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Looking ahead, we look at the top private commercial projects in India that officially broke ground in the last quarter. Our analysts have compiled a list of top commercial projects in Q3 of 2022 based on their summaries, areas, and investment details. A summary of the top commercial projects initiated during the previous quarter is presented in this article.
Top 5 Commercial Projects Initiated in Q3 – 2022 in India
1. Srinivasan Global Tech Park Phase 3, Bangalore
Srinivasan Associates Private Limited (SAPL) is developing a commercial project named Global Tech Park at GTP Think Campus Electronic City Phase-2. Mindspace Architects are appointed as the project’s consultant design architects, while Pragathi Consultants, Bangalore as structural engineer consultants.
|Project Name||Srinivasan Global Tech Park Phase 3, Bangalore|
|Latitude and Longitude||12.848651, 77.680007|
|Scope of work||One building comprising 2 basements, a ground floor, and 10 upper floors will be constructed.|
|Project Status||The basement work is in progress.|
|Consultant – Design Architect||Mindspace Architects|
|Consultant – Structural Engineer||Pragathi Consultants, Bangalore|
|Land Area (in acres)||2.01 acres|
|Construction Area (SqFt)||8,57,000 SqFt|
|Construction Cost (INR)||INR 257 crore|
2. Pooja The Harvest, Kokapet
Pooja The Harvest is a Grade-A commercial space in the centre of Kokapet with a modern design approach to suit new-age local and international firms, giving them an upscale environment and a distinguished position. Five M&T Designer & Consultants and Design Tree Service Consultants Private Ltd. are appointed as the project’s consultant design architects. Innotech Engineering Consult Private Limited is the project’s consultant for structural engineering, mechanical/HVAC engineering, electrical engineering, and plumbing/public health engineering.
|Project Name||Pooja The Harvest, Kokapet|
|Latitude, Longitude||17.402418, 78.331932|
|Scope of work||One Tower comprising 3 basements, a Ground Floor and 22 Upper Floors.|
|Project Status||Initial site set-up work is in progress.|
|Consultants – Design Architects||5 M & T Designer & Consultants and Design Tree Service Consultants Private Ltd.|
|Consultant – Structural Engineer||Innotech Engineering Consult Private Limited|
|Land Area (in acres)||3.22 acres|
|Construction Area (SqFt)||9,35,082 SqFt|
|Construction Cost (INR)||INR 467 crore|
3. Ashoka Commercial Development, Nashik
Ashoka Buildcon Limited is developing a commercial building on Plot.no.1, S. No. 113/2/A, at village Wadala, Nashik. Ravi Amrutkar and Associates are the design architect consultants for this project.
|Project Name||Ashoka Commercial Development, Nashik|
|Latitude, Longitude||19.974236, 73.791826|
|Scope of work||The project proposes the construction of 2 commercial buildings with 50 offices.|
|Project Status||Block A : Finishing work is in progress.|
Block B : Footing work is in progress.
|Consultant – Design Architects||Ravi Amrutkar And Associates|
|Land Area (in acres)||2.04 acres|
|Construction Area (SqFt)||4,70,951 SqFt|
|Construction Cost (INR)||INR 164 crore|
4. Zoho Office Building, Kappalur
|Project Name||Zoho Office Building, Kappalur|
|Latitude, Longitude||9.828305, 78.038875|
|Location||Madurai, Tamil Nadu|
|Scope of work||The corporation has purchased the land, and Phase 1 of construction has already begun.|
|Project Status||Initial site set-up is in progress.|
|Consultant – Design Architects||Rogers Design & Build Private Limited|
|Land Area (in acres)||40 acres|
|Construction Cost (INR)||INR 300 crore|
5. Pragati Empire IT Park, Utran
A commercial project and IT park called “PRAGATI EMPIRE IT PARK” has been planned by Pragati Infra for Mota Varachha-Utran, Surat. Technocrat Consultant is the project’s structural engineer consultant.
|Project Name||Pragati Empire IT Park, Utran|
|Latitude, Longitude||21.23472, 72.87125|
|Scope of work||The project will consist of two buildings: Building A will have a basement, ground floor, and seven upper levels; Building B will have a basement, ground floor, and thirteen upper floors.|
|Project Status||Ground floor work is in progress.|
|Consultant – Design Architects||Technocrat Consultant|
|Land Area (in acres)||1.64 acres|
|Construction Area (SqFt)||4,587,36 SqFt|
|Construction Cost (INR)||160 crore|
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Disclaimer: The information in this article is gathered using data from Biltrax Construction Data’s proprietary platform. This article uses feature images that may not be representative of the project; they are merely for illustration purposes.