World’s second tallest statue at Hyderabad at Rs 1,000 crore
AVIATION & AIRPORTS

World’s second tallest statue at Hyderabad at Rs 1,000 crore

Hyderabad will soon site the world’s second tallest statue, the first one being the Buddha statue in Thailand. The saint Ramanuja’s panchaloha statue at Hyderabad will be built with an investment of Rs 1,000 crore.

The 216-ft statue in a seated posture is almost seeing completion of the financial closure for Rs 250 crore to be spent in the first phase. Further, the shipment of the giant statue of 700 tonne has already commenced in parts from China and the construction of the platform is under way, according to reports.

China-based Aerosun Corporation has been given the contract of the statue and a team of 60 professionals will commence assembling it at project site in Munchintal village near Shamshabad international airport. Apart from the statue, the project also includes 108 Vaishnava divya kshetras in the 34-acre around the statue. The project is on the look to enlist best known sculptors from across the country. A Chinese colour fountain with a revolving mini statute of Ramanujacharya, a golden deity of him weighting 120 kg to symbolise 120 years of his life and achievements are other specialites in the project, which is expected to open to public by November 2017.

Hyderabad will soon site the world’s second tallest statue, the first one being the Buddha statue in Thailand. The saint Ramanuja’s panchaloha statue at Hyderabad will be built with an investment of Rs 1,000 crore. The 216-ft statue in a seated posture is almost seeing completion of the financial closure for Rs 250 crore to be spent in the first phase. Further, the shipment of the giant statue of 700 tonne has already commenced in parts from China and the construction of the platform is under way, according to reports. China-based Aerosun Corporation has been given the contract of the statue and a team of 60 professionals will commence assembling it at project site in Munchintal village near Shamshabad international airport. Apart from the statue, the project also includes 108 Vaishnava divya kshetras in the 34-acre around the statue. The project is on the look to enlist best known sculptors from across the country. A Chinese colour fountain with a revolving mini statute of Ramanujacharya, a golden deity of him weighting 120 kg to symbolise 120 years of his life and achievements are other specialites in the project, which is expected to open to public by November 2017.

Next Story
Infrastructure Urban

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Next Story
Real Estate

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Next Story
Infrastructure Transport

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?