iTEK Nucleus IT tower signals Hyderabad's tech revolution
Real Estate

iTEK Nucleus IT tower signals Hyderabad's tech revolution

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.

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.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement