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
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?