Page 38 - September 2015 Digital Construction Opportunities

TICKER TAPE: ConsTRuCTIon Te company will be investing not yet disclosed the timeline beautifcation of the Ambazari will be developed on 134.2 acres over `1,000 crore to develop and investment to set up the Lake. Maharashtra Tourism and domestic industries will be the centre named as Cummins manufacturing unit. Essel Development Corporation established on the remaining Technical Centre India. The has already applied to the (MTDC) will be executing 120.03 acres. Of the 134.2 project will come up at Kothrud. State government to acquire the lake’s beautifcation works. acres of SEZ, 95 industrial The Centre will be equipped the land for establishing the Apart from the STP and lake plots will be developed on the with more than 36 engineering manufacturing unit. The rejuvenation works, the project core area of 44.52 acres, while testing laboratories and would company also plans to set up a also involves the development of hotel, township, auditorium, be linked online to support similar project in Telangana. the Amabazari garden on BOT hospital, school, training the company’s other R&D basis. centre, administrative building centres in America, England, MUSIC INSPIRED among others will be built on Germany, France, China and TOWNSHIP LAUNCHED DATAWIND the remaining 53.33 acres of the Brazil. Te Centre will employ Nirvana Realty along with FOR TWO NEW non-core area. Furthermore, a total of 2,500 engineers. In Disha Direct, India’s leading MANUFACTURING basic amenities like roads, addition, about 5-80 per cent real estate marketing brand has UNITS water, electricity, streetlights, of the technology work will be launched India’s first music- Wireless web access products boundary wall, sewer network, done for the company’s global inspired township ‘City of and service developer, common effluent treatment businesses from the centre. Te Music’. Designed by legendary Datawind, plans to set up its plant, plantation among others centre is expected to be fully architect Hafeez Contractor and two manufacturing units in will be developed on the operational by 2016. located at Khopali-Pali Road, India to meet the local customer remaining 36.47 acres by private Maharashtra and is developed demand requirements. Te two developers. On the proposed BLACKSTONE- over 22 acres. Centered units to be launched in the domestic production area of PANCHSHIL TO completely on the theme of next six months are expected to 120.03 acres, industrial plots will JOINTLY DEVELOP IT music, the integrated township help the company in reducing be developed on 73.12 acres and SEZ involves luxury weekend homes, its dependence on imported parking, road, electricity, water, Blackstone Group Lp and villas and theme resort and fnished products from China. solid waste management and Panchshil Realty plan to invest offers world class amenities Of the two new units, the other facilities on the remaining `750 crore to develop a 15-acre and recreation facilities. Apart company plans to launch one 46.90 acres. information technology (IT) from the township, the project in south and the later in eastern special economic zone (SEZ) also involves an open air part of the country. Te company CENTRE CLEARS in Pune’s Kharadi area. The concert area, musical gardens, has an assembly unit in Amritsar INDO-NEPAL PIPELINE initiative is the second phase swimming pool with underwater and a manufacturing facility for PROJECT of Eon Free Zone, India’s frst speakers, rhythmic fountains, touch panels. The Central government has notifed IT SEZ and a fully-built zones dedicated to music and cleared the construction of an and leased out 4.5 million sq. f a landscape embedded with DIAMOND PARK oil pipeline from Raxaul India of ofce space across 45 acres. hidden speakers. Te resort also PROJECT IN INDORE to Amlekhgunj in Nepal. Te The investment is dedicated has a recording studio with an The Madhya Pradesh pipeline will supply petrol, to purchase land for project instrument zone, a library, wall government plans to construct diesel and ATF to the Himlayan development. Unlike Phase-I, of music, themed restaurants, a Diamond Park Project in its regions. Tough the 41 km long the new project will have an music academy and a museum, commercial capital of Indore. pipeline project was proposed in increased FSI of 3 from FSI spa. Te project is frst-of-its- Te project will be developed 2006 it was delayed due to the of 1. With this increased FSI, kind initiative in India. under a PPP (public private fnancial glitches. Te cost of around 2 million sq. f of space partnership) mode and will construction will be fully funded can be developed. Blackstone STP TO TREAT be set up at Rangwasa village by Indian Oil Corporation will occupy a 50 per cent stake AMBAZARI LAKE by Audyogik Kendra Vikas in exchange for Nepal’s in this project as well. Maharashtra government Nigam. Within the project area, commitment of purchasing its plans to set up a sewerage a Special Economic Zone (SEZ) products for at least 15 years. u ESSEL TO SET UP treatment plant in the Wadi MANUFACTURING area. Te project is a part of the UNIT IN AP Ambazari Lake rejuvenation Mumbai-based Essel Group project planned by the Nagpur will set up a solar module Municipal Corporation. The manufacturing unit in Andhra STP will address the lake’s Pradesh. The unit will be contamination and resolve constructed in three phases the pollution concerns. An and will be spread on 20 acres. investment of about `60 crore The company however has has been allocated for the 38 construction opportunities|sEPTEMBER 2015