KUL pioneers IT space for small bizmen
12/24/2010

Seeking to reach out the hitherto neglected small entrepreneurs with plug-in and use IT facility, leading developer Kumar Urban Development Limited (KUL) has pioneered a novel concept by building work spaces of as low as 350 to 450 sq. ft. at their Cerebrum IT Park, Kalyani Nagar, Pune

Online PR News – 24-December-2010 – – Mumbai, December 23, 2010: Seeking to reach out the hitherto neglected small entrepreneurs with plug-in and use IT facility, leading developer Kumar Urban Development Limited (KUL) has pioneered a novel concept by building work spaces of as low as 350 to 450 sq. ft. at their Cerebrum IT Park, Kalyani Nagar, Pune.

This is perhaps the first time in the country that such small areas are being offered to cater to the needs of upcoming IT and ITES-based entrepreneurs who do not need large spaces.

The Cerebrum IT Park is a self contained campus spread over 7 acres and an ideal location for small companies ranging from start ups, IT, ITES, Corporate, Biotechnology, Insurance, Service and Banking sectors.

This project is approved by the Software Technology Parks India (STPI). It has also obtained all necessary state government approvals. Conveniently located at Kalyani Nagar – the business hub of Pune –the Cerebrum IT Park is in a short distance from Pune Railway Station and just 6 KM from the airport.

“Our idea is to encourage young entrepreneurs and small firms whose requirements are very limited in line with the resources that they command. Thus, we aim to nurture dreams and aspirations of these smaller firms by attending to their specific needs and requirements in a congenial environment. To help these industries achieve their goals, Cerebrum IT Park is an ideal destination where they can further expand their office spaces within the IT Park itself,” said Mr. Lalit Kumar. Jain, Chairman & Managing Director, KUL.

“Our market studies showed that most of the IT Parks that are presently available are very large ones catering to big IT Companies with huge budgets. There, therefore is definitely a large untapped demand for smaller working spaces”, Mr. Jain said.

The Cerebrum IT Park consists of 3 buildings designed along classical lines with the façade of the building reminiscent of edifices of power and success. Each work space is provided with an instant broadband connectivity, video conferencing and unlimited data connectivity, furnished incubation centre with plug-n- play facility, 100% power back-up to ensure uninterrupted power supply and high speed elevators. A visitors lounge and business centre, an ATM unit for staff lockers are some of the other salient features that are being offered at the Cerebrum IT Park.

About Kumar Urban Development :
Kumar Urban development Limited (KUL) is a real estate development and construction company with focus on residential and commercial development in the cities Pune with presence in Mumbai, Bangalore, Hyderabad, Panchgani & Nagpur. The Promoter has around three decades of experience in the real estate industry. The company’s projects span across affordable, mid-segment and luxury homes to commercial and retail complexes, apart from IT complexes and SEZ. Since restructuring of the company in 2006, they have completed 2.18 million sq. ft. of Developable Area, including 10 residential (including one-redevelopment project) and 7 commercial projects. As on date, KUL has 14 ongoing projects across four cities with 3.91 million sq. ft. of estimated developable area and estimated saleable area of 3.42 million sq ft. In addition, the company has 50 Forthcoming Projects with 73.13 million sq. ft. of developable area and estimated 64.14 million sq. ft. of saleable area.
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For details, please contact:
B N Kumar
Concept PR – 93210 48332