Latest news with #ManikMalik
Time of India
15 hours ago
- Business
- Time of India
Urban India's data moment
India is in the middle of one of the largest urban transformations in the world. With nearly half its population expected to live in cities by 2050 (UN data), the question is no longer whether India can build smarter cities, it's how fast and how effectively it can scale them. The Smart Cities Mission , launched in 2015, laid the foundation by reimagining 100 cities with technology-enabled governance, better infrastructure, and citizen-centric design. A decade later, the contours of this vision are becoming visible. Of the 8,067 projects sanctioned under the Mission, 94%, worth ₹1.64 lakh crore, are already complete. Every city under the programme now has an Integrated Command and Control Centre (ICCC), powered by IoT, AI, and analytics to manage urban services in real time. From traffic management to water supply, Indian cities are beginning to test the power of data as the backbone of governance. But as industry leaders point out, the next chapter must move beyond individual projects. What India needs is a framework for living cities: scalable, adaptive, and rooted in sustainability. Cities as living organisms Kushal Kunder, chief operating officer of ANJ Group, offers a compelling metaphor. 'The future of India's smart cities won't be defined by sensors or Wi-Fi poles, it will be defined by how we create cities that behave like living organisms,' he says. In his view, tomorrow's cities will run on a real-time data nervous system, with integrated grids of energy, water, and mobility forming the lifeblood, and sustainability serving as the soul. Achieving this requires moving towards Urban Operating Systems. These are unified platforms where transport, housing, utilities, and governance work in sync rather than as silos. Data as the new foundation of city building The evolution is already visible on the ground. Manik Malik, CEO of BPTP, notes that the conversation has shifted from showcasing tech pilots to embedding them in everyday life. 'India's smart city vision is advancing from small pilots to scalable, practical solutions. While the initial emphasis was on demonstrating technology, today the approach focuses on seamlessly integrating AI, AR, and data-driven tools into everyday urban services,' he says. For businesses, this data revolution means sharper insights into demand patterns, pricing trends, and commute flows. 'Data is no longer just a buzzword… The combination of technology-driven information and human assurance is making city development more confident and future-ready,' Malik adds. Closing the gaps: Regulation and financing Even as the vision sharpens, challenges remain in aligning execution. Anand Pandit, chairman and managing director of Sri Lotus Developers, points out that regulatory frameworks are yet to catch up. 'There is still a lack of specific legislation tailored to smart urban solutions. This leads to delays in approvals, often slowing down projects that rely on cutting-edge technologies or new urban models,' he says. Financing is another hurdle. While intent is strong, funding for smart infrastructure is still viewed through a short-term lens. Kunder warns that infrastructure ROI spans 15–20 years, but political and financial cycles often cap investment horizons at five years. Without intergenerational financing, India risks keeping cities locked in pilot mode. Collaboration with purpose The consensus among leaders is clear: the future of smart cities lies in rethinking public–private collaboration. 'For too long, PPP has meant Public–Private Partnership. In the new urban era, it must mean Public–Private Purpose,' says Kunder. Governments, in this view, provide the canvas, private developers bring innovation, and citizens co-create the final outcome. Rohit Mohan, chief design and sustainability officer at Godrej Properties, believes these partnerships must be designed with accountability. 'Clear outcome-based contracts and sustainability-linked KPIs are essential. Above all, citizen co-creation must be at the core: building with communities, ensuring adoption, ownership, and long-term impact,' he says. The human-centric smart city What unites these perspectives is a call to put people—not just technology—at the center of urban transformation. Pandit highlights mixed-use development, walk-to-work ecosystems, and renewable energy mandates as essential for healthier cities. Mohan underlines open data standards and interoperability to ensure inclusivity and long-term resilience. India's urban growth story is no longer about isolated experiments. It is about creating cities that are self-learning, self-sustaining, and future-ready. Cities where businesses, governments, and citizens share the same purpose. As Kunder sums up: 'India's real transition will not be when we can showcase 100 smart cities. It will be when every Indian city becomes smart for its citizens when pilots scale, when silos collapse, and when sustainability is no longer optional but inevitable.' At Future Proof Realty by ET Studios , these very questions will take centre stage. The show will spotlight what it takes to future-proof India's urban growth. The big takeaway? India's smart city vision is no longer just about smart infrastructure. It is about making cities responsive, resilient, and ultimately, human. Key takeaways for industry stakeholders Scale is the new benchmark: smart cities must evolve beyond pilots into integrated is the foundation: analytics is transforming decision-making for planners, developers, and buyers horizons must expand: intergenerational models are needed to unlock long-term is shifting to co-creation: PPP must evolve into Public–Private is non-negotiable: from policy mandates to KPIs, green resilience is central to urban planning. Know More:
Mint
25-07-2025
- Business
- Mint
BPTP Provides Civil Works Contract for Gaia Residences & Verti Greens to BL Kashyap & Sons Ltd
Gurugram, July 24, 2025: BPTP, a real estate developer in North India announced the award of the civil works construction contract for its residential developments GAIA Residences and Verti Greens on Sector 102 Dwarka Expressway, Gurugram to BL Kashyap & Sons Ltd. (BLK), a well-known construction company in India. Manik Malik, CEO, BPTP said that 'BPTP is pleased to announce the awarding of the civil works contract for the construction of Gaia Residences and Verti Greens, of an approximate 4.2 million square feet Built Up area of premium residential development on Dwarka Expressway, to BL Kashyap & Sons Ltd. The total contract is valued at approximately Rs.910 crores, highlighting the scale and aspiration of this project in Gurugram. Gaia Residences and Verti Greens are part of BPTP's Amstoria community, aiming to establish new benchmarks in design excellence, sustainability, and aspirational living in the NCR region. The projects also involve design partners like DP Architects (Singapore), Aedas (Singapore), Grant Associates, Blink Singapore, Whitby Wood, , Geocon, Nulty Dubai and Sanelac, among others. Additional construction related packages including MEP, façade, interiors, landscaping, and others will be awarded later, amounting to a significant sum. With BL Kashyap & Sons Ltd. leading the construction and an internationally recognised team shaping the vision, BPTP anticipates that Gaia Residences and Verti Greens will contribute to redefining urban residential living, delivering thoughtfully crafted spaces that offer value to future residents.' BPTP is a real estate developer with a presence in the Delhi-NCR region. The company has delivered over 25,000 homes, as well as various residential and commercial projects that combine cutting-edge design, modern architecture, and sustainable living solutions. Known for its innovative and customer-focused approach, BPTP continues to develop urban properties through development, amenities, and a commitment to excellence, transparency, and efficient living. Note to the Reader: This article is part of Mint's promotional consumer connect initiative and is independently created by the brand. Mint assumes no editorial responsibility for the content.
Business Standard
23-07-2025
- Business
- Business Standard
BPTP Awards Rs. 910 Crore Civil Works Contract for Gaia Residences & Verti Greens to BL Kashyap & Sons Ltd.
NewsVoir Gurugram (Haryana) [India], July 23: BPTP, one of North India's leading real estate developers pleased to announce the award of the civil works construction contract for its landmark residential developments GAIA Residences and Verti Greens on Sector 102 Dwarka Expressway, Gurugram to BL Kashyap & Sons Ltd. (BLK), one of India's most trusted construction companies. Manik Malik, CEO, BPTP said that "BPTP is pleased to announce the awarding of the civil works contract for the construction of Gaia Residences and Verti Greens, together spanning over an approximate 4.2 million square feet Built Up area of premium residential development on Dwarka Expressway, to BL Kashyap & Sons Ltd. The total contract is valued at approximately Rs. 910 crores, underscoring the scale and ambition of this marquee project in Gurugram. Gaia Residences and Verti Greens are integral to BPTP's flagship Amstoria community, envisioned to set new benchmarks in design excellence, sustainability, and aspirational living in the NCR region. The projects also brings together world-class design partners like DP Architects (Singapore), Aedas (Singapore), Grant Associates, Blink Singapore, Whitby Wood, , Geocon, Nulty Dubai and Sanelac, among others. Multiple additional construction related packages including MEP, facade, interiors, landscaping, and others will also be awarded in due course, amounting to approximately Rs. 1000 crores. With BL Kashyap & Sons Ltd. spearheading the construction and an internationally acclaimed team shaping the vision, BPTP is confident that Gaia Residences and Verti Greens will redefine urban residential living, delivering thoughtfully crafted spaces that offer enduring value to our future residents." BPTP is one of India's most trusted and leading real estate developers, with a strong presence in the Delhi-NCR region. The company has delivered over 25,000 homes, as well as numerous landmark residential and commercial projects that blend cutting-edge design, modern architecture, and sustainable living solutions. Known for its innovative and customer-centric approach, BPTP continues to redefine urban luxury through future-first development, premium amenities, and a commitment to excellence, transparency, and elegant, efficient living.
Fashion Value Chain
23-07-2025
- Business
- Fashion Value Chain
BPTP Awards Rs. 910 Crore Civil Works Contract for Gaia Residences & Verti Greens to BL Kashyap & Sons Ltd.
BPTP, one of North India's leading real estate developers pleased to announce the award of the civil works construction contract for its landmark residential developments GAIA Residences and Verti Greens on Sector 102 Dwarka Expressway, Gurugram to BL Kashyap & Sons Ltd. (BLK), one of India's most trusted construction companies. BPTP Amstoria Verti Greens Manik Malik, CEO, BPTP said that 'BPTP is pleased to announce the awarding of the civil works contract for the construction of Gaia Residences and Verti Greens, together spanning over an approximate 4.2 millionsquare feet Built Up area of premium residential development on Dwarka Expressway, to BL Kashyap & Sons Ltd. The total contract is valued at approximately Rs. 910 crores, underscoring the scale and ambition of this marquee project in Gurugram. Gaia Residences and Verti Greens are integral to BPTP's flagship Amstoria community, envisioned to set new benchmarks in design excellence, sustainability, and aspirational living in the NCR region. The projects also brings together world-class design partners like DP Architects (Singapore), Aedas (Singapore), Grant Associates, Blink Singapore, Whitby Wood, , Geocon, Nulty Dubai and Sanelac, among others. Multiple additional construction related packages including MEP, faade, interiors, landscaping, and others will also be awarded in due course, amounting to approximately Rs. 1000 crores. With BL Kashyap & Sons Ltd. spearheading the construction and an internationally acclaimed team shaping the vision, BPTP is confident that Gaia Residences and Verti Greens will redefine urban residential living, delivering thoughtfully crafted spaces that offer enduring value to our future residents.' BPTP GAIA Residences About BPTP BPTP is one of India's most trusted and leading real estate developers, with a strong presence in the Delhi-NCR region. The company has delivered over 25,000 homes, as well as numerous landmark residential and commercial projects that blend cutting-edge design, modern architecture, and sustainable living solutions. Known for its innovative and customer-centric approach, BPTP continues to redefine urban luxury through future-first development, premium amenities, and a commitment to excellence, transparency, and elegant, efficient living.
News18
22-07-2025
- Business
- News18
BPTP Group awards Rs 910 cr construction contract to BL Kashyap & Sons
Last Updated: New Delhi, Jul 22 (PTI) Realty firm BPTP Group has awarded Rs 910 crore contract to BL Kashyap & Sons for its housing projects in Gurugram. In a statement on Tuesday, BPTP said it has awarded Rs 910 crore civil works contract for two projects — Gaia Residences and Verti Greens– to BL Kashyap & Sons Ltd. Manik Malik, CEO of BPTP, said the two projects together have about 4.2 million square feet of built-up area of premium residential development on Dwarka Expressway. BPTP has delivered over 25,000 homes so far, mainly in Delhi-NCR. The company has developed commercial projects. Earlier this month, BPTP Group said it will invest Rs 3,000 crore to develop a premium housing project in Gurugram as part of its expansion plan. The company is developing a 12.05-acre project in Sector 102 on Dwarka Expressway, Gurugram, comprising around 1,600 apartments. BPTP is developing this project in three phases. The company launched the first phase 'Amstoria Verti Greens' earlier this year, comprising 885 homes. Recently, BPTP launched the second phase 'GAIA Residences' with 531 apartments. PTI MJH MJH BAL BAL Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
