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RSP Developers to invest Rs 600 crore in BTS and institutional space in Gurugram
RSP Developers to invest Rs 600 crore in BTS and institutional space in Gurugram

India Gazette

time2 days ago

  • Business
  • India Gazette

RSP Developers to invest Rs 600 crore in BTS and institutional space in Gurugram

New Delhi [India], June 14 (ANI): Real estate firm RSP Developers will invest Rs 600 crore in built-to-suit (BTS) and institutional space in Gurugram, 'strategically' aimed at assisting large Indian and foreign firms in establishing training and R&D facilities across India, providing end-to-end solutions for their real estate needs. The company aims to create over Rs 1,000 crore in new asset value with this new additional investment commitment of Rs 600 crore over the next 2-3 years. 'Our upcoming planned investments are strategically aimed at assisting large Indian and foreign firms in establishing training and R&D facilities across India, providing end-to-end solutions for their real estate needs,' said Satya Priya Yadav, Co-Founder and Group CEO, RSP Developers. The developer has a portfolio exceeding Rs 2,000 crore in delivered projects and an active development pipeline of over 1.5 million square feet across strategic locations. Commenting on the strategy behind the move, RSP Developers' Group CEO further added that the rising trend for biophilic environments, privacy within the office for the employees, recharge areas, and ideation areas as well as excellent interactive areas for formal and informal interactions, is evolving into a necessity, which pushes the company to provide infrastructure, grabbing the opportunities in Gurugram. 'Our experience in built-to-suit (BTS) customised spaces and willingness to cater to such clients adds to our team's expertise. We are well ensconced to deliver quality projects with specific and unique requirements for global clients,' he added. Founded in 1996, RSP Developers has emerged as a major player in Built-to-Suit (BTS) and institutional real estate. The company has developed nearly 12 acres of a state-of-the-art hub intended to be exclusively dedicated to corporate innovation, R&D and training, which is now leased by the BMW Group and Air India - resulting in a one-of-a-kind training hub in the world. The company will focus on areas that include R&D and Training Hubs in NCR, Wellness-oriented campuses with low-density, green architecture, students' accommodations for a new generation of urban learners, Innovation labs and co-learning zones, EV-ready infrastructure and net-zero campuses. RSP is also making strides in renewable energy, with a 10 MW solar power project underway in Haryana, scalable to 50 MW. It aligns with the firm's sustainability-first ethos, embedded into each stage of design and delivery. (ANI)

RSP Developers Delivers South Asia's Largest Aviation Training Academy in Gurugram
RSP Developers Delivers South Asia's Largest Aviation Training Academy in Gurugram

Business Standard

time23-04-2025

  • Business
  • Business Standard

RSP Developers Delivers South Asia's Largest Aviation Training Academy in Gurugram

NewsVoir New Delhi [India], April 23: RSP Developers, a pioneer in state-of-the-art, sustainable workspaces, has yet again raised the bar by creating one of India's first large-scale, corporate training and innovation campuses in Gurugram's Sector 75. Spread over 12 acres, this hub is now home to two marquee tenants-Air India and BMW Group-each operating world-class, purpose-built training facilities. Selected in mid-2023, the campus now hosts South Asia's largest Aviation Training Academy by Air India, spread across a massive 6,00,000 sq. ft. and purpose-built to support over 20 Full Flight Simulators (FFS) and an emergency evacuation training centre. The project's first phase was delivered within a record six months, with training already underway in early 2024. While the second phase will be operational in the coming months. Designed as a Built-to-Suit (BTS) development by RSP, this landmark facility will train Air India's pilots, cabin crew, ground handling, engineering, and security teams to meet the demands of its expanding fleet. Air India has leased the facility for 21 years, with an estimated annual rent of Rs70 crore--marking one of Gurugram's most significant commercial real estate transactions in recent times. Complementing this is the BMW Group Training Centre, operational since 2014 and also housed within the same innovation campus. Occupying 1,15,000 sq ft, the IGBC Gold-rated centre delivers structured training programs for dealer partners nationwide, spanning management, sales, aftersales, technical, and body training. "Delivering BTS buildings in record time, with cutting-edge design and sustainability at the core, is central to RSP's mission," said Satya Priya Yadav, Group CEO, RSP Developers. "Our vision is to create future-ready, out-of-the-box corporate campuses that reflect global standards." Founded in 1996 by Raj Singh Yadav and Satya Priya Yadav, RSP Developers is known for delivering bespoke, Built-to-Suit workspaces that cater to India's most forward-looking businesses. Clients include the BMW Group, Air India, PolicyBazaar, Droom, IFF, Ceva Logistics, AS Systems, Encore Capital Group, Orange, Swiggy, Koovs, HFCL, Infotel Ltd, Exicom, Punj Lloyd, Tellabs Airworks, Avago Technologies, and Fibcom. With over 1.5 million sq. ft. developed across Gurugram's Sectors 18, 44, and 75, RSP Developers has built a reputation for low-density, environmentally responsible projects backed by single ownership, long-term leasing, and robust financial engineering.

RSP Developers Delivers South Asia's Largest Aviation Training Academy in Gurugram
RSP Developers Delivers South Asia's Largest Aviation Training Academy in Gurugram

Fashion Value Chain

time23-04-2025

  • Business
  • Fashion Value Chain

RSP Developers Delivers South Asia's Largest Aviation Training Academy in Gurugram

RSP Developers, a pioneer in state-of-the-art, sustainable workspaces, has yet again raised the bar by creating one of India's first large-scale, corporate training and innovation campuses in Gurugram's Sector 75. Spread over 12 acres, this hub is now home to two marquee tenants-Air India and BMW Group-each operating world-class, purpose-built training facilities. RSP Developers Delivers South Asias Largest Aviation Training Academy Selected in mid-2023, the campus now hosts South Asia's largest Aviation Training Academy by Air India, spread across a massive 6,00,000 sq. ft. and purpose-built to support over 20 Full Flight Simulators (FFS) and an emergency evacuation training centre. The project's first phase was delivered within a record six months, with training already underway in early 2024. While the second phase will be operational in the coming months. Designed as a Built-to-Suit (BTS) development by RSP, this landmark facility will train Air India's pilots, cabin crew, ground handling, engineering, and security teams to meet the demands of its expanding fleet. RSP Developers Delivers South Asias Largest Aviation Training Academy Air India has leased the facility for 21 years, with an estimated annual rent of Rs70 crore-marking one of Gurugram's most significant commercial real estate transactions in recent times. Complementing this is the BMW Group Training Centre, operational since 2014 and also housed within the same innovation campus. Occupying 1,15,000 sq ft, the IGBC Gold-rated centre delivers structured training programs for dealer partners nationwide, spanning management, sales, aftersales, technical, and body training. 'Delivering BTS buildings in record time, with cutting-edge design and sustainability at the core, is central to RSP's mission,' said Satya Priya Yadav, Group CEO, RSP Developers. 'Our vision is to create future-ready, out-of-the-box corporate campuses that reflect global standards.' Founded in 1996 by Raj Singh Yadav and Satya Priya Yadav, RSP Developers is known for delivering bespoke, Built-to-Suit workspaces that cater to India's most forward-looking businesses. Clients include the BMW Group, Air India, PolicyBazaar, Droom, IFF, Ceva Logistics, AS Systems, Encore Capital Group, Orange, Swiggy, Koovs, HFCL, Infotel Ltd, Exicom, Punj Lloyd, Tellabs Airworks, Avago Technologies, and Fibcom. With over 1.5 million sq. ft. developed across Gurugram's Sectors 18, 44, and 75, RSP Developers has built a reputation for low-density, environmentally responsible projects backed by single ownership, long-term leasing, and robust financial engineering.

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