| Lanco Hills, a part of the Hyderabad-based Lanco Group, is a mega project coming up on 108 acres in the city, which includes an IT park, residential towers, mall, multiplex, hotels, recreation and other amenities. The project has both SEZ and non-SEZ areas. |
| "We are developing 8 million sft of office space in our IT park spread over 12 towers of SEZ and non-SEZ areas. Of this, the first non-SEZ tower with 400,000 sft is already under construction and expected to be ready in a year. The first SEZ tower with 30 floors will have 900,000 sft of office space and the work order has been given to Sembawang. We expect the work to start in a month's time," Pochendar, Lanco Hills chief executive officer, stated in a press release here on Monday. |
| According to Sembawang managing director JD Stuart Macaskie, the entire IT park project at Lanco Hills involves a total of 12 towers and the work order for the first SEZ tower marks an important milestone for future orders in this project. |
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
