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February 1, 2007

Major real estate developers bid for 106 acre Bangalore biotech park project

Filed under: News — admin @ 6:18 am

Bangalore, India, February 2007 - The Karnataka government has succeeded in attracting interest from many large real estate developers for the 106 acre, Rs.350 crore biotech park project in Bangalore. The proposed “Helix” park located in Electronics City Phase 3 on the Hosur Road aims to attract biotech companies, including startups, by providing infrastructure such as office space and educational and research facilities within the vicinity.
Requests for Proposals have been issued to 16 companies including DLF, Gammon Infrastructure, IVRCL Infrastructure, L&T, Punj Lloyd and Mahindra Gesco amongst others. The government plans to issue a work order by April.

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