sembawang Infrastructure India is subsidiary of Sembawang Engineering and Construction, Singapore one of South East Asia's leading EPC / Design and Build Contractors. It has major ongoing projects in India, China, Indonesia, Singapore and the Middle East.
Lanco group has headquarter in Hyderabad, with interests in property development, power, infrastructure and construction with mega projects across India.
"We are developing 8 Million sq.ft of office space in our IT Park spread over 12 towers of SEZ and Non SEZ areas. Out of this the first Non SEZ Tower with 4 lakhs sq.ft is already under construction and is expected to be ready in an year. The first SEZ Tower with 30 floors will have 9 lakh sq.ft of office space and the work order has been given to Sembawang. We expect the work to start in a month's time, "said Pochendar, CEO of Lanco Hills.
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