Chennai Tech Park

One Indiabulls Park

One Indiabulls Park
General information
Type Office
Architectural style Modernism
Location Ambattur, Chennai, India
Address Ambattur Industrial Estate, Chennai
Construction started 2006 (2006)
Completed 2010 (2010)
Cost ₹ 3,750 million
Technical details
Floor count 17
Floor area 2,400,000 sq ft (223,000 m2)
Design and construction
Architect Zaha Hadid (United Kingdom) and Cheralathan Associates, Chennai, India[1]
Developer India Land and Properties (Americorp Group)
Structural engineer Buro Engineers (I) Private LTD., INDIA[1]
Main contractor Shapoorji Pallonji[2]

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]

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 350,000 sq ft,[5] leasing out 12 floors of Tower A),[6] Kone, Access Healthcare Services,Britannia Industries, Ajuba, Bankbazaar.com, Covenant and Ibox.[3] Singapore's Bean Balls, Germany's Modisch, and Etisalat (50,000 sq ft[7]) also occupies the building.[4] The Yes Bank Centre will soon occupy some floors in Tower-C by 2016-2017

See also

References

  1. 1 2 "India Land to invest Rs. 375 cr in Chennai IT park". Business Line. Chennai: The Hindu. 28 September 2006. Retrieved 9 Dec 2014.
  2. 1 2 3 4 "India Land launches Tech Park project". The Hindu. Chennai: The Hindu. 28 September 2006. Retrieved 9 Dec 2014.
  3. 1 2 3 "Another boost for Chennai realty: Indiabulls buys 10-acre commercial building for Rs 600 cr". FirstBiz. FirstBiz. 20 November 2014. Retrieved 9 Dec 2014.
  4. 1 2 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 Dec 2014.
  5. ↑ Chandramouli, Rajesh (13 July 2009). "Real estate rising out of downturn". The Times of India. Chennai: The Times Group. Retrieved 17 Dec 2014.
  6. ↑ Thomas, Liffy (6 May 2011). "Ambattur emerges as real estate hot spot for IT companies". The Hindu. Chennai: The Hindu. Retrieved 9 Dec 2014.
  7. ↑ 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 Dec 2014.

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