📋 Tender Overview
Scope : To develop a 14-acre Grade A offices project in Hyderabad, Telangana
Realty firm Ramky Estates & Farms Ltd has tied up with Genpact to develop a 14-acre project in Hyderabad.
Property consultant JLL India facilitated the deal.
Genpact and Ramky Estates & Farms Limited (REFL) will develop 14.37 acres of land situated at Uppal, Hyderabad. The land parcel owned by IT major Genpact is situated next to their campus in Uppal. Hyderabad-based REFL will develop Grade A offices for Genpact.
Ramky Estates will build 20 lakh square feet of IT/ITES office space and 9 lakh square feet of residential space over five years in this project.
With the help of the GRID policy (Growth in Dispersion) and increase in connectivity through the Metro and the upcoming SRDP (Strategic Road Development Planning), and other initiatives taken by the Government, there will be a spurt in diversified growth across the IT sector.
