Delhi to have its own World Trade Cen­tre

Hindustan Times (Chandigarh) - Estates - - HT ESTATES - Nam­rata Kohli let­ters@hin­dus­tan­times.com

On 17 May, Venka­iah Naidu, Vice Pres­i­dent of In­dia, laid the foun­da­tion stone of World Trade Cen­ter (WTC) in Nau­roji Na­gar. The project is be­ing de­vel­oped by NBCC (In­dia) Ltd un­der li­cense from WTC, New York.

But first, what is WTC and what is so spe­cial about the WTC net­work? The World Trade Cen­ter As­so­ci­a­tion (WTCA) is a not­for-profit, non-po­lit­i­cal as­so­ci­a­tion ded­i­cated to the es­tab­lish­ment of World Trade Cen­ters as in­stru­ments for in­ter­na­tional trade ex­pan­sion. The WTCA unites cor­po­ra­tions and gov­ern­ment agen­cies in in­ter­na­tional trade. It pro­vides a port­fo­lio of branded of­fices and com­mer­cial real es­tate, along­side an ex­ten­sive suite of trade ser­vices for ten­ants, thereby link­ing them with the rest of the global net­work. Ac­cord­ing to a spokesper­son from NBCC, “The WTCA has 323 li­censed world trade af­fil­i­ates in 88 coun­tries as well as more than 750,000 com­pa­nies and in­di­vid­u­als. This means that a WTC ten­ant or a mem­ber of a lo­cal WTC can lever­age this ecosys­tem of global trade to gen­er­ate op­por­tu­ni­ties and take their busi­nesses abroad.”

WTC, Nau­roji Na­gar is touted as be­ing the first-of-its-kind project in the Delhi NCR re­gion in cer­tain ways. Ac­cord­ing to Anoop Ku­mar Mit­tal, Chair­man and Man­ag­ing Di­rec­tor NBCC, “This world class struc­ture will change the sky­line of New Delhi. The state-of-the-art com­mer­cial hub spread across 25 acres will have 60 lakh sq ft of built-up area and 12 com­mer­cial tow­ers.” NBCC, which has ob­tained ac­cred­i­ta­tion from the WTCA, says that it is con­form­ing to the best stan­dards of com­mer­cial real es­tate- there will be in­te­grated build­ing man­age­ment sys­tems, smart fea­tures for light­ing, heat­ing, ven­ti­la­tion and air con­di­tion­ing (HVAC), safety and se­cu­rity sys­tems and mod­ern waste man­age­ment sys­tems. The busi­ness hub will have in­de­pen­dent of­fices with re­tail out­lets, food court, con­fer­ence fa­cil­i­ties, busi­ness cen­tres, art gal­leries, three-lay­ered base­ment park­ing for 8,014 cars and direct con­nec­tiv­ity from air­port, rail­way and metro sta­tions.

Talk about how tall the WTC at New Delhi will be as com­pared to its Amer­i­can coun­ter­part which was known for its height amongst other things

THE HIGH RISE PROJECT WILL HAVE SEAM­LESSLY IN­TE­GRATED GREEN LAND­SCAPE WITH TWO­LEVEL BASE­MENT PARK­ING

Mit­tal says that the build­ing will not be very tall “due to the project site be­ing in air fun­nel zone, the height of the build­ing will be 10 floors (G +9).”

Ask about the trans­ac­tion of of­fice spa­ces and go­ing rate, as on date, NBCC has al­ready sold nearly 3.4 lakh sqft of­fice space in two of the tow­ers for ap­prox. Rs 1,400 crore to PFC, HDFC, HPCL, SIDBI, En­ergy Ef­fi­ciency Ser­vices, RITES etc. The com­mer­cial space is be­ing sold on free hold ba­sis through e-auction. The re­serve price for e-auction is 37161 Rs/sq ft. The project is likely to be com­pleted by June 2020, con­firms Mit­tal.

An­other thing that WTC is un­for­tu­nately as­so­ci­ated with is the in­fa­mous 9/11 at­tacks on twin tow­ers in US? What all is be­ing done to en­sure safety? Mit­tal says that safety and se­cu­rity will be the top pri­or­ity with lo­ca­tion track­ing be­ing done by mod­ern in­te­grated build­ing man­age­ment sys­tems. There will be boom bar­ri­ers con­trolled by smart tags and dig­i­tal sig­nage to find a way for par­tic­u­lar lo­ca­tion. Lift lob­bies will have op­ti­cal bar­ri­ers. In­tel­li­gent ad­dress­able de­tec­tors and hoot­ers will be de­ployed to warn peo­ple in case of evac­u­a­tion.

Ac­cess con­trol and el­e­va­tors will be blocked as light­ing and sig­nage di­rec­tions turn on au­to­mat­i­cally.

There will be ro­botic com­mu­ni­ca­tion to po­lice and fire au­thor­i­ties with voice and videos. For smoke ex­trac­tion, win­dows will open au­to­mat­i­cally for 10 per cent of glazed area. Rede­vel­op­ment was also agenda for the day and Venka­iah Naidu also laid the foun­da­tion stone for rede­vel­op­ment of Ne­taji Na­gar on the same day, say­ing that the way for­ward for In­dia is ur­ban re­newal, retrofitting and rede­vel­op­ment.

All this is part of the “new ur­ban re­nais­sance” and In­dia is wit­ness­ing rapid ur­ban­i­sa­tion as mil­lions of peo­ple as­pire to look for bet­ter stan­dards of liv­ing. As a re­sult, cities and towns will un­dergo trans­for­ma­tion in com­ing years. NBCC is im­ple­ment­ing Gov­ern­ment’s plan to re­de­velop seven old Gen­eral Pool Res­i­den­tial Ac­com­mo­da­tion (GPRA) colonies for cen­tral gov­ern­ment em­ploy­ees. Three colonies namely Nau­roji Na­gar Ne­taji Na­gar and Saro­jini Na­gar will be built at the cost of Rs 32,000 crore and will be com­pleted by 2022. The Ne­taji Na­gar is be­ing re­de­vel­oped as a smart sub city on 110 acre land where 5000 houses have to be made. This will be a zero waste project, mak­ing use of re­cy­cled water and adopt­ing new tech­nolo­gies for pol­lu­tion con­trol. Equipped with Smart City sus­tain­able fea­tures, the high rise project will have seam­lessly in­te­grated green land­scape with two-level base­ment park­ing for 3,500 cars. There will be shop­ping cen­tres, ef­fi­cient man­age­ment of en­ergy and water re­sources along with cen­tral air con­di­tion­ing and IT-en­abled of­fice en­vi­ron­ment. Saro­jini Na­gar colony shall also be re­de­vel­oped ver­ti­cally as GPRA and shall have com­mer­cial space for sale. Ac­cord­ing to Hardeep S. Puri, Min­is­ter of State (In­de­pen­dent Charge) of the Min­istry of Hous­ing and Ur­ban Af­fairs, “New Delhi could emerge as the world’s most pop­u­lous city by 2028. Hence the gov­ern­ment has em­barked upon planned ur­ban­i­sa­tion The WTC in Nau­roji Na­gar and rede­vel­op­ment of GPRA colony in Ne­taji Na­gar are the most pow­er­ful ex­pres­sion of trans­form­ing and green­ing of the na­tional cap­i­tal ”

BLOOMBERG

World Trade Cen­tres are in­stru­ments of in­ter­na­tional trade ex­pan­sion

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.