Taurus kickstarts first investment in India with Downtown in Kerala
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Taurus kickstarts first investment in India with Downtown in Kerala

The US-based real estate private equity major Taurus Investment Holdings (TIH) has kickstarted its first investment in India, in collaboration with Embassy Group and Asset Homes, through a $200 million project to create IT space and social infrastructure in Technopark, a government owned IT Park in Thiruvananthapuram. This is one of the major infrastructure development project in Kerala, focusing on IT sector.The project was launched today by State Chief Minister Pinarayi Vijayan, who on Thursday said that IT firm Fugitsu is exploring opportunity to set up shop in the State, after Nissan Motor s digital hub and Tech Mahindra s plans to set up its office in the State.Taurus s JV project, named Downtown Trivandrum, is designed as a mixed-use project with 5.5 million sq ft of built-up space in 20 acres of land located within Phase 3 of Technopark. The project will consist of Embassy Taurus Tech Zone (ETTZ), an office complex of 3.3 million sq ft of IT workspaces, Taurus Zentrum, a 1.2 ...

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