On National Technology Day, we delve into India’s remarkable progress in artificial intelligence, real estate, and power infrastructure, highlighting key projections for future growth.
Artificial IntelligenceReal EstatePower InfrastructureNational Technology DayIndiaReal EstateMay 11, 2025
National Technology Day is celebrated on May 11th to commemorate the anniversary of the Pokhran nuclear tests conducted in 1998, highlighting India’s technological achievements and progress.
According to a Deloitte report, India's AI surge is expected to require an additional 45–50 million square feet of real estate for data centers by 2030.
The report projects an incremental power requirement of 40–45 terawatt-hours (TWH) for data centers by 2030 to support AI growth.
The government has launched the National AI Strategy to promote AI research, development, and deployment. They are also offering incentives and simplifying regulatory processes to facilitate the growth of AI-related industries.
Challenges include a shortage of skilled professionals, ethical and moral implications such as data privacy and job displacement, and the need for robust real estate and power infrastructure to support data centers.
Real estate developer Concorde acquires 1.6-acre land parcel on Sarjapur Road, Bangalore, to develop a high-rise residential complex with a GDV of Rs 200 crore.
Bollywood actor Anupam Kher has purchased a commercial office space in Mumbai's Andheri area for ₹3.88 crore, while other actors like Kangana Ranaut and Ajay Devgn have also invested in commercial properties to earn high rental yields.
Arvind SmartSpaces Limited (ASL) has launched a new residential project in Bengaluru, enhancing their portfolio and targeting a top-line potential of Rs 600 crore. The project, located on ITPL Road near Whitefield, is poised to strengthen the company's pr
Under the leadership of Chief Minister Eknath Shinde, the Maharashtra government is aggressively pushing forward with numerous infrastructure projects to drive economic growth and achieve its vision of becoming a trillion-dollar economy.
Wells Fargo, one of the largest banks in the United States, is reportedly planning to move its headquarters to San Francisco. The bank has hired Eastdil Secured, a real-estate investment bank it sold in 2019 but still maintains a minority stake in, to adv
Mr. Binwade, the Chief Executive of the Maharashtra Government, has announced the launch of the 'One State, One Registration' scheme by April. This new initiative will simplify the process of property registration, allowing residents to execute sale deeds