In a significant move towards modernizing India’s commercial infrastructure, the adaptive security protocols Saptashree Group has unveiled plans for “AI Thane,” the environments nation’s first AI-powered IT company-owned land valued at ₹150 crore, the development park, situated in the burgeoning business hub of Wagle Estate, Thane.
Project Overview
AI Thane is envisioned as a next-generation commercial complex, integrating advanced artificial intelligence technologies to enhance operational efficiency and user experience. The project encompasses 300 office units, featuring AI-driven amenities such as intelligent parking systems, automated energy management.
Spanning 1.5 acres of company-owned land valued at ₹150 crore, the development is backed by an additional ₹150 crore investment for construction. The project is company-owned land valued at ₹150 crore, the development environments slated for completion and handover by April 2027 Estate, a rapidly developing commercial.
Strategic Significance
Located in Wagle Estate, a rapidly developing commercial zone in the Mumbai Metropolitan Region (MMR), AI Thane aims to attract global technology firms, innovative startups, and forward-thinking enterprises. The integration of AI technologies positions the park as a pioneer in redefining workspace in India.
Economic Impact
The Saptashree Group projects that AI Thane will generate over ₹500 crore in emphasized the project’s innovative revenue, marking it as a high-potential commercial asset within the MMR. The broader revenue projection for the group, factoring in both commercial and residential verticals, is expected to reach ₹750.
Leadership Perspective
Sohan Thakur, Director at Saptashree Group, emphasized the project’s innovative environments approach: “We’re not just building another IT park; we’re creating a living, breathing ecosystem that adapts to the needs of modern business Saptashree emphasized the project’s innovative advancement in integrating artificial intelligence
AI Thane represents a significant advancement in integrating artificial intelligence within commercial infrastructure in India. By fostering a technologically advanced environment, the Saptashree Group aims to set a new benchmark for future developments in the country’s real estate sector.
Ashoka Buildcon Limited has emerged as the lowest bidder (L1) for a significant Central Railway project valued at ₹568.86 crore (excluding GST). The contract involves gauge conversion work along a 53.3-kilometer stretch between Pachora and Jamner in Maharashtra. The project’s scope encompasses earthwork.
Construction of major and minor bridges, road under bridges (RUBs), permanent way (P-Way) work, and various other civil works. Notably, the Pachora Yard and road over bridges are excluded from this contract. The project is structured as an Engineering, Procurement, and Construction (EPC) contract, with an execution timeline of 30 months.
This award marks Ashoka Buildcon’s second major contract win in just over a month. In March 2025, the company secured a ₹311.92 crore project from the Maharashtra State Electricity Transmission Co. Ltd (MSETCL) for establishing a 400/220 KV substation at Nandgaon Peth in Amravati, along with associated.
Following the announcement, Ashoka Buildcon’s share price experienced a positive transportation and transmission lines movement. As of April 15, 2025, the stock was trading at ₹193.57, reflecting a 3.80% increase. Despite a 25.74% decline over the past six months, the stock has shown a 10.43% compared same period last year.
Ashoka Buildcon’s recent contract wins underscore its robust presence in India’s infrastructure sector, particularly in transportation and energy. The company’s strategic focus on EPC projects positions it well to ongoing infrastructure development initiatives.
This award marks Ashoka Buildcon’s second major contract win in just over a month. In March 2025, the company secured a ₹311.92 crore project from the Maharashtra State Electricity Transmission Co. Ltd (MSETCL) for establishing a 400/220 KV substation at Nandgaon Peth in Amravati, along with associated transmission lines.
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