A Cut Abov
Construction Week|August 2016

T Chitty Babu, chairman & CEO, Akshaya Pvt. Ltd, explains why their project – ABOV – is going to stand out amongst its peers.

Brief us about your current and upcoming projects.

Since 1995, Akshaya has 11.2 million sq-ft of real estate space, including ongoing and successfully delivered projects; of which 85% is in residential and 10% in office spaces. We are experimenting with premium villa plots, CBD zone big ticket luxury apartments in the heart of the city, the redevelopment of a landmark building as a JV project and are also scouting for opportunities in our stronghold OMR area as well as the new suburbs like Porur and beyond. Although this year the realty sector is slowly recovering from the slump experienced over the past two to three years, we are cautiously optimistic and testing out different project options. Our latest project is Earth with an overall 1.3 million sq-ft of plotted developments, out of which 4 lakh sq-ft is already sold out.

You operate across four cities in South India. How different are these markets and how do you handle their intricacies?

We have been operating in Chennai plus three other cities, which includes many projects launched in Coimbatore, Trichy and Salem. Out of the 156+ projects, we currently have four projects. In Coimbatore, Project Halton has been delivered and Orbit11 is in the final stage of completion, while Tiruchy Rich is in the developing stage and Hill Ville at Salem is in the approval stage.

Among your many pioneering projects is the tallest tower of Tamil Nadu, ABOV, which will stand at 132m. Tell us more about the project.

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM CONSTRUCTION WEEKView All

TAILINGS STORAGE FACILITY (TSF) IN NEVADA

This tailings storage facility, or TSF, in northern Ne-vada has now selected AGRU MicroSpike geomembrane liner for three phases of its expansion. So far, this facility has included almost 9 million square feet of AGRU liner.

2 mins read
Construction Week
June 2021

MEMORIES OF A FUTURE

Harshavardhan Neotia, chairman, Ambuja Neotia Group, believes in the art of looking back to help him better the lives of generations to come

6 mins read
Construction Week
June 2021

TATA MOTORS ‘CONSTRUCK' RANGE OF MINING TIPPERS: PRODUCTIVITY GUARANTEED!

The Mining sector is the backbone of the country’s growing economy, by providing valuable raw materials required by all major Industries.

3 mins read
Construction Week
June 2021

LATEST DRIVE TECHNOLOGY FOR THE VÖGELE SUPER 1400I PAVER

Powerful John Deere engine reduces fuel consumption and emissions

2 mins read
Construction Week
June 2021

MAKE THEM STRONG

It’s important that experts step in to give the right advice and solutions

4 mins read
Construction Week
June 2021

HIGH IN THE SKY

Cranes are ubiquitous across the country today what with millions of crore of infrastructure projects in the pipeline

6 mins read
Construction Week
June 2021

GREEN CODES

Green buildings and construction requires strict adherence to codes. Let us not tarnish them

6 mins read
Construction Week
June 2021

TATA MOTORS CONSTRUCK HIMILER RANGE- RUN MORE. EARN MORE.

In spite of a challenging global pandemic environment during last fiscal, the tipper segment has witnessed a good recovery and positive growth in most markets.

3 mins read
Construction Week
May 2021

SMOOTH OPERATORS

Road paving and compacting equipment is seeing much demand

5 mins read
Construction Week
May 2021

INDIA'S POWER CONSUMPTION GROWS NEARLY 45 PC IN FIRST HALF OF APRIL

Power consumption in the country grew nearly 45% in the first half of April to 60.62 billion units (BU) over the corresponding period a year ago, showing robust recovery in industrial and commercial demand of electricity, according to power ministry data.

1 min read
Construction Week
May 2021
RELATED STORIES

Opening An Education Franchise

Reasons for opening an education franchise and which to consider

3 mins read
The BOSS Magazine
September 2019

THIS KITCHEN NEVER SLEEPS

THIS KITCHEN NEVER SLEEPS WHEN THE PANDEMIC SHUT SCHOOLS, THE WORLD’S LARGEST NOT-FOR-PROFIT MID-DAY MEAL PROVIDER CHANGED COURSE FOR A NEW CHALLENGE—COVID RELIEF

10+ mins read
India Today
May 31, 2021

Night curfew may be imposed, warns TN

CHENNAI: The Tamil Nadu government warned on Friday that night curfew will be imposed in the state if restrictions that come into force on Saturday to check the COVID- 19 pandemic do not work.

1 min read
Gulf Today
April 10, 2021

‘If Tamil Nadu assembly is hung, I will back govt without Stalin, EPS'

In an interview with Arun Ram, Kamal Haasan said his party was here for the long haul to see the end of DMK & AIADMK. “One is a venomous reptile, it’s head is gone, but its tail is twitching; the other has a head; it is an alive & kicking animal,” he said. Excerpts from the interview:

2 mins read
The Times of India Mumbai
March 16, 2021

NR Raghuram & Co: One of the Leading Suppliers of Building and Valuation Services

Almost every business needs to know the value of its tangible and intangible assets, products, and intellectual property, and consumer and supplier relations with fast-moving regulatory and accounting requirements. Business Valuation provides information on creditors’ financial and ongoing planning, it is the simple way an organization can focus financially on the company’s strategic aspects. Business and company analyses are closely analyzed in order to find the true value of the market from quality and quantity.

2 mins read
Siliconindia - India Edition
February 2021

MUCH TO SEE, SIGHTSEE & SEEK

Dams, waterfalls, landmarks, spiritual & religious shrines…

9 mins read
Coimbatore Travel & Shop
January 2021

Homely hospitality

EXPERIENCE WHOLESOME, NATURAL, LEISURELY STAY AT THE GRAND REGENT

2 mins read
Coimbatore Travel & Shop
January 2021

Take A Break, Make Memories

Kodaikanal, Pollachi, Valparai, Wayanad, Mysore...

10 mins read
Coimbatore Travel & Shop
January 2021

STAY POSITIVE & KEEP GOING

JAGJIT SINGH MAJHA, CMD PCL HOUSING AND PRESIDENT, CREDAI PUNJAB IS A ONE MAN ARMY WHO STAY POSTIVE AND TAKE EACH DAY AS A NEW CHALLENGE

3 mins read
Urban Melange
January 2021

FASO establishes a ‘winning' presence

KPR launched its brand FASO innerwear and athleisure wear in 2019, which has received an enthusiastic response in the market. In an exclusive interview, E K Sakthivel, Executive Director, KPR Mill Limited, provides detailed insights into the FASO brand, USPs, and future plans

3 mins read
The Textile magazine
November - December 2020