Following is an excerpt from a report in Business Standard. (See also the report in Financial Express.)

Mumbai-based realty major Raheja group will be investing around Rs 3000 1000 crore for the development of the first information technology (IT) park in Orissa.

Alongside, a 50 Mw power plant, cold storage in the public-private-partnership (PPP) mode and a hotel would also be set up by the group. The group also plans to enter the retail space and set up an IT development centre after surveying the potential.

The park would be christened Mindspace cum Techno-campus Park. The group already has such Mindspace cum techno-campus parks in Hyderabad, Mumbai and Ahmedabad.

… As per the presentation, in the first phase an incubation centre on 30-40 acres would be developed. The entire IT park would come up over 100 acres.

The plan envisages development of the park within the next 8-10 months, provided land is made available by the Orissa government in the next couple of months.

Following is from Samaja.