Aryabhata Tech Park to see a flurry of activity soon
Basavaraj F Kattimani, TNN Sep 15, 2011, 10.37pm IST
HUBLI: Barely within two months of the Hubli-Dharwad Municipal Corporation (HDMC) slapping notices on seven IT companies to surrender their land parcels in Aryabhata Tech Park as their projects remained a non-starter, the park is showing every sign of becoming functional by this year end. Responding to the notice, the companies have come forward to set up their units in the park.
The HDMC was entrusted with the task of attracting big and small IT companies to start their units in the IT park. Accordingly, land was given to seven companies at reasonable prices to construct buildings in the park. However, even after two years of land allotment, none of the companies started the work. This compelled the HDMC to serve them notices to return the land.
Honouring the notice, two companies have started functioning while five other companies have given assurance to the HDMC that they will start functioning at allotted land by the end of this year.
