<h1>Developer's paid press release touts city as IT hub, claims large cost savings, fast approvals, and new IT parks</h1> A managing director of a real estate developer published a press release promoting the city as an emerging IT hub, asserting workforce stability, 30-40% operating cost savings versus established metros, state incentives and faster approvals, and announcing three upcoming IT parks adding 18 lakh sq. ft. of commercial space. The piece is promotional and contains forward-looking commercial claims that may be subject to verification and regulatory disclosures (e.g., planning, environmental, SEZ and construction approvals). It was distributed via a newswire under a disclaimer that the publisher takes no editorial responsibility, highlighting its status as paid or sponsored content.