Yesterday, Today, Tomorrow
Real Estate

Yesterday, Today, Tomorrow

The new Nalanda University campus at Rajgir in Bihar, remodelled after the 1,600-year-old Nalanda Mahavihar, was inaugurated by Prime Minister Narendra Modi in June 2024, marking a significant revival of the first residential university in the world, originally founded in 427 CE by Emperor Kumara...

The new Nalanda University campus at Rajgir in Bihar, remodelled after the 1,600-year-old Nalanda Mahavihar, was inaugurated by Prime Minister Narendra Modi in June 2024, marking a significant revival of the first residential university in the world, originally founded in 427 CE by Emperor Kumaragupta.Steeped in historyThe world’s first residential university gained its name from ‘nalam’ (lotus) and ‘da’ (to give), symbolising the blossoming of knowledge.Green campusRevival of the university gained momentum in 2006 after Dr APJ Abdul Kalam, then President of India, proposed its reestablishment. The architectural design was chosen on the basis of a global competition and the jury, consisting of architects including Liu Thai Ker, chose Pritzker Prize laureate and Padma Vibhushan late BV Doshi’s firm, Vastu Shilpa Consultants, as the winner of the design competition.The new campus, built at an initial cost of Rs 18 billion and spread over 485 acre, merges eco-friendly architecture with ancient Vaastu principles. The campus is among the largest in India and its commitment to sustainability is evident in its net-zero green campus, which includes a 6.5-MW DC on-grid solar plant, a 500-kld water treatment plant, a 400-kld water recycling plant and 100 acre of water bodies with an innovative 1.2-MW AC biogas-based waste-to-energy plant. Indeed, the new campus of Nalanda University symbolises the revival of an ancient institution and serves as a beacon of modern educational excellence and sustainability.A Forest of MemoriesSmritivan Earthquake Memorial is on UNESCO's 2024 list of the most beautiful museums.The Smritivan (Forest of Memories) Earthquake Memorial Museum in Bhuj, Gujarat, has been honoured as one of the world’s seven most beautiful museums globally by UNESCO’s Prix Versailles Award for Architecture and Design. It is the first museum in India to receive international recognition for adherence to local culture, environmental conservation and sustainable practices.Situated on the Bhujiyo Dungar (a small hill) on the outskirts of Bhuj and spread over 470 acres, it is the first earthquake memorial in the country. The site features the world’s largest Miyawaki forest, with around 0.5 million trees, 50 check dams adorned with plaques bearing the names of the victims of the 2001 earthquake, measuring 7.9 on the Richter scale, which claimed close to 13,000 lives and affected 890 villages. The museum also includes a special theatre that offers a realistic simulation of the earthquake experience using sound, light and vibration along with a 360º projection. The architect was Rajeev Kathpalia from Vastushilpa Sangath LLP while the exhibition design and curation for the museum was done by Design Factory India.Design intentThe hill’s steep slope posed a challenge in constructing a building that blended with the landscape as the hill holds cultural significance to the community and constructing a large-scale box contrasting with the hill was considered inappropriate. So, the natural contours of the hill were incorporated into the design.Resilience and regenerationAs Smritivan was planned to be a pilgrimage site for bereaved families of the victims, each element of the museum, which was inaugurated by Prime Minister Narendra Modi in 2022, stands as a symbol of Gujarat’s resilience in the face of adversity and focuses on regeneration and hope for a better future.- R SRINIVASAN      

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Real Estate

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

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Infrastructure Transport

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

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Technology

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..

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