Ambuja Realty has announced plans to set up three IT parks in Kolkata with an investment of Rs 300 crore. Two of the three proposed parks will be set in the IT hub, Salt Lake City while the location for the third one will be Rajarhat in the eastern part of the city.
Ambuja Realty is all set to invest Rs 60 billion over the next five years (2013).
To diversify its business footprints, the company is also looking at Jharkhand and Punjab, besides West Bengal.
It is developing 18-acre IT park cum township project in Mohali.
Ambuja will also invest Rs 10 billion for its hotels business.
The Kolkata based real estate company, is also eyeing at private equity investment in the coming year.