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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