GT Bharathi envisions the WTC development as the centrepiece of an integrated, IT-centric mixed-use township of approximately 150 acres, with a projected development value in the region of \u20b97,000 crore.<\/p>\n
GT Bharathi, a real estate developer, has been granted a license by the World Trade Centers Association to develop a World Trade Center business in the Chengalpattu district in Tamil Nadu. The agreement places GTB among an elite global network of over 300 WTC businesses across nearly 100 countries and territories \u2014 and makes it one of the major developers to carry the WTC name in South India, says a release.<\/p>\n
Bengaluru\u2019s Brigade had developed a WTC in Chennai.<\/p>\n
GT Bharathi envisions the WTC development as the centrepiece of an integrated, IT-centric mixed-use township of approximately 150 acres, with a projected development value in the region of \u20b97,000 crore. At full build-out, the development is envisioned to generate over 1,00,000 jobs, positioning it as a significant engine of employment and economic activity for the region, says a release.<\/p>\n
\u201cOur vision is a self-sustaining live-work-learn destination anchored by the WTC business park,\u201d said Arun Bharathi Arunachalam, Managing Director of GT Bharathi.<\/p>\n
\u201cThe masterplan is designed to unfold in phases over roughly a decade, bringing together commercial and retail spaces, data centres, residential and luxury residential communities, educational institutions, and hospitality,\u201d he said.<\/p>\n
\u201cGTB\u2019s entry into the WTCA network strengthens our presence in one of India\u2019s fastest-growing trade corridors,\u201d said Badal Saboo, Business Lead – India & Asia Pacific of the World Trade Centers Association.<\/p>\n
GTB is in active discussions to consolidate a land parcel of the scale this vision demands. Landowners holding parcels of comparable size along the OMR corridor from Thiruporur onwards, and along ECR within the Chengalpattu district, are invited to connect with GTB to explore participation in this landmark development, the release said.<\/p>\n
\u201cWe are yet to decide on the location,\u201d Arunachalam told businessline.<\/p>\n
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