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Home > City Resources > Computers and Internet > Cyber Gateway

CYBER GATEWAY - THE SECOND PHASE OF HI-TEC CITY 
The fully occupied Cyber TowersHyderabad is a city where the historical meets the futuristic. Once a capital of the Nizams, it is today acquiring the status of the cyber capital of India, and the credit goes to Hi-Tec City. In its bid to promote the IT industry in a big way in Andhra Pradesh, the state government has initiated a series of measures, including the introduction of a liberal investment policy. One of the major steps initiated by the Chandrababu Naidu government for attracting IT Companies to the state, has been the promotion of the Hi-Tec City at Madhapur, near Hyderabad.

This is the first high-tech complex in AP, with all the IT infrastructure which was developed by L&T Infocity, a joint venture between the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) Ltd and Larsen & Toubro Limited. Phase I of the project - Cyber Towers - offered 0.58 million square feet of hi-tech space and is now fully occupied by the Multinational IT companies like Microsoft, Oracle, Metamor and financial leaders like GE Capital and HSBC.

Architectural model of Cyber GatewayL&T is presently developing the second phase of the project - Cyber Gateway - which will provide an additional space of around 8,60,000 square feet. Cyber Gateway offers all the facilities offered in Cyber Towers. The building is designed according to Vastu Shastra, the ancient Indian science of architecture. In the shape of a giant arch, it stands as a gateway to the rest of the Hi-Tec City.

The Cyber Gateway consists of four blocks, each block having six floors with super built-up area ranging from 17,673 sq.ft. to 18,293 sq.ft. The first block of the Cyber Gateway is ready for occupation. The other blocks of Cyber Gateway will be ready in three phases by the end of the year 2002. The Cyber Towers and Cyber Gateways provide state-of-the-art facilities like multifeeder power substation and diesel generators for uninterrupted power supply, high speed data communication lines from VSNL and STPI and Voice communication services from BSNL and Tata Teleservices Limited, Centralised Air-conditioning, backbone structured cabling using Optic Fibre, ECAT-5 and CAT-3 cables for the software development companies.

R SridharanEverything is fine. But, how to set up an office at the Hi-Tech City? Who will allot the space, L&T or APIIC? What procedures are to be followed? How much do they charge for the space allotted? These are the some of the questions that are bound to boggle your mind, if you are seriously looking to move into the Hi-Tech City. Hyderabad-best.com interviewed Mr R Sridaran, Deputy General Manager - Marketing, L&T Infocity, to clarify all your doubts. The details -

Who is the competent authority to allot space at Hi-Tec City? L&T or APIIC?

Though the project is a joint venture between L&T and APIIC, L&T is looking after the bookings, marketing and allotments. The interested parties can directly contact the L&T Infocity Office located in Cyber Towers of Hi-Tech City.

Is the space in the Hi-Tec City strictly reserved for Information Technology Companies only?

Yes! Basically, the Hi-Tec City is reserved for IT and its related companies only. But the IT companies need several services like High Speed Data Transmission lines, Voice Communication facilities, Travel Agencies, Banks, Caterers, etc. Keeping this in mind, we are offering some percent of the Hi-Tec City for the service providers related to IT.

Can you explain the procedures which are to be followed to get a site at HITEC City?

There is no specific procedure to be followed. The interested persons and companies can directly contact us (L&T Infocity). If they satisfy our terms and conditions, a Memorandum of Understanding (MoU) is to be signed.

Do the companies need any qualifications or registration from any government agency?

No! We do not insist on any specific qualifications or recognitions. The area purchased or hired can be used as an office space for business in IT, engineering, consultancy, financial, banking and other related areas.

The first block of Cyber Gateway under constructionDo you allot the space on lease or outright selling basis? If it is on lease basis, what is the minimum and maximum period of lease?

There are two options. For those who want to own the premises permanently, they can buy the area at Rs. 3,150 (US$71.6 approx.) per sq.ft. For temporary purposes, we are leasing the premises at Rs. 35 (US$ 0.8 approx.) per sq.ft. per month for the first first three year period, with a 30% increase after every three years. An interest-free, refundable advance of twelve months' lease rentals is to be paid in two installments by the lessee. Three months' rentals are to be paid as booking advance, to block the space and the balance nine months' rentals are to be paid at the time of entering into the agreement for lease or handover of possession. Besides, we collect separate charges towards Operation and Maintenance, common area electricity, water and parking.

What is the charge structure?

The lessee or the occupant has to pay Rs. 4.50 (US$ 0.1 approx.) per sq.ft. per month as Operating and Maintenance (O&M) charges for security, common area house keeping, mechanical & Electrical Maintenance. Parking Charges at the rate of Rs. 2000 (US$ 45.5 approx.) per month for a car parking slot and Rs. 100 (US$ 2.3 approx.) per month for a two wheeler parking slot, with a refundable advance of Rs. 6000 (US$ 136 approx.) and Rs. 300 (US$ 6.8 approx.) per slot respectively.

Architectural view of Hi-Tec cityWhat about electricity and other charges?

The lessee or owner has to pay the Property Tax, Electricity, AC and water charges at actuals. All the occupants of the premises have to share common area electricity charges and insurance premium.

What are the consequences if a company withdrew from the project after booking?

Withdrawal from the project after booking will attract a service charge of 5% of the sale consideration per module and the balance will be refunded without interest. But once allotted and registered, no cancellation will be entertained.

Are there any benefits like duty exemptions to the outright purchasers?

The Government of Andhra Pradesh has exempted the Stamp Duty / Registration Charges / Transfer of Property duty for purposes relating to setting up of Information Technology-based projects and other common purpose infrastructure and financial services related to such projects in Hi-Tec City for a period of five years. In addition, the government has given guidelines to the concerned authorities to allot land to IT companies for setting up their development centres. Many IT companies like Wipro, BaaN, Infotech, etc., have already built their development centres at Cyberabad.

The Hi-Tec City planA total of 151 acres of prime land in Madhapur is earmarked and allotted to the L&T Infocity for the development of the techno-township. Fifty per cent of the total area will be offered as built-up space and 50% percent as independent plots for customized development. What's more, you also have the freedom to do it all your way. That means, you buy an independent plot and have a building constructed to your specifications.

So, if you have missed out on Cyber Towers, get a headstart over the rest now.

For more details contact: Mr R Sridaran, Dy. GM, Marketing, L&T Infocity Limited, 1Q4-A1, First Floor, Cyber Towers, Hi-Tec City, Madhapur, Hyderabad - 500 033. Phone: 310 0666, Mobile: 98490 43833, Fax: 91-40-311 0216.
E-mail: rs-ltinfo@lntecc.com   URL: www.ltinfocity.com
- Mohan G Jagan

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