Gulf Oil Corporation, the Hinduja group Company, is developing project at a land at Yelahanka, suburb of Bangalore in state of Karnataka, which is spread over 39.67 acres. Designed by renowned Architects-RSP of Singapore, the project will consist of a total of 8 million square feet out of which revenue area is 3.82 million square feet of IT SEZ and 1.23 million square feet of non-SEZ space encompassing a hotel, service apartments, a retail mall and commercial offices.
The project is being developed at a total cost of Rs 1,800 crore on a Joint Development basis with Hinduja Realty Ventures, who are responsible for all architectural scheme design, project funding, permissions, approvals, construction and development, marketing/ leasing and eventual maintenance of the entire complex. Further, the company has also performed Bhoomi Puja for its IT/ITES park project at Bangalore.
Gulf Oil Corporation is engaged in manufacturing industrial explosives, mining products, lubricants, speciality oils and chemicals, active pharma ingredients (bulk drugs) and pharma formulations.
