International Tech Park Gurgaon (ITPG) is a premium IT Special Economic Zone (SEZ) developed by Ascendas, a member of CapitaLand Limited, one of Asia’s largest diversified real estate groups.
Spread over 60 acres, ITPG will offer 7 million sq ft of state-of-the-art business space when completed. Phase 1, currently under development, will offer approx. 1 million sq ft of contemporary urban ‘Grade A’ space supported with amenities and infrastructure.
Leasable Space Details
- Total office space: Approx. 1 million sq ft
- Ground + 9 Floors+ 3 levels of Basement parking
- Average floor plate: Approx. 50,000 sq ft
- Block 1A scheduled for fit-outs by Q4 2017; 1B by Q2 2018
- Proposed LEED gold rating by USGBC
- Car-parking slots: 1744 nos.
About Ascendas, a member of CapitaLand Limited
Ascendas, a leading business space solutions provider, is a member of CapitaLand Limited (CapitaLand), one of Asia’s largest diversified real estate groups. Headquartered and listed in Singapore, CapitaLand owns and manages a global portfolio worth over S$103 billion as at 31 March 2019. CapitaLand’s portfolio spans across diversified real estate classes which includes commercial, retail; business park, industrial and logistics; integrated development, urban development; as well as lodging and residential. With a presence across more than 200 cities in over 30 countries, the Group focuses on Singapore and China as its core markets, while it continues to expand in markets such as India, Vietnam, Australia, Europe and the USA.
CapitaLand has one of the largest real estate investment management businesses globally. It manages eight listed real estate investment trusts (REITs) and business trusts as well as over 20 private funds. Since it pioneered REITs in Singapore with the listing of CapitaLand Mall Trust in 2002, CapitaLand’s REITs and business trusts have expanded to include Ascendas Reit, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust, Ascendas India Trust, CapitaLand Malaysia Mall Trust and Ascendas Hospitality Trust (a stapled group comprising Ascendas Hospitality REIT and Ascendas Hospitality Business Trust).
In India, CapitaLand has a strong presence with a portfolio of 25 business and IT parks, industrial, lodging and logistics properties across eight cities – Bangalore, Chennai, Goa, Gurgaon, Hyderabad, Mumbai, Pune and Sri City.
The Group is a key contributor to India’s IT industry development, having pioneered the renowned International Tech Park Bangalore in 1994. CapitaLand is part of a Singapore consortium appointed as master developer of the 684-hectare Amaravati Capital City Start-Up Area that is designated as the Central Business District for Amaravati, the capital city of Andhra Pradesh.
CapitaLand has deep expertise in India across the full real estate value chain - from owning, developing and managing properties to fund management through Ascendas India Trust and private funds.