Vatika Group set to establish Jaipur as India’s next IT destination

Company News

New Delhi, March 21

After casting success stories with the best of commercial and residential projects in Gurgaon, Vatika Group takes its next leap in Jaipur with its next project - Vatika Infotech City on Ajmer Road.

Vatika Infotech City, spread over 808 acres on Ajmer Road is a self contained integrated township with shopping complexes, a five star deluxe hotel, recreational centre, health club, , medical facilities, schools, Having received its first round of approvals from Jaipur Development Authority, Vatika Group is on its way to emerge as the most coveted and elite address in Jaipur.

Vatika Infotech City is on the Ajmer Road that lies on the western side of Jaipur. An eight-lane expressway, Ajmer Road is well connected to Jaipur, with the main commercial center M.I. Road being just 15 minutes away. A new flyover connects the Express way on which Vatika City is located to the Main Jaipur City, providing a fast and uninterrupted drive.

The residential development of this township will be a mix of plots, built up bungalows, row and group housing, condominiums. A total development of 10,800 dwelling units shall be housed in this area. Considering 4 inhabitants per dwelling units the township shall have a population of 43,200.

Jaipur and the IT Boom?

Vatika Infotech City will also offer a 50 acre state-of-the-art IT complex next to the Expressway that shall house approx 65,000 professionals and support staff. As per the projections of NASSCOM, Indian IT/ITES market will be worth $62 Billion by 2009 and $US 148 Billion by 2012. The growth in IT & ITES market in India will translate to manpower requirement estimation of 9.72 lacs for IT export services and 27.17 lacs for ITES export services by 2012. As much as 40 per cent of the additional employment expected to be generated in the ITES (IT-enabled services) sector in 2005-06 will be in the smaller towns. The State of Rajasthan being close to NCR offers investment opportunities in IT sector especially in ITES.

Says Mr. Pankaj Pal, Vice President – Sales and Marketing, Vatika Group “Vatika Group is also in the process of applying and obtaining approvals for SEZ in Jaipur for the IT Park In the years to come, tier 2 cities especially Jaipur will be a major destination for IT-BPO companies. With its given investment policies, Jaipur will be at par with any of the contemporary cities such as Bangalore and Gurgaon. This will make Vatika Infotech City one of the most enviable addresses in town With Vatika Infotech City, we plan to introduce the concept of Contemporary Township, at par with any cities abroad.”

As I.T majors and ITES companies like Genpact and Progen seek to diversify their operations to ‘Tier Two’ cities with the dual purpose of containing high attrition rates in Tier One cities and tapping man-power in new areas, the government of Rajasthan is making determined and enthusiastic efforts to attract IT industry to the state. The I.T Policy (2005) for the State of Rajasthan underlines the government’s keen interest in making the environment conducive for I.T companies and attract them to set up base in Jaipur. The Government of Rajasthan is very keen on partnering the Private sector/Foreign investors for establishing an I.T infrastructure that conforms to International Standards, in the state and is committed to giving all possible assistance in terms of infrastructure support, speedy administrative clearances, taxation benefits.

” We’re aiming to bring in IT majors from not only India, but also aboroad under one roof. The investment will be done in phases. The first phase will see an investment of over 2000 crore. This project will be the next IT destination that shall flaunt state-of-the-art architecture, affluence and modern utopian lifestyle”, said Gaurav Bhalla, Executive Director, Vatika Group.

Salient features

In addition to overall premium commercial complexes and finest residential options, the Vatika Infotech city offers international living. Every aspect of the township has been meticulously planned. Streets have been given a special empahisis. The minimum road width in this township will be 50 feet. Vatika Infotech City exhibits over 300 acres of landscaping and open areas out of the total of 800 acres. 70 acres of beautifully landscaped parks form the central vein of the colony. All dwelling units in Vatika Infotech City are less than a 5 minutes walk to the central greens.

Walk to Work

Through this township, Vatika Group also promotes the ‘Walk to Work’ culture as all employees today prefer staying closer to their workplace so as to avoid arduous travel hours. Walk to work is a radical step toward cutting exhausting travel time by planning workplace closer to residential areas. The 50 acre IT Park in Vatika Infotech City will cater to this need of the residents.

A five star and a three star hotel have been planned on the site area abutting the main Ajmer Road. The various facilities in this integrated township shall have immense utility value for the I.T Park apart from adding to the tourism infrastructure of the city. The township project shall have a Destination Mall project to be built over 70,000 million sq.ft apart from other shopping amenities within the township.

Vatika Group’s commitment to bring the best stands to its customers stands strong. As it comes to Jaipur with Vatika Infotech City on Ajmer Road, it will be with the same sentiment to touch people’s lives and to live up to its corporate philosophy!

About the architects

Designed by studio u+a, of New York has given shape to the precision engineered development of Vatika Infotech City City. In their efforts to create a self-contained neighborhood, defined by pure aesthetics and functionality, they are joined by Spazzio Design Architecture, an accomplished architectural establishment of India. The two in unison add splendid design inputs to make the Vatika Inotech City – Jaipur project more relevant to Indian environment and lifestyle.

Rajasthan Governement’s IT Policy Mission Statement

According to Rajasthan government’s Mission Statement of the I.T Policy “IT will be the driving force behind human development and growth in the new Millennium. Government of Rajasthan would create an I.T friendly environment for integrated participation by all in development process. This shall be for the improvement in the quality of every aspect of human life, emergence of a competitive society and a vibrant economy through transparent governing systems , sound IT infrastructure and skilled Human Resources”.

For more information, please contact

Sarita Banerjee

9818870005