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One of
our more recent initiatives is in developing Special
Economic Zones (SEZs). Being designated an SEZ provides
tremendous tax benefits to the companies located in
them, as well as input cost benefits for extended periods
of time. The tax breaks available under the SEZ scheme
include Service Tax waiver, VAT waiver and Income Tax
Exemption to name a few.
For more details on SEZs and
their benefits, please click
here.
A large-scale mixed-use development,
Manyata Embassy Business Park is located in northeast
Bangalore, on the Outer Ring Road. Covering over 300
acres, it includes a number of office buildings, commercial
space, residential, recreational as well as a hotel.
Since early 2005, over 7.7 million sft
of space has been completed, with companies such as IBM,
Fidelity, Philips and Cognizant as tenants.
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| Details |
| Completed: |
7,775,286 sft
(started in 2005, completed in 2010) |
| Ongoing: |
9,434,228 sft
(started in 2009) |
| Amenities: |
Amenities offered
within the business park include a day-care centre,
fitness facilities, serviced apartments, hotel residences,
a food court and retail outlets. |
| Location Advantage: |
Located on the Outer Ring Road,
Manyata is easily accessible from the city centre,
North, East and West Bangalore and is in close proximity
to the new international airport |
| Master Plan: |
Please click
here to see the master plan. |
| Tenant List: |
ANZ,
Fidelity Investments,
IBM,
IBM Daksh,
Alcatel-Lucent,
NVIDIA,
Philips,
Target.
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| Location Map: |
Please click
here to download the map |
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