IndiaLand supports major MNCs' expansion into tech parks
Real Estate

IndiaLand supports major MNCs' expansion into tech parks

Spain, Madrid-based, Real estate company IndiaLand Group has announced a collaboration with four leading MNCs to facilitate their expansion in India through prominent tech parks in Pune and Coimbatore.

In Pune, US based MNC Regal Rexnord , a manufacturer of electric motors and power transmission components, and Atlas Copco, a Swedish multinational industrial company, have secured grade-one office spaces at IndiaLand Global Tech Park in Hinjewadi. The Tech park boasts an area of approx 5 million sq. ft, and incorporates sustainable features and state-of-the-art infrastructure, underscoring the appeal of Pune?s thriving tech ecosystem.

In Coimbatore, German multinational engineering and technology company Bosch and Cotiviti US based Health Tech Firm, a data and analytics company, offering software and technology-enabled healthcare services, have secured floor spaces in the IndiaLand Tech Park. With a total area of Approx 1.1 million sq ft, the Coimbatore IndiaLand Tech Park is set to become a hub for innovation for the multiple MNCs. These developments fall in line with projections of continued growth in the country's tech space and are expected to drive demand for advanced IT park space by 40%.

The eco-friendly commercial properties have been designed to cater to the unique needs of these MNCs, aligning with the trends in green real estate practices. The offices are projected to come into operation by the first half of 2024, contributing significantly to India's commercial real estate. The development highlights India's potential to become a hub for global businesses and a key contributor to the nation's economic growth and employment opportunities. The country has been acknowledged as a key tech hub, with its leading cities ranking among the top three in the APAC region and the top 10 globally.

Expressing his thoughts on the collaboration, Chairman of IndianLand Group, Harish Fabiani, stated, "We are delighted to welcome Regal Rexnord and Atlas Copco to the Indialands Global Tech Park. Their decision to establish operations here is a testament to Pune's reputation as a leading technology hub. We look forward to supporting their growth and success in our ecosystem."

"We are pleased to see Bosch and Cotivity expand their footprint in Coimbatore," commented SalaiKumaran, CEO at IndiaLand Group. "Their presence will further enhance Coimbatore's position as a burgeoning tech destination and contribute to the city's development as a knowledge-driven economy.?

IndiaLand Group is currently working on launching its IndiaLand Tech Park Tower D and aims to set a benchmark in the Indian commercial real estate market.

Indian commercial real estate market is projected to become an US$8.36 Trillion market by 2028. The company is focusing on offering sustainable infrastructure and modern amenities to foster growth for commercial entities in the tech space.

Spain, Madrid-based, Real estate company IndiaLand Group has announced a collaboration with four leading MNCs to facilitate their expansion in India through prominent tech parks in Pune and Coimbatore. In Pune, US based MNC Regal Rexnord , a manufacturer of electric motors and power transmission components, and Atlas Copco, a Swedish multinational industrial company, have secured grade-one office spaces at IndiaLand Global Tech Park in Hinjewadi. The Tech park boasts an area of approx 5 million sq. ft, and incorporates sustainable features and state-of-the-art infrastructure, underscoring the appeal of Pune?s thriving tech ecosystem. In Coimbatore, German multinational engineering and technology company Bosch and Cotiviti US based Health Tech Firm, a data and analytics company, offering software and technology-enabled healthcare services, have secured floor spaces in the IndiaLand Tech Park. With a total area of Approx 1.1 million sq ft, the Coimbatore IndiaLand Tech Park is set to become a hub for innovation for the multiple MNCs. These developments fall in line with projections of continued growth in the country's tech space and are expected to drive demand for advanced IT park space by 40%. The eco-friendly commercial properties have been designed to cater to the unique needs of these MNCs, aligning with the trends in green real estate practices. The offices are projected to come into operation by the first half of 2024, contributing significantly to India's commercial real estate. The development highlights India's potential to become a hub for global businesses and a key contributor to the nation's economic growth and employment opportunities. The country has been acknowledged as a key tech hub, with its leading cities ranking among the top three in the APAC region and the top 10 globally. Expressing his thoughts on the collaboration, Chairman of IndianLand Group, Harish Fabiani, stated, We are delighted to welcome Regal Rexnord and Atlas Copco to the Indialands Global Tech Park. Their decision to establish operations here is a testament to Pune's reputation as a leading technology hub. We look forward to supporting their growth and success in our ecosystem. We are pleased to see Bosch and Cotivity expand their footprint in Coimbatore, commented SalaiKumaran, CEO at IndiaLand Group. Their presence will further enhance Coimbatore's position as a burgeoning tech destination and contribute to the city's development as a knowledge-driven economy.? IndiaLand Group is currently working on launching its IndiaLand Tech Park Tower D and aims to set a benchmark in the Indian commercial real estate market. Indian commercial real estate market is projected to become an US$8.36 Trillion market by 2028. The company is focusing on offering sustainable infrastructure and modern amenities to foster growth for commercial entities in the tech space.

Next Story
Infrastructure Transport

Anand Vihar and Punjabi Bagh Flyovers Ready

Work on two major road infrastructure projects, the Anand Vihar flyover and the Punjabi Bagh flyover, has been completed but are yet to be opened for public use, according to officials. Located in highly congested areas, work on these projects started around two years ago. "The work on the flyover is complete and it is ready for opening," said a PWD official on Wednesday. According to sources, both the flyovers are likely to be inaugurated closer to the assembly elections in Delhi, scheduled for early next year. During the time the work was under way, motorists faced heavy traffic congestion ..

Next Story
Infrastructure Transport

RDSO finalise oscillation trials on Indore Metro

Indore Metro Phase 1 advances with the completion of oscillation and brake performance trials on the Yellow Line through three coaches manufactured by Alstom conducted by Research Design and Standards Organisation (RDSO). The oscillation trials were conducted with an aim to evaluate the stability and performance of the three different coaches during the movement, ensuring that the commencement of operation on Indore metro meets the safety and performance standard. The Emergency Braking Distance (EBD) was also reviewed by the RDSO team to evaluate the efficient stopping of trains during the op..

Next Story
Infrastructure Urban

IIT Guwahati develops sustainable geopolymer

A research team at the Indian Institute of Technology Guwahati, led by Prof. Anil K. Mishra from the Department of Civil Engineering, has developed an innovative solution to two major global challenges: industrial waste management and sustainable construction. Their research focuses on creating a geopolymer using industrial byproducts and waste materials, such as water treatment sludge (WTS), fly ash (FA), and ground granulated blast furnace slag (GGBS). “With the rapid pace of urbanisation and industrialisation, managing industrial waste has become a critical global issue," said IIT Guwaha..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000