Parsvnath Developers, may bag the development rights for one of India’s biggest, the Rs 1,850-crore Nanocity to come up in Panchkula near Chandigarh. The project, spread over 11,138 acres, being jointly promoted by Hotmail founder Sabeer Bhatia and the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), is modelled on the Silicon Valley and will come up in two phases. The knowledge city will deal in future technologies like nano-technology, biosciences, software product development, next generation Internet products, materials research and energy.
Tuesday, May 20, 2008
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