iTEK Nucleus IT tower signals Hyderabad's tech revolution

06 Oct 2023 CW Team

Developed by the Telangana government in a public-private partnership model through Telangana State Industrial Infrastructure Corporation (TSIIC) and the Finczars consortium, comprising Finczars from Hyderabad, Varma Constructions from Mumbai, and YFC Projects from Gurugram, this iconic structure has been meticulously designed by the renowned architectural firm, Mir Architects & Engineers, based in the Old City.

Spanning an impressive 15 lakh sq ft, iTEK Nucleus will not only redefine the skyline but also offer a panoramic view of Hyderabad city from its sky lounge, providing a 360-degree spectacle. Moreover, the tower is on track to receive the esteemed Indian Green Building Council's gold rating, reflecting its commitment to sustainable practices.

During the foundation stone laying ceremony, KTR, a key figure in the Telangana government, expressed his enthusiasm for the project. He assured the attendees that the government is dedicated to completing this iconic venture within 36 months, envisioning it as a symbol of modernity and progress for the Old City. KTR emphasised the government's commitment to attracting IT giants to establish their offices within the facility, thereby bolstering the entire ecosystem of the Old City. He highlighted the tower's role in fostering innovation and collaboration, bringing together experts to develop cutting-edge technologies and applications.

Additionally, KTR shared the government's broader vision, outlining plans to enhance infrastructure and transportation systems to accommodate Hyderabad's future needs as it continues to rapidly evolve. The city's development includes an ambitious metro rail project covering a total of 415 km, a testament to Hyderabad's commitment to embracing the future while preserving its unique Ganga-Jamuni tehzeeb, a cultural ethos promoting communal harmony.

In a bid to keep pace with Hyderabad's technological advancement, the Old City is gearing up to embrace the tech revolution with the construction of a groundbreaking IT tower in Malakpet. Costing Rs 7 billion and spanning an expansive 11-acre area, this state-of-the-art IT hub, named iTEK Nucleus, will stand tall at 30 storeys, overlooking the Moosarambagh area in Malakpet. Anticipated to generate around 50,000 job opportunities, the tower is set to become a prominent landmark in the Old City. Developed by the Telangana government in a public-private partnership model through Telangana State Industrial Infrastructure Corporation (TSIIC) and the Finczars consortium, comprising Finczars from Hyderabad, Varma Constructions from Mumbai, and YFC Projects from Gurugram, this iconic structure has been meticulously designed by the renowned architectural firm, Mir Architects & Engineers, based in the Old City. Spanning an impressive 15 lakh sq ft, iTEK Nucleus will not only redefine the skyline but also offer a panoramic view of Hyderabad city from its sky lounge, providing a 360-degree spectacle. Moreover, the tower is on track to receive the esteemed Indian Green Building Council's gold rating, reflecting its commitment to sustainable practices. During the foundation stone laying ceremony, KTR, a key figure in the Telangana government, expressed his enthusiasm for the project. He assured the attendees that the government is dedicated to completing this iconic venture within 36 months, envisioning it as a symbol of modernity and progress for the Old City. KTR emphasised the government's commitment to attracting IT giants to establish their offices within the facility, thereby bolstering the entire ecosystem of the Old City. He highlighted the tower's role in fostering innovation and collaboration, bringing together experts to develop cutting-edge technologies and applications. Additionally, KTR shared the government's broader vision, outlining plans to enhance infrastructure and transportation systems to accommodate Hyderabad's future needs as it continues to rapidly evolve. The city's development includes an ambitious metro rail project covering a total of 415 km, a testament to Hyderabad's commitment to embracing the future while preserving its unique Ganga-Jamuni tehzeeb, a cultural ethos promoting communal harmony.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Infrastructure Urban

06 Apr 2026

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Infrastructure Energy

06 Apr 2026

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..