Ascendas India Trust to buy Hyderabad office building for ₹506 crore
The International Tech Park Bangalore in Bengaluru’s Whitefield area is one of the IT parks set up by Ascendas-Singbridge.
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BENGALURU: Singapore’s Ascendas India Trust (a-iTrust) on Tuesday said it has entered into a definitive agreement to acquire aVance 6, an IT special economic zone (SEZ) building in Hyderabad’s HITEC City.
a-iTrust is buying the commercial office asset of 639,495 sq ft from real estate firm Phoenix IT Infrastructure India Pvt Ltd. Around 98.3% of aVance 6 is leased to Amazon Development Center (India) Pvt Ltd.
Synopsis
Whitefield, Bengaluru, an IT and business park hub, offers good connectivity, infrastructure and has a number of popular malls.
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This week ET Wealth realty hot spot series takes a look at the major IT and business park hub of Whitefield in Bengaluru. This renowned IT hub of Bengaluru comprises of Whitefield, Varthur, ITPL, Hoodi, Kadugodi and Kundalahalli. The area has good connectivity through the major road networks of Whitefield Main Road, ORR and Old Madras Road.
Besides popular malls including Inorbit Mall, The Forum Neighbourhood Mall and Ascendas Park Square Mall, it has renowned hospitals including Columbia Asia Hospital and Narayana Multispeciality Hospital. The price range of properties in the area is between Rs 3,700 per square feet and 8,300 per square feet. The average price of 1 BHK, 2 BHK, 3 BHK and above 3 BHK is Rs 36 lakh, Rs 65 lakh, Rs 1.02 crore and Rs 2.06 crore, respectively.
Deeper democracy in Kazakhstan will strengthen bond with India: Envoy
Wed, Jan 13 2021 16:51 IST |
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Deeper democracy in Kazakhstan will strengthen bond with India: Envoy (IANS Special) Image Source: IANS News
Kazakhstan is India s biggest economic partner in Central Asia and a crucial strategic partner. In an interview with IANS, Kazakhstan s Ambassador to India, Yerlan Alimbayev, explains the significance of the recently-held parliamentary elections and Image Source: IANS News
Deeper democracy in Kazakhstan will strengthen bond with India: Envoy (IANS Special) Image Source: IANS News
Deeper democracy in Kazakhstan will strengthen bond with India: Envoy (IANS Special) Image Source: IANS News
Deeper democracy in Kazakhstan will strengthen bond with India: Envoy (IANS Special)
Deeper democracy in Kazakhstan will strengthen bond with India: Envoy (IANS Special)
Here are the excerpts:
Q: There was a lot of attention on Kazakhstan s parliamentary elections. How were the national polls in Kazakhstan different this time?
A: On 10th of January 2021 we ve held parliamentary elections to the Majilis (Lower house of the Parliament). These elections were pretty vanguard not only for Kazakhstan but, I would say, the entire Commonwealth of Independent States region. First of all, the Parliamentary elections were held in the era of global COVID-19 pandemic. Despite that, the whole election process took place in line with public safety measures, such as mask wearing, social distancing, protective personal equipment etc.
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