Bangalore, Karnataka, India
Vrindavan TechVillage, one of the largest notified IT/ ITES SEZ in Bangalore announced their agreement to lease 280,000 sq ft to Outsource Partners International (OPI). Vrindavan TechVillage is a world class, 106 acre notified IT / ITES SEZ approved commercial development in Bangalore.
"We at Outsource Partners are aggressively expanding our capacity in India to keep up with the ever increasing demand for our services, states Kishore Mirchandani, President of OPI, and CEO of OPI's Indian Subsidiary, Business Process Outsourcing Pvt. Limited. "We are pleased to partner with Assetz Property Services for the development of our latest facility in Bangalore and are confident of Assetz's ability to provide us a world-class service center to help us meet our clients expectations as well as provide our employees the best facilities."
OPI's new 280,000 square foot facility is being built to eventually accommodate 3,000 seats by early 2008 and will offer advanced state of the art technology, security, and privacy. This facility, together with OPI's other facilities in Bangalore and Kochi, allows it to accommodate more than 6,000 professional staff throughout India.
Vrindavan TechVillage has begun leasing with a commitment to deliver the first 1.3 million sq ft of the total 9 million sq ft of IT/ ITES premises by January 2008, as well as a 1,300 multilevel car park by March 2008. Vrindavan offers tenants scalability with time so that they can begin with an incubation space and increase square footage as needed.
"We are delighted to have Outsource Partners International in Vrindavan TechVillage. The Tech Park will offer amenities and facilities of international standards and provide the ideal environment for employees", said Michael Holland- CEO, Assetz Property Services, "Assetz is committed to provide the best of local and international expertise in technology and research park environments. Vrindavan TechVillage is an example of world class facilities set in a traditional environment, "he added.
Developed by Assetz, the master planning, architecture and landscape of Vrindavan TechVillage is an international collaboration resulting in a modern, flexible, forward-looking environment designed for local end users as much as multinational tenants. Designed as per the guidelines of the Ministry of Environments and Forests, Vrindavan TechVillage uses environment friendly processes in their buildings and is also in the process of acquiring a LEED certification.
About Outsource Partners International, Inc.
Outsource Partners International, Inc. (OPI) is a leading professional services firm dedicated entirely to the provision of finance, accounting and tax outsourcing. OPI collaborates with each client to deliver customized business process outsourcing solutions that range from single service functions, such as accounts payable or accounts receivable, to full-service finance and accounting, including general ledger accounting, SEC financial reporting and risk management. OPI's client-partners benefit from improved financial operations including increased efficiency, flexibility, and transparency, while minimizing risks and costs.
OPI was built and is managed by experienced professional accountants, most of whom are former Big Four accounting firm partners and managers. This unique heritage underlies a strong spirit of partnership with its clients. Placing service and quality first has enabled OPI to build an impressive portfolio of satisfied clients who serve as real-world examples of the benefits of outsourcing.
OPI has more than 1, 700 associates operating in its offices throughout the United States, Europe and India. For more information about OPI and its finance and accounting solutions, visit www.opiglobal.com
About Vrindavan TechVillage
Vrindavan TechVillage is one of the largest notified IT specific Special Economic Zones in Karnataka. It comprises over 9 million sq. ft. of development spread over 106 acres of land on the Outer Ring Road. The development includes IT specific commercial office space, hotels, serviced apartments, residential and retail facilities.
About Assetz Property Services
Assetz is a property development service company with a focus on complex, mixed use, investment grade projects. Assetz brings a structured approach to developing and delivering real estate projects from land identification and inception to final occupation including ongoing asset management and disposition or retention of the investment. Headquartered in Bangalore, India, Assetz offers services through the full real estate life cycle including asset creation through development, asset maintenance and enhancement through active management and short, mid and long term financing around the base asset through its investment activities. To know more about Assetz Property Services, log on to www.assetzproperty.com
Source: Outsource Partners International (Business Wire India)
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