TIDEL PARK LTD

Taramani, Rajiv Gandhi Salai, Chennai – 600 113.
Phone No:-+91(44) 2254 0501 / 2254 0501 / 4211 8494. 
Fax:-91(44) 2254 1744. Website: www.tidelpark.com

Download Application Form

IT SPACE AVAILABLE
 APPLICATION INVITED

1. IT Park:

TIDEL Park is a state-of-the-art Information Technology Park established with 1.3 million sq. ft. built-up area at Taramani on the Six Lane IT Expressway and connected by Metro rail. TIDEL offers plug and play facilities for IT Industry with high speed data-voice connection backbone by multiple service providers. The supporting facilities include Auditorium, Conference Hall, Food Courts, ATM’s, Banks, Post Office, Fitness centre, Recreational facilities, etc. TIDEL has been enjoying 100% occupancy since its inauguration on 04.07.2000. 

2. Space Availability:

The following IT/ITES spaces are readily available in TIDEL Park for allotment: The prospective occupants are required to remit 3 month’s rent as Interest free booking Advance along with duly filled in application in the prescribed format.


Sl.
No

Location

Module No.

Super Built-Up Area in    sq.ft.

Rent per  sq.ft. per month (Rs.)

Booking Advance  (Rs.)

Activity Permitted

1

3rd Floor

0301

18628

40/-

22,35,360/-

IT / ITES

2

3rd Floor

0302

18636

40/-

22,36,320/-

IT / ITES

3

3rd Floor

0303

14689

40/-

17,62,680/-

IT / ITES

4

4th Floor

0408

6528

40/-

7,83,360/-

IT / ITES

5

5th Floor

0505

4585

40/-

5,50,200/-

IT / ITES

6

7th Floor

0701

18628

40/-

22,35,360/-

IT / ITES

7

7th Floor

0702

18636

40/-

22,36,320/-

IT / ITES

The following Modules are adjoining areas and can be used for combined
operations by a single occupant.

a)      Module No.0301 & 0302
b)      Module No.0701 & 0702

           
Preference will be given to the applicants who apply for the entire floor  / larger space available for allotment

3. Terms of Allotment:


(
a) Terms of Lease for IT/ITES Companies:

Rent

Rs. 40/- per sq. ft. / month till 31st March 2012. Thereafter rent will be increased by 10% and the revised rent will be Rs.44/sq.ft. per month w.e.f.1st April 2012.

Lease Term 

Three years. 

Operation & Maintenance

(O&M) Charges

Rs. 7.682 per sq.ft. per month subject to an annual escalation of 5% from 1st April 2011 (each financial year). 

Air-conditioning Charges

At actuals. 

Electricity Charges 

At actuals. 

Refundable Security Deposit (Interest-free)

10 months’ Rent. 

(b) Car Parking subject to availability:   

Ø       Covered Car park

  (i) For Basement – I

..

Rs. 1200/- per Car per month

(ii)  For Basement II 

..

Rs. 1000/- per Car per month   

Ø       Open Car Park    

..

Rs.   500/- per Car per month

(c).  Premature Closure:

In the event of Lessee wishes to terminate the lease agreement prior to 31st March 2012, then the Lessee will have to forego the entire interest-free Security Deposit paid to the Lessor and the Lessor will not be liable to return the said Security Deposit.

After 36 months, the lease will be terminated automatically, if not renewed in terms of the lease deed. As per the terms of allotment, the lessees have to indicate their willingness to renew/surrender the space occupied by them six months prior to the expiry of their lease.

4.  Procedure for Allotment of Space: 

Ø       Application for allotment of space can be downloaded from the website or obtained in person from the company.

Ø       The application received with Booking Advance will be scrutinized and approved qualified based on the nature of the activities for which the spaces are proposed to be used by the applicant. made available.

Ø       Interested parties are requested to submit application form dully filled-in together with interest free booking advance  equivalent to three months rent.

Ø       Rent free fit-out period for 15 days from the date of allotment.

Ø       The balance amount of interest-free Security Deposit has to be paid within 21 days from the date of allotment.  

Ø       The lease agreement has to be signed in 30 days from the date of allotment, failing which, the allotment of space will stand cancelled automatically / and booking advance refunded after deducting 10% towards administrative cost incurred by the company.

5. Interested applicants may please contact the following persons for further details.

Contact person 

Designation 

Phone No. 

Mobile No.

Mr.A.LAKSHMANAN

General Manager-Operations

+91(44) 2254 0506 (Direct) 

99400 31177

Mr.N.VISWANATHAN 

Commercial Manager

+91(44) 2254 1499 (Direct) 

9940674946

Mr. M.VASAN 

Customer Relations Officer 

+91(44)2254 0500
2254 0501 
4211 8494 

99400 75962

6. The filled in application may be forwarded to the Managing Director of the company along with the required booking advance by DD / Cheque (drawn on any scheduled bank payable at Chennai) in favour of TIDEL PARK LTD.


Place : Chennai
Date  : 07-July - 2010

 The Managing Director
                           TIDEL Park Ltd.
                    No.4 Rajiv Gandhi Salai,
 Taramani,
Chennai – 600 113
.