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Huge response to IT plot ad


By Rajesh Kumar, Section Real Estate
Posted on Fri Apr 01, 2005 at 11:33:30 PM EST

KOLKATA: A recent Webel advertisement inviting applications for plots at Rajarhat has received over 100 responses from small and medium IT companies.

More interestingly, the total land sought by the applicants adds up to nearly 150 acre. This is five times more than what was being1 offered through the advertisement.

Thursday was the last date for submitting applications. In February, the IT department said 30 acre of land would be reserved at New Town exclusively for use by the smaller tech firms. Sixtyfour plots, measuring one acre, 0.5 acre and 0.25 acre each, would be demarcated for this purpose, it had then said.

"With IT in an upswing here, the response is not at all surprising when one considers that Salt Lake's Sector V is practically saturated," a senior official said.

IT minister Manab Mukherjee said the state would not delay handing over land to the successful applicants. "Special secretary (IT) Ravi Kant, who will be temporarily functioning as Webel MD, will soon start processing the applications so that no time is wasted," Mukherjee said.

Sources said it was vitally important that the state came up with ways to make more land available to IT companies at Rajarhat so that infrastructure hurdles did not derail Bengal's ambition of emerging as a tech hotspot.

"I am sure that you trying hard to see that the actual situation on the ground becomes even more conducive for the growth of the industry," Nasscom president Kiran Karnik said in a recent email to the IT department.

The state has decided to establish a `knowledge corridor'at Rajarhat and reserve 120 acre for this purpose in the first phase in order to meet its aspirations of becoming a force to reckon with in the IT arena.

Exports from the city's software technology park jumped to Rs 1,360 crore in April-December 2004. Exports from this facility stood at Rs 1,211 crore in 2003-04.

The IT department is hopeful that 2005-06 would prove a much better year, with all companies on an expansion mode. Growth is also expected to be boosted by Satyam Computer Services starting operations here later this year.

http://timesofindia.indiatimes.com/articleshow/msid-1067371,curpg-2.cms

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