CapitaLand to Invest ₹450 Cr for IT Park
The New Indian Express Tadepalligudem
|January 20, 2025
Says 25 MW IT load data centre in Hyderabad is on track to become operational by mid-2025
CAPITALAND Group, a leading global real estate investment and development company headquartered and listed in Singapore, has announced an investment of ₹450 crore to develop a state-of-the-art 1 million sq.ft IT park in Hyderabad, Telangana.
The announcement followed a high-level meeting in Singapore with a delegation led by Chief Minister A Revanth Reddy.
According to the Chief Minister's Office, the project is part of CapitalLand's border development pipeline aimed at strengthening Hyderabad's growth as a business hub.
The upcoming IT park will cater to the growing demand from Global Capability Centres (GCCs) and blue-chip companies seeking premium facilities.
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