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Ratta Group to set up IT SEZ near Chennai

Chennai, Apr 24 (UNI) Rattha Group, one of country's fastest growing business conglomerates, today announced plans for a major IT Special Economic Zone (SEZ) -- 'Estra IT SEZ' costing Rs 1,750 crore at Porur, near here.

Spread over four blocks, the new IT SEZ would effectively create 4.5 million square feet of world class business space with employment opportunities for over 50,000 professionals upon completion by 2012, Company Chairman H S Rattha told newspersons here. Block I comprising 11 lakh sqft would be ready for occupation by December 2009.

The Master Planning for this SEZ is being done by world renowned architects HOK from the US, he added.

Spread across 26 acre of prime real estate in the city, the proposed SEZ would be a multi-tenanted green building that would offer high standards of business, lifestyle and management, he said.

Estra IT SEZ would offer a fully integrated business environment complete with lifestyle amenities including 24 hours back-up power supply, spacious fine dining restaurants, retail outlets and other recreation areas such as state-of-the-art gymnasium, multi-storied car parking to catering to over 15,000 cars and a 100-room service hotel. It would also offer Incubation Space to its customers.

Estra IT SEZ was strategically located in the city and in the vicinity of large residential areas, he said.

UNI SNR GM SY PM1636

Blair to announce start of Iraq troop exit: Media

London, Feb 21:  Prime Minister Tony Blair looked set today to outline a timetable for British troops to start withdrawing from Iraq, with media reports saying 3,000 soldiers could be home by the end of the year.Blair will tell parliament the gradual draw down comes as Iraqi forces take over more control of security in the south of the country, according to British newspapers and news channels.A spokesman at the prime minister's Downing Street office declined to.....
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