Realty firm RSP Developers is investing Rs 400 crore to develop a commercial project in Gurugram, Haryana, where corporates can set up their research and development (R&D) centres, a top company official said on Tuesday.
The company has already developed and leased 1.15 lakh sq ft space to BMW Group in this 12-acre project 'e-novation Centre' comprising a total of 8 lakh sq ft area.
"We are developing a commercial complex in Gurugram dedicated for R&D and training purposes," RSP Developers MD Satya Priya Yadav said.
He said this is possibly the first project in the national capital region (Delhi-NCR) for setting up of R&D and innovation labs, incubators, accelerators, centres of excellence, IT/ITeS units and training centres.
"The first block is already operational and occupied by BMW Group. We have completed two more blocks comprising 3.5 lakh sq ft area and the leasing process has started," Yadav said,
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