The total area being offered is 85283.76 sq ft on 6th floor and 80838.84 sq ft on 5th floor. The overwhelming response of the investor fraternity can be gauged by the fact that the Park is offering assured lease rentals upto 9 percent as well easy payment terms.
The investment in the units of FTP has certain other benefits i.e. availability of bank loan, easy tradability and transfer procedure, switch over option from assured rentals to actuals, etc.
While emphasising the salient features of industrial zone, Mr Batra informed that the spaces in the industrial zone have been planned at the centre of the park which face a beautifully landscaped central plaza with amphitheatre.
The amphitheatre alongwith galleries, design studios and workshop spaces would provide a platform for cross cultural exchanges. The blending of dedicated warehouse and shopping mall will add lot of value to the whole proposition, he added.
This is an endeavour to develop and integrate the three vital nodes of value chain of fashion namely design, production and market through development of dedicated infrastructure and backward & forward linkages, said Mr Kochar.
It is a great opportunity for the small investors to link up with the Fashion Technology Park as also with the global fashion business by availing the FTP Small Investment Invitation Program, states the release. Chandigarh 7 August 2006.
BUSINESS SCHOOL OF FASHION, An R&D based Knowledge Center, forms the hub of the Fashion Technology Park. The School is envisaged and positioned as a Knowledge Center dealing with design orientation, design forecast and trends as well as research and documentation.
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