Hosur IT Park - A proposal only with real estate promoters
If you are here on this page through Google or other search engine, it shows that you are planning to invest your saving in
real estate in Hosur and some middle man or land developer has promised you with a huge return for your investment as the land or property is just near to IT Park!!!
If this is your case continue reading below
When Kannada racists started troubling Bangalore IT industries, those industries planned to move their premises out of Bangalore, while most of them quickly found a place in Hyderabad or Chennai or Pune, few were searching for a place very near to Bangalore with a similar climatic condition but a peaceful industrial location.
There came Hosur. When Dr Santosh Babu IAS was the then district collector of Krishnagiri District, he proposed Hosur as the right choice for those IT industries. Even Infosys, Wipro and others had an
Arial survey of the place during 2006
There came 2008 recession and another yet to come 2012 recession, which forced those IT giants to stay back in Bangalore as a new place will need lot of investments
It is believed that soon Indian IT industries will face a very tough challenge from China, as China is busy making its first batch of IT people with thorough English language knowledge.
If this becomes reality, many companies from India might migrate to China by that time and for sure Hour IT industry is to remain just as one of the other dream of Hosur.
The IT park at Hosur was proposed at 173 acres of land.
Images below are
taken from leaf-lets distributed by ELCOT during 2009, when Dr Santosh Babu
IAS was its Chairman