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Business Upturn
4 days ago
- Automotive
- Business Upturn
Mahindra Lifespaces and Sumitomo ink strategic pact with Osaka to support Japanese businesses in India
By Aditya Bhagchandani Published on July 18, 2025, 17:15 IST Mahindra Lifespace Developers Ltd., through its subsidiary Mahindra Industrial Park Chennai Limited (MIPCL) and its joint venture partner Sumitomo Corporation, signed a Strategic Cooperation Agreement with the Osaka Government and the Osaka Industrial Development Bureau to facilitate the entry of Japanese companies into India. The agreement, announced on Friday, strengthens India–Japan industrial collaboration by positioning Chennai as a hub for Japanese investments, particularly in manufacturing. Key details of the agreement MIPCL, the developer and operator of Origins by Mahindra , together with Sumitomo, will act as facilitators for Osaka-based companies looking to establish operations in India. They will support business visits, consultations, and knowledge-sharing seminars in Osaka, while the Osaka authorities will identify and recommend potential investors from Japan. The collaboration aims to streamline the process for Japanese firms by offering regulatory guidance, on-ground support, and access to world-class infrastructure, ensuring their smooth entry and expansion into India. Comments from Mahindra Lifespaces leadership Amit Kumar Sinha , Managing Director & CEO, said: 'This partnership reflects our vision to build future-ready ecosystems that align with India's manufacturing ambitions. It underscores our focus on setting new benchmarks through successful Public-Private Partnerships (PPPs), enabling sustainable industrial progress.' Vikram Goel, Chief Business Officer (Industrial), added: 'Our engagement with Osaka marks a milestone in enabling global investments through our industrial ecosystems. 'Origins by Mahindra' is tailored for international manufacturers, offering operational readiness, regulatory support, and integrated infrastructure.' Why Chennai? India's projected GDP growth of 6.3% in FY25, coupled with Chennai's strong port connectivity and industrial ecosystem, make it an attractive destination for Japanese companies. Origins by Mahindra in Chennai already hosts six Japanese clients and spans approximately 600 acres. About the stakeholders Origins by Mahindra, Chennai : A joint venture between Mahindra World City Developers (a PPP with Tamil Nadu Industrial Development Corporation) and Sumitomo Corporation. The cluster is IGBC Platinum pre-certified and strategically located on NH-16, part of the Golden Quadrilateral. Mahindra Group: A multinational federation of companies with a presence in over 100 countries, focused on ESG leadership, rural prosperity, and urban living. This collaboration is expected to deepen India-Japan economic ties, enhance Tamil Nadu's role in global supply chains, and contribute to India's industrial growth story. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Time of India
15-07-2025
- Business
- Time of India
BPTP launches GAIA Residences – first glass façade residential development on Dwarka Expressway
BPTP, one of North India's leading real estate developers, proudly announces the launch of GAIA Residences at Amstoria 102, marking a new era in sustainable vertical living and urban sophistication. This landmark development is the first group housing colony, a residential project with an iconic glass façade on the Dwarka Expressway. The group is proposing to invest ₹3,000 crore to develop a premium 12.05-acre group housing colony adjoining a thriving 140+ acre BPTP ecosystem in Sector 102, Dwarka Expressway, Gurugram and expects to generate a revenue of ₹6,500 crore from this development. The company is developing this group housing colony in phases, comprising around 1,600 apartments. Located within 12.05 acres of BPTP's larger development, GAIA Residences forms the second phase, following the launch of the highly successful Amstoria Verti-Greens . The project will feature three architecturally striking towers, with 531 thoughtfully planned 3 BHK residences, offering future-ready homes for modern families. Of these, sale for one tower is currently frozen and will commence post the shifting of an underground HT line — demonstrating the developer's commitment to regulatory compliance and safety of resident. GAIA Residences is set to attract discerning homeowners looking for a blend of architectural excellence, lifestyle convenience, and future appreciation. 'GAIA represents the next chapter in urban luxury — where form meets the purpose, and every detail speaks of elegance, comfort, and conscious design,' said Amaan Chawla, president, BPTP Group. 'We are building for a generation that values both sophistication and sustainability — and GAIA delivers both in abundance.' Key Highlights of GAIA Residences: adjoining a thriving 140+ acre BPTP ecosystem First residential glass façade on Dwarka Expressway: Iconic glass towers with double-glazed façade to ensure thermal efficiency, enhanced sound insulation, and an unmistakable urban identity. IGBC Platinum pre-certified and engineered to withstand Seismic Zone V standards. Sky gardens in each tower – Vertical retreats at every level GAIA redefines high-rise living with integrated sky gardens offering residents a layered lifestyle experience: Yoga deck at 400 feet – meditate above the city, surrounded by sky and serenity Library lounge at 300 feet – curl up with a book in a calm, elevated setting Co-working llounge at 200 feet – host meetings or work remotely with inspiring views 1.75 lakh sq ft of club & landscape amenities An immersive lifestyle ecosystem that includes: Dedicated club zones with private theatres, sports bar, bowling alley, arcade, banquet hall, cigar lounge & guest suites Indoor sports zone with pickleball court, squash, and badminton courts and outdoor padel courts Wellness spaces – Pilates studio, Turkish hammam, sauna, spa, meditation areas and 4 Swimming pools (2 outdoor, 1 kids pool & 1 indoor pool) Kid-centric amenities – Art & pottery rooms, Leg & robotics labs, dance and music studios, kids' library, tuition centre, and more Over 10,800 sq ft of fitness zones Global-standard design & engineering: Masterplan & urban design - DP Architects, Singapore Interiors - Blink, Singapore Landscape Architecture - Grant Associates, UK Structural Engineering - Whitby Wood, UK Construction - By top-tier Grade-A contractor Highly efficient tower planning: Rectangular living-dining layouts for optimized natural light and ventilation Expansive balconies and sky decks in each tower 7 High-Speed Lifts Per Core to minimize wait times and enhance comfort Unbeatable location & connectivity: Direct frontage on Dwarka Expressway Immediate access to IGI Airport, Aerocity, Global City, and New Diplomatic Enclave Proximity to Dwarka Golf Course, IICC, top-tier schools, hospitals & malls Enhanced access via the new T3 tunnel and surrounding corridors like SPR, NPR & GCR Platinum-rated, zone 5 compliant construction Engineered for longevity and seismic resilience, setting a new benchmark in safe, responsible construction.
United News of India
20-06-2025
- Business
- United News of India
GHR Lakshmi Urbanblocks Infra launches mega residential project
Hyderabad, June 19 (UNI) GHR Lakshmi Urbanblocks Infra LLP, launched Rs 3,169 crore 63-storey luxury residential project, called "The Cascades Neopolis", here on Thursday. Strategically located in Neopolis, Kokapet area, the five 63-storey towers and 217 metre in height, project spread across 7.34 acres, is designed to offer a subline blend of contemporary design, sustainable living and smart home automation and it features 1,189 sustainable apartments along with 10 exclusive triplex penthouses, said designated partners Sharat V (representing Urbanblocks Realty), Lakshmi Narayana G (representing Lakshmi Infra) and Karteesh Reddy M (representing GHR Infra) on the occasion. The company targeted to handover to buyers by March 2030, they said. With a focus on wellness, sustainability and smart living, they claimed that the project, a joint venture by GHR Infra, Laxmi Infra and Urbanblocks Realty, is registered under RERA, is designed 3 BHK and 4 BHK apartments, ranging from a spacious 2,560 sq ft to a sprawling 4,825 sq ft. Priced at Rs 10,000 per sq ft plus amenities and others, the project will be meticulously crafted to address the increasing demand for luxury and smart living spaces that prioritize holistic wellness and environmental responsibility, they informed. Leading global architects roped in to create futuristic structure, they said the project developed with invaluable insights and inputs from leading global consultants including UHA London (concept Architect), Coopers Hill Singapore (landscape Architect), Studio HBA Singapore (interior design-amenities) and Buro Happold from UK (Structural Engineering). With seven levels of parking (two basement plus five podium) ensuring ample space for residents, ground and sky-level amenities, the towers are being visually inspired by the cascading waterfalls nestled within nature, they said. The project will have two helipads, a sky bridge connecting all towers and an expansive two lakh plus sq ft 7-level amenities, including a lavish 50,000 plus sq ft Club house, they said. The project is also aiming for WELL pro-certification (once achieved, it would be the first such residential project in South India) and IGBC Platinum pre-certified, demonstrating an unwavering commitment to global standards for health, wellness and environmental stewardship, they added. UNI KNR SS
