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Redhawk to launch real estate parks

ENS Economic Bureau

Bangalore, Nov 30: Redhawk Investments Group has announced the launch of 'Vlshadh Park', a domain specific real estate park for financial services in India.

The company will be cater-ing to the needs of financial. services companies to develop a presence in India to cater to local markets and develop

global back offices. The parks, which will be set up in Bangalore, Hyderabad, and Noida, are expected to attract financial services com-panies from the US, Europe and Asia Pacific that are look-

ing to enter India.

The 500-acre park will accommodate the work force of financial services companies and local employees who support the city infrastructure including homes, offices, commercial, retail, and healthcare facilities. The company's vision is to ensure less than 20 minutes of travel for common utilities to boost productivity among employees.

The company expects tospend about US$ 1.2 billion on each park over a period of 10 years. It will house over 1.1 million sq. ft. of commercial property and 26 million sq. ft. of residential area. Work is expected to begin in early 2007.



	Redhawk to launch real estate parks

	ENS Economic Bureau Bangalore, Nov 30: Redhawk Investments Group has announced the launch of 'Vlshadh Park', a domain specific real estate park for financial services in India. The company will be cater-ing to the needs of financial. services companies to develop a presence in India to cater to local markets and develop global back offices. The parks, which will be set up in Bangalore, Hyderabad, and Noida, are expected to attract financial services com-panies from the US, Europe and Asia Pacific that are look-	ing to enter India. The 500-acre park will accommodate the work force of financial services companies and local employees who support the city infrastructure including homes, offices, commercial, retail, and healthcare facilities. The company's vision is to ensure less than 20 minutes of travel for common utilities to boost productivity among employees. The company expects tospend about US$ 1.2 billion on each park over a period of 10 years. It will house over 1.1 million sq. ft. of commercial property and 26 million sq. ft. of residential area. Work is expected to begin in early 2007.