GreenBase is set to fuel Oragadam’s growth further. The Hiranandani Group company is investing Rs 750 crore in an industrial and logistics park in the heart of Tamil Nadu’s industrial belt. The park envisages the development of 2.8 million sq ft of built-up area for companies looking to establish manufacturing and logistics units. The park will be spread across 115 acres and will be part of the mixed-use township, Hiranandani Parks, that has transformed the Oragadam skyline with its stately high-rises.
The park is expected to create thousands of direct and indirect jobs besides attracting top companies and more investments in the region.
GreenBase, Oragadam’s new growth story
Vestas India is building a wind-turbine park and warehouse here. The built-to-suit development is spread over half a million sq ft and is close to completion.
“As India aims to be a $5 trillion economy by 2025, the logistic sector has an important role to play in connecting producers with consumers. Projects like this one and investment will result in multiple direct & indirect job opportunities for the workforce,” says Dr Niranjan Hiranandani, MD, Hiranandani Group.
A power station has been commissioned within the GreenBase Industrial park which will reduce utility costs for last-mile connectivity. The uninterrupted power supply will go a long way in reducing dependencies and operational expenses for companies that set up manufacturing units at GreenBase.
More incentives
“Our goals are aligned with the vision of the government of Tamil Nadu, to foster investment and employment towards garnering better economic growth in the region. Additionally, subject to eligibility, standard incentives as per the Tamil Nadu Industrial Policy of 2014 will be made available to companies who set up manufacturing units at GreenBase,” said Hemant Prabhu Keluskar, COO, GreenBase.
Hiranandani Parks
As an increasing number of companies set up their units in Oragadam, there is an ever-growing demand for quality residential space for the local workforce and expats. Hiranandani Parks is a township like no other that suits the needs of sophisticated homebuyers. From luxurious 2.5 and 3 BHK apartments in majestic high-rises to premium ready to build villa plots, over 12 professional-grade sports facilities, a family hospital, CBSE school, and more, Hiranandani Parks has it all. Visit www.hiranandaniparks.com to explore a township that’s reshaping the story of Oragadam.