Chennai Tech Park

One Indiabulls Park is a 17-storied building at the Ambattur industrial estate in Chennai, India. It is the first skyscraper built in the neighborhood of Ambattur and is built on a land measuring 10 acres. It has a total built-up space of 2.4 million sq ft and is built at a cost of 3,750 million.[2]

One Indiabulls Park
One Indiabulls Park
General information
TypeOffice
Architectural styleModernism
LocationAmbattur, Chennai, India
AddressAmbattur Industrial Estate, Chennai
Construction started2006 (2006)
Completed2010 (2010)
Cost 3,750 million
Technical details
Floor count17
Floor area2,400,000 sq ft (223,000 m2)
Design and construction
ArchitectZaha Hadid (United Kingdom) and Cheralathan Associates, Chennai, India[1]
DeveloperIndia Land and Properties (Americorp Group)
Structural engineerBuro Engineers (I) Private LTD., INDIA[1]
Main contractorShapoorji Pallonji[2]

History

The building was constructed by India Land and Properties, a part of Americorp, and was designed specially to cater to IT and ITeS companies.[2] In November 2014, Indiabulls Distribution Services Ltd, a subsidiary of Indiabulls Securities Ltd bought the complex for 600 crore and renamed the building as "One Indiabulls Park." [3]

Design and structure

The building has 3 towers each with 16 floors, including four levels in the basement for car parking, with a total constructed area of 2.4 million sq ft and leasable area of 2 million sq ft.[3] The total office area of 2 million sq ft is divided between the three towers—Tower A (420,000 sq ft), Tower B (630,000 sq ft), and Tower C (950,000 sq ft). The total cost of the building was 4,500 million. The balance space in the building is used for parking, retail and landscaping infrastructure.[4][2]

Tenants

Current tenants of the complex include Royal Bank of Scotland (RBS) (which occupies 420,000 sq ft,[5] leasing out Tower A). Hinduja Global Solutions Limited, Kone, Access Healthcare Services, Britannia Industries, Ajuba, BankBazaar, MSC-Technology, Singapore's Bean Balls, Germany's Modisch, and Etisalat (50,000 sq ft[6]) occupies tower B.[4] The Back Office of Yes Bank occupies 4 floors of Tower C.

See also

References

  1. "India Land to invest Rs. 375 cr in Chennai IT park". The Hindu. Chennai. 28 September 2006. Retrieved 9 December 2014.
  2. "India Land launches Tech Park project". The Hindu. Chennai. 28 September 2006. Retrieved 9 December 2014.
  3. "Another boost for Chennai realty: Indiabulls buys 10-acre commercial building for Rs 600 cr". FirstBiz. 20 November 2014. Retrieved 9 December 2014.
  4. Venkatraman, Hemamalini; V Balasubramanian (27 October 2009). "India Land's flagship IT project seeks to alter Ambattur facade". The Economic Times. Chennai: The Times Group. Retrieved 17 December 2014.
  5. Chandramouli, Rajesh (13 July 2009). "Real estate rising out of downturn". The Times of India. Chennai: The Times Group. Retrieved 17 December 2014.
  6. Ramesh, Niranjana (24 June 2009). "Etisalat enters India, sets up back office at Ambattur in North Chennai". The Economic Times. Chennai: The Times Group. Retrieved 17 December 2014.
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