Hi-tech group to make a knowledge city in the Bhubaneswar area?

September 18th, 2008

Following is from a report in myiris.

Hi-Tech Group of Institutions has drawn up a plan to develop a 150-acre knowledge city on the outskirts of Bhubaneswar at an estimated investment of Rs 20 billion, reports Business Standard.

The proposed knowledge city, a dream project of the Hi-Tech Group, will be developed in three phases with the entire project scheduled to be commissioned by 2012.

In the first phase, the city-based Hi-Tech Group will pump in Rs 5 billion and the first phase is set to be completed by 2010.

The company said it has identified three to four plots close to Bhubaneswar for their proposed knowledge city. The Hi-Tech Group expects to take possession of land and resume construction work within eighteen months.

There have been several recent news about the Hi-Tech groups plans.  See http://www.orissalinks.com/archives/1496 and http://www.orissalinks.com/archives/1203. I hope they are  all real.

Entry Filed under: Cross-cutting topics