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Tuesday, June 23, 2009

IT SEZ Parks: 23/06/09

SLOW WORK EARNS IT FIRMS UT NOTICES
Deepak Yadav, Chandigarh
The Times of India

Land acquisition and estate offices of the UT administration have issued notice to 11 companies, which have invested in the Rajiv Gandhi Chandigarh Technology Park (RGCTP), for non-execution of occupancy deeds or not constructing their buildings on time.

A UT administration surprise check on RGCTP premises a few weeks back had revealed that Micro-Tech International, Amadeus India, BEPO Technologies, Alchemist, FCS Software, Virsa Systems, IDS Infotech, Wipro, Net Smart, Karin Informatics and Net Solutions were in violation of set norms.

“It is mandatory for all companies to construct their buildings and seek occupancy certificates from authorities within three years of allotment of space. We will act further after these companies reply,” a senior UT official said.

A few days back, UT administration’s estate office had served a notice to the construction company — DLF — for giving land allotted to it to a private university as non-IT concerns are not allowed to have their offices on RGCTP premises. That notice was issued following the recommendation by UT administration’s finance wing.

 



 
Disclaimer This Blog aggregates the news from various sources related to IT Industry, SEZ and Commercial Real Estate. All the sources are duly credited.