Technopark has invited expressions of interest from qualified IT co-developers for the construction and operation of its second IT building under the QUAD project at Technocity. The project aims to create a live-work-play campus with shopping and residential facilities. The selected developer will lease approximately.
The first IT building under the QUAD project is currently in the bid evaluation stage. The total area for the QUAD project is around 30 acres, divided into four land parcels. The second IT building will cover approximately 8 lakh sq ft in around 4.50 acres, which will be leased on a long-term basis (90 years on a case-by-case basis).
The bidder should have experience of successfully completing a similar project of a minimum built-up area of 4 lakh sq ft as a single project, or two projects of IT buildings/commercial/office buildings with a minimum built-up area of 3 lakh sq ft each, or three projects of IT buildings/commercial/office buildings with a minimum built-up area of 2 lakh sq ft each. All these include construction and operations during the last seven years as of the last date of the submission of the bid.
The EOI can be submitted till 5pm on September 18, 2025. Both online and offline meetings will be conducted at 4pm on August 28, 2025, for clarifications regarding EOI submission.