Acre Navi Mumbai Tender

Scope To develop 47-acre Navi Mumbai commercial project in Ghansoli Navi Mumbai MaharashtraTata Sons real estate development subsidiary Tata Realty and Infrastructure Ltd TRIL is planning to invest over Rs 5000 crore to undertake development of a 47.1-acre integrated commercial project its largest ever such development in Navi Mumbais Ghansoli locality.The company counts leading global institutional investor Actis as its key equity partner for this project.The project to be known as Intellion Park will also mark the Tata Group companys foray into development of data centers. With total leasable development potential of 7 million sq ft the project will include an information technology IT park data center commercial offices and high-street retail properties.The entire project will be developed in 3-4 phases over the next 7 years and the work on the first phase with an IT park spread over 0.5 million sq ft will commence immediately.Other Owner ActisFirst Floor TCG Financial Centre Plot no. C-53 G - Block Bandra Kurla Complex Bandra East Mumbai-98IndiaTelephone 91 22 6146 7900Fax 91 22 2423 1549Email info@act.isWebsite httpswww.act.is