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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Infrastructure Urban

UniAcoustic, Vicoustic Form UniVicoustic Alliance

UniAcoustic, part of United Group, has acquired a strategic stake in Portugal-based Vicoustic, forming a new alliance branded as UniVicoustic. The agreement, signed in Mumbai, marks a significant cross-border partnership aligned with evolving India–EU trade dynamics.The collaboration brings together Vicoustic’s global expertise in architectural acoustic products with UniAcoustic’s manufacturing scale and distribution capabilities. The combined platform aims to expand market reach, integrate technology and optimise supply chains across key regions.The development comes amid progress in th..

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Infrastructure Urban

Dalmia Bharat, Delhi PWD Revamp Under-Flyover Spaces

Dalmia Bharat has partnered with the Public Works Department (PWD), Government of Delhi, to redevelop select under-flyover spaces and a road stretch into sustainable urban hubs. The agreement covers key locations including Lodhi Flyover, Oberoi Flyover, Mangi Bridge and Hanuman Setu.Under the initiative, the company will undertake design, landscaping, plantation and long-term maintenance of the sites, with a defined upkeep period of three years after completion. The project aims to improve urban aesthetics while promoting environmental sustainability and biodiversity restoration in high-densit..

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Infrastructure Urban

Versigent Debuts as Independent NYSE-Listed Company

Versigent has launched as an independent publicly traded company following its separation from Aptiv, with shares commencing trading on the New York Stock Exchange under the ticker “VGNT”. The move marks a significant milestone in the company’s transition into a standalone global player in power distribution systems.The company specialises in the design, manufacturing and delivery of low- and high-voltage electrical architectures, supported by engineering centres across four continents and manufacturing operations in over 25 countries.Versigent reported revenues of $8.8 billion, net inco..

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