Approval sought for R&D SEZ in Bangalore

Approval has been sought for the development of an R&D SEZ on 1,000 acres of land near Bangalore. The Rs. 700 crore project - "Gandhi City" - has been mooted by a group of people from the IT industry and Private Equity firms.

Gandhi City is planned as a research eco-system where global Pharma, aviation, automobile and technology sector companies can locate their R&D centers. 

The proposal is the first for an R&D focused SEZ and is to be considered by the Board of Approvals soon.


By INRnews Correspondent

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Comments

Does anyone have any idea of where this "Gandhi City" is coming up?

Apparently the site being considered is in Ramanagara, outside Bangalore.

news required for real estate around the city, land is reqired for industries, domestic, housing, import and export etc

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