Latest news with #PanchshilRealty
Time of India
01-05-2025
- Business
- Time of India
Panchshil Realty to invest Rs 1,000 crore to develop IT Park in Indore
INDORE : A Pune-based realty company has taken up space on the Super Corridor in Indore to develop an Information Technology (IT) Park with an investment of Rs 1,000 crore. The facility is expected to generate about 10,000 jobs in the tech sector. "This is our first investment outside the state of Maharashtra. We are putting up a million sq ft of IT Park on Super Corridor. This facility will generate about 10,000 jobs and be a boost for the state. We are focused to get GCC companies," said Atul Chordia, chairman, Panchshil Realty on the sidelines of an event. The proposed IT Park will give space to occupants on 10-15 years long lease and eye investment from GCC firms. The Pune headquartered realty firm has delivered more than 32 million sq ft of IT Park in Pune which has generated more than 6 lakh jobs. "We wanted to step out of Maharashtra and got to know about the presence of some large companies in Indore. The plan is to put up a world class facility in Indore and then rent it out to large IT companies on minimum 10-15 years lease. This has been our business model back in Maharashtra," said Chordia. The realty firm has around 500 clients as their occupants in the Pune facility. The firm has delivered 21.49 million across more than 25 office parks and data centres, and another 24.45 million is under-development. The facility houses multinational companies and GCCs like HSBC, Citi Bank, EY, Credit Suisse, IBM, Mastercard and Hyundai. "The MP govt has been instrumental in creating an investor-friendly ecosystem, and their commitment to promoting growth is evident in every step of our journey. MP's contribution to India's services sector is immense, and as we continue to grow, we are also committed to providing skills to underprivileged youth in the IT sector," said Chordia.
Time of India
30-04-2025
- Business
- Time of India
Super Corridor site attracts Rs 1000 cr investment for IT Park
Indore: A Pune-based realty company has taken up space on the Super Corridor in Indore to develop an Information Technology (IT) Park with an investment of Rs 1,000 crore. The facility is expected to generate about 10,000 jobs in the tech sector. "This is our first investment outside the state of Maharashtra. We are putting up a million sq ft of IT Park on Super Corridor. This facility will generate about 10,000 jobs and be a boost for the state. We are focused to get GCC companies," said Atul Chordia, chairman, Panchshil Realty on the sidelines of an event. The proposed IT Park will give space to occupants on 10-15 years long lease and eye investment from GCC firms. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Click Here - This Might Save You From Losing Money Expertinspector Click Here Undo The Pune headquartered realty firm has delivered more than 32 million sq ft of IT Park in Pune which has generated more than 6 lakh jobs. "We wanted to step out of Maharashtra and got to know about the presence of some large companies in Indore. The plan is to put up a world class facility in Indore and then rent it out to large IT companies on minimum 10-15 years lease. This has been our business model back in Maharashtra," said Chordia. The realty firm has around 500 clients as their occupants in the Pune facility. The firm has delivered 21.49 million across more than 25 office parks and data centres, and another 24.45 million is under-development. The facility houses multinational companies and GCCs like HSBC, Citi Bank, EY, Credit Suisse, IBM, Mastercard and Hyundai. "The MP govt has been instrumental in creating an investor-friendly ecosystem, and their commitment to promoting growth is evident in every step of our journey. MP's contribution to India's services sector is immense, and as we continue to grow, we are also committed to providing skills to underprivileged youth in the IT sector," said Chordia.
Yahoo
24-03-2025
- Business
- Yahoo
EON Free Zone II, Kharadi - Panchshil Realty's Office Park Earns Prestigious LEED Platinum Certification
PUNE, India, March 24, 2025 /PRNewswire/ -- In a resounding testament to its unwavering commitment to sustainability and operational excellence, Panchshil Realty proudly announces that EON Free Zone II, Kharadi – Panchshil Office Park has been conferred the LEED Existing Buildings: Operations & Maintenance (EB O+M) v4.1 Platinum Certification by the U.S. Green Building Council (USGBC). This distinguished recognition underscores the development's adherence to the highest global standards of environmental stewardship, energy efficiency, and occupant well-being. Augmenting this extraordinary milestone, EON Free Zone II also holds the LEED Gold certification for Core & Shell development, reaffirming Panchshil Realty's steadfast dedication to integrating sustainable design principles into every facet of its built environment. Distinguished by its remarkable score of 83 out of 100, the certification is a culmination of a meticulous, multi-faceted evaluation process across pivotal sustainability parameters, including: Energy & Atmosphere: A remarkable 90% of the office park's total energy consumption was sourced from renewable avenues such as wind, solar, and hydro power in the preceding year. Water Efficiency: The deployment of advanced conservation mechanisms to optimize resource utilization and minimize wastage. Indoor Environmental Quality: A resolute focus on superior indoor air quality, optimal ventilation, and an environment that enhances occupant comfort and well-being. Materials & Resources: Adoption of sustainable procurement practices, waste minimization strategies, and robust recycling programs aimed at reducing landfill contributions. Sustainable Sites: Implementation of light pollution mitigation measures through judicious and responsible outdoor lighting design. Location & Transportation: Promotion of sustainable mobility solutions with EV charging infrastructure, seamless public transportation connectivity, and occupant wellness-centric initiatives. This remarkable recognition stands as an example to the collective ingenuity, perseverance, and shared vision of our clients, stakeholders, and dedicated teams—each an indispensable contributor to the realization of this enduring sustainability mandate. Meenal Bhatty, Head-ESG of Panchshil Realty stated, "Sustainability is not merely an aspiration but an imperative that informs the very DNA of our developments. This Platinum certification epitomizes our commitment to crafting high-performance, environmentally responsible workspaces that seamlessly harmonize innovation with ecological sensitivity." As Panchshil Realty continues its tireless march towards sustainability-led urban development, this milestone serves as both an achievement and a clarion call to persist in the pursuit of a greener and resilient future. About Panchshil Realty Panchshil Realty is one of India's leading real estate developers with a focus on creating luxury residential and commercial properties that reflect innovation, quality and sustainability. With an emphasis on high-quality urban living, Panchshil continues to set benchmarks in the real estate sector. Photo: View original content to download multimedia: Sign in to access your portfolio
