SME Times News Bureau | 31 Mar, 2010
The West Bengal government will allot 50 acres of land to software major Infosys in New Town on the northeast fringes of the city in the next 10 days, Housing Minister Gautam Deb said here Tuesday.
"Infosys have agreed to take land in the state. We will sit with the IT minister (Debesh Das) and Housing Infrastructure Development Corporation officials to finalise the modalities. It will be done in 10 days," said Deb.
Deb said each acre would cost Rs.1.5 crore.
Neither Infosys nor the state government have specified what the land would be used for.
Another IT company, Wipro, got 50 acres in January at the same price.
Both Infosys and Wipro had pulled out of the state after the government scrapped the IT hub project in Rajarhat last year following allegations that land sharks had been involved in acquisition of plots in the township.
