Twenty-eight leading Canadian urban infrastructure, Internet of things (IoT) and artificial intelligence (AI) companies visited India last month to explore collaboration opportunities with Indian businesses in the infrastructure and smart cities sector.
As Santa Claus time comes closer, I look at the ‘gifts’ that we received in 2017. The positives include the ease of doing business rating, Moody's giving India a positive ratings update and the GDP growth factor. In the affordable housing segment, we expect the PPP model to take off and make a major difference.
Timely completion and handover of a project, while ensuring the highest level of quality – this is how Dr Niranjan Hiranandani, Co-Founder & Managing Director, Hiranandani Group, described the completion of a 16-storey commercial building made to global standards in 18 months. Spanning over 14.5 acre and comprising 2 million sq ft of space, the commercial structure TCS Olympus Centre is situated in Hiranandani Estate, Thane; which was inaugurated by Devendra Fadnavis, Chief Minister of Maharash
Heard of the single largest IT facility owned by a single company in the country? Tata Consultancy Services (TCS) is making headlines for its recently operational building Olympus Centre in Thane. And, remarkably, the Hiranandani Group completed Phase-1 of the project - which was inaugurated by Maharashtra Chief Minister Devendra Fadnavis - in a record 18 months as against the initial estimated 24 months!
Over the years, this powerhouse has emerged as a leading surface transportation infrastructure company and is widely recognised as the pioneer of public partnership in India's surface transportation sector.
Bengaluru and Hyderabad together recorded over 50 per cent of total pan-India IT space take-up. IT, ITeS occupiers have taken a big leap in office lease transactions in the last 15 years. Office space demand from them increased from 1.4 million sq ft in 2001 to 15.2 million sq ft in 2015.
The recent cyclone and rains in Chennai has certainly brought to the fore the imperatives of constructing buildings that can effectively withstand the furry of natural disasters. Despite being an integral part of our building code, the implementation of disaster-related components has often been compromised by the industry due to multiple reasons.
In West Bengal, Tata Group is on an expansion mode after the Singur debacle. Tata Group Chairman Cyrus Mistry could be right in saying the Tatas have never left West Bengal. The group's major investments in Bengal are from Tata Metaliks, Tata Consultancy Services (TCS), Indian Hotels and Tata Hitachi. At the moment, TCS, Indian Hotels and Tata Hitachi are in an expansion mode, sources said.