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ProjectX India is a fortnightly digital publication from Mumbai, which aims to track multi-sector projects from India. Each issue covers project information on 100+ projects from 40-45 sectors of the Indian economy. It is available in downloadable PDF Format which is emailed every fortnight. The projects are identified at various stages such as Conceptual, Planning, Tendering, Contract Award, Under Implementation, Commissioned, Operations & Maintenance, etc. The project information is provided in easy to read format along with the nearest contacts available. The information available is highly recommended to Material / Equipment / Project Vendors, EPC Contractors & Sub-Contracts, Manufacturers, Labour Contractors, Domestic & Foreign Investors, Bank & Financial Institutions, Research & Consultancy service providers, Foreign Embassies, Engineering and Consultancy Firms, Builders & Developers, Construction and Building material suppliers, Material Handling Equipment companies & suppliers, Logistics & Transport sector companies, Steel & Cement Companies, Mining companies, Railways & Metro rail sector, CPSE, Government bodies / organisation, Tendering Authorities, anyone to everyone who is interested in project opportunities and contacts to grow their business or identify the right provider. Visit our website www.projectxindia.com to explore our subscription plans and advertising opportunities.
ProjectX India is a fortnightly digital publication from Mumbai, which aims to track multi-sector projects from India. Each issue covers project information on 100+ projects from 40-45 sectors of the Indian economy. It is available in downloadable PDF Format which is emailed every fortnight.
The projects are identified at various stages such as Conceptual, Planning, Tendering, Contract Award, Under Implementation, Commissioned, Operations & Maintenance, etc. The project information is provided in easy to read format along with the nearest contacts available.
The information available is highly recommended to Material / Equipment / Project Vendors, EPC Contractors & Sub-Contracts, Manufacturers, Labour Contractors, Domestic & Foreign Investors, Bank & Financial Institutions, Research & Consultancy service providers, Foreign Embassies, Engineering and Consultancy Firms, Builders & Developers, Construction and Building material suppliers, Material Handling Equipment companies & suppliers, Logistics & Transport sector companies, Steel & Cement Companies, Mining companies, Railways & Metro rail sector, CPSE, Government bodies / organisation, Tendering Authorities, anyone to everyone who is interested in project opportunities and contacts to grow their business or identify the right provider.
Visit our website www.projectxindia.com to explore our subscription plans and advertising opportunities.
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15TH FEBRUARY 2022 | ISSUE NO. 44
191 PROJECTS | CONTRACTS | TENDERS
WWW.PROJECTXINDIA.COM
BOOSTING MANUFACTURING
ProjectX India | 1st December 2021
Project Leads For Your Business
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15th February 2022
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PROJECTX INDIA
© Copyright 2022 Sandeep Ravidutt Sharma - All rights reserved.
In no way is it legal to reproduce, duplicate, or transmit any part of this
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Disclaimer Notice:
Please note the information about projects, tenders, and contracts
contained in ProjectX India is collected through extensive research
and is provided only for the reference of the readers. The contact
information provided in this book should not be construed as an invitation
by the respective company or official to solicit further business. These
contacts are purely compiled from sources as available in the public
domain from the respective company or official. Every attempt has
been made to provide the reader accurate, up to date and reliable
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which are incurred as a result of the use of information contained
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Title: ProjectX India
Edition: 44
Editor: Sandeep Ravidutt Sharma
Published by: ProjectX
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West, Mumbai Metropolitan Region (MMR), Maharashtra - 401303.
If you have further questions, contact on Tel: +918779279155 / 8779373203
Email: sandeepraviduttsharma@gmail.com | editor@projectxindia.com
4
1st February 2022
CONTENTS
7
Cover Story: Solar Sector
BOOSTING MANUFACTURING
Many countries including India are on the lookout for clean energy
sources which safeguards the environment as well as contribute to the
economic growth. India has committed to meeting its 40% of electricity
requirement from non-fossil energy sources by 2030 as part of its
Nationally Determined Contributions at COP 21. India has achieved
great progress in solar power generation and is now concentrating on
solar manufacturing in order to become self-reliant in this area.
11 OPPORTUNITIES TRACKER
Assam attracts sixteen ethanol projects
Gravton Motors to setup a new unit in Telangana
Godrej Properties to invest in DB Realty and take up redevelopment projects
Tata Power to setup EV charging stations at Apollo Tyres outlets
Greenko ties up Ayana for power storage biz
21 MW solar power plant in Buldhana by Airtel
14 RAILWAYS
Mumbai-Nagpur bullet train project update
Indian Railways to introduce double-decker trains
ORIDL to implement five railway projects in Odisha
L&T to construct viaduct for the Mumbai-Ahmedabad HSR project
Visvesraya railway terminal is being developed as world-class station
35 CONSULTANCY SERVICES
18 AIRPORT
22 BREWERIES/DISTILLERIES
27 CEMENT
31 CHEMICALS
34 CONSTRUCTION
46 DRUGS/PHARMA
47 ELECTRIC VEHICLES
49 ETHANOL
54 FIRE SAFETY SYSTEM
58 HEALTHCARE
62 IRON AND STEEL
68 OIL AND GAS
73 POWER
77 REAL ESTATE
91 SMART CITIES
87 SAFETY AND SURVEILLANCE
106 WAREHOUSING/LOGISTICS
120
REAL ESTATE
MERUSRI
DEVELOPERS’
PARTNER WITH
XANADU REALTY
TO LAUNCH ITS
NEW-AGE VILLAS IN BENGALURU
OTHER SECTIONS
Editor’s Note............................................6
Projects Section....................................15
* Numerals denote page numbers
5
15th February 2022
EDITOR'S NOTE
BOOSTING MANUFACTURING
The economic activities largely depend on the availability of electricity. The
electricity generation based on fossil fuels is not desirable, as it pollutes the
environment and due to this the growth is not sustainable. Many countries
including India are on the lookout for clean energy sources which safeguards the
environment as well as contribute to the economic growth. India has committed
to meeting its 40% of electricity requirement from non-fossil energy sources by
2030 as part of its Nationally Determined Contributions at COP 21. India has
made rapid strides in generating solar power and is about to become a leader
in this space. India solar energy generation is mainly based on imported solar
modules. The local solar manufacturing is yet to take off in a grand way, the
current subsidy offered for the imported modules is likely to be stopped from
April 1 and Custom duty will be levied. To boost domestic solar manufacturing,
the Government has announced number of scheme such as Production linked
incentive scheme, CPSU scheme, and others. In the next 2-3 years, the country
hopes to setup complete ecosystem for Solar manufacturing. In this issue, we
have focussed on solar manufacturing sector and presented our analysis and
opportunities about the same.
ProjectX India | 15th February 2022 edition provides you with power-packed
information on 191 projects, contracts and tenders from 53 sectors and subsectors
of the Indian economy. In this issue we have covered 81 projects
in Conceptual/Planning Stage, 22 Contract Awards, 24 Projects Under
Implementation, 62 Tenders, and 2 other projects.
Some of the prominent projects and announcements covered in this issue
include: 100 KLD Grain Based Ethanol plant at Patashi; 15 MW solar power plant
at Lunglei; hydraulic hoses unit at Pune; 300 MWAC capacity solar power plant
in Kutch; 400 KLD water treatment plants at Ranchi; 600 KWp Grid Connected
solar plant at Varanasi; API Manufacturing Unit at Chincholi; auto components
manufacturing unit at Bengaluru; solar power plant at Balodabazar; Warehouse
at Kundi village; C&D Waste Processing Plant in Sagar City; ICCC for Silvassa;
cement manufacturing at Bharuch; colour coated steel coils manufacturing at
Patiala; Safal Riviera Springs project at Shela; Dharamshala Mecleodganj road;
construction of veterinary Hospital at Buxi Bazar Cuttack; Water Proofing works
at CWPRS Pune; Captive POL jetty at Kamarajar Port; EV Charging System
in New Secretariat; grain based fuel ethanol plant at Sundargarh; Steel Plant
at Polanga; Development drilling in Cauvery basin; Kohinoor Viva City project
at Pune; Ethanol unit at Dhule; expansion of Carbon Black Manufacturing
at Paddhar; expansion of cement production capacity at Nalheri Dehviran;
expansion of clinker capacity at Langcherui; and many more.
Thank You and Happy Reading.
Editor & Founder
Sandeep Ravidutt Sharma
Editor@ProjectXIndia.com
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Registered Office
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Digitally Published and owned by Sandeep
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Author / Editor: Sandeep Ravidutt Sharma
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are used for illustrative purposes only.
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or individuals advertising in this digital
publication. We therefore recommend that
the readers make necessary enquiries
before entering into any agreements with
advertisers or otherwise acting on any
advertisement in any manner whatsoever.
6 1st 15th MAY February 2021 2022
COVER STORY
PROJECTX INDIA
SOLAR SECTOR
BOOSTING MANUFACTURING
The economic activities largely depend on the availability of electricity. The
electricity generation based on fossil fuels is not desirable, as it pollutes the
environment and due to this the growth is not sustainable. Many countries
including India are on the lookout for clean energy sources which safeguards the
environment as well as contribute to the economic growth. India has committed
to meeting its 40% of electricity requirement from non-fossil energy sources by
2030 as part of its Nationally Determined Contributions at COP 21. This goal was
met in November 2021 itself. As of 30.11.2021, the country’s installed Renewable
Energy capacity is 150.54 GW (solar: 48.55 GW, wind: 40.03 GW, Small hydro
Power: 4.83, Bio-power: 10.62, Large Hydro: 46.51 GW), whereas its nuclear
energy-based installed capacity is 6.78 GW. This takes the total installed nonfossil
energy capacity to 157.32 GW, accounting for 40.1 percent of total installed
electrical capacity of 392.01 GW. Sandeep Sharma takes a look at the
opportunities available in the solar manufacturing sector.
7
15th February 2022
OPPORTUNITES TRACKER
PROJECTX INDIA
Altigreen ties up with
Massive Mobility to set up
25000 EV charging stations
Commercial EV maker Altigreen has tied-up
with EV charging solutions start-up Massive
Mobility to install 25,000 on-demand charging
stations in the next two years. The Massive-
Altigreen charging network will be accessible
to all EVs, regardless of ownership, type,
brand, or model, and motivate other EV
manufacturers to standardise EV charging
infrastructure.
RailTel to setup Edge Data Centres across
102 locations
The RailTel is seeking partners to establish the Edge Data Centres in the Railway
premises and land across 102 locations, especially Tier-2 and Tier-3 towns. The
proposed Edge Data Centres will offer services based on market requirements
including health, education and skill development sectors with selected partners.
Drillmec SpA to setup oil rig and ancillary
equipment unit in Telangana
Italy-based company Drillmec SpA has decided to setup a massive global oil rig and
ancillary equipment manufacturing hub in Telangana. The company will be investing
INR 1500 crore in this project. The facility will come up in around 150 acres and another
20 acres will be used for setting up training centre.
PVR signs up with M3M India to setup
multiplex at 65th Avenue
PVR has recently signed an agreement with real estate developer M3M India to open
an eight-screen multiplex at 65th Avenue, Gurugram's newest and most opulent retail
property. M3M India's 65th Avenue is a posh retail property near M3M Golfestate and
Trump Towers on Gurugram's renowned Golf Course Road. It is spread over 14 acres,
has one million square feet of retail area, and cost Rs 4,000 crore to construct.
Gravton Motors to setup a new unit in
Telangana
Gravton Motors plans to set up a greenfield unit in the state of Telangana with an
investment of Rs 150 crore by the end of 2022. The company has developed an
electric bike under the brand Quanta. The company is scouting for land in and around
Hyderabad for its new unit. The project will be funded through a mix of internal and
external borrowing.
Fisker technical
centre in Hyderabad
California-based EV maker Fisker
Inc plans to setup a technical centre
in Hyderabad, Telangana. Fisker also
plans to establish a manufacturing
base in the country for its new car
named 'Pear'. For its manufacturing
operations, Fisker is partnering up
with Taiwanese electronics contract
manufacturer Foxconn.
Havells establishes a
new washing machine
at Ghiloth
Havells India Limited has recently
opened a new washing machine
manufacturing facility at Ghiloth,
Rajasthan. The greenfield factory,
which is spread over 50 acre in Ghiloth,
aims to boost Lloyd's washing machine
production capacity with a target output
of 3 lakh units per year. The plant has
the capacity to produce around 5 lakh
units per year.
Centre to setup 100
Sainik Schools in J&K
The Centre has decided to set up 100
Sainik schools in Jammu and Kashmir
under Sainik Schools Society, Ministry
of Defence on affiliation basis through
partnership of states, NGOs and
private partners. The Sainik Schools
Society is in the process to grant
approval to the interested schools to
function under its aegis. This scheme
would provide an opportunity for
students throughout the country to
march ahead in tune with National
Education Policy (NEP) along with
following the Sainik school curriculum.
The scheme aims at providing Sainik
school pattern of education to a larger
cross-section of aspiring students all
over the nation.
*Images used is for illustration only
13
15th February 2022
Projects
Contracts
Tenders
15
15th February 2022
PROJECT LEADS
PROJECTX INDIA
9
Sector Automotive Components
Location Panchmahal Gujarat
Auto components manufacturing unit at
Panchmahal
Project Stage Conceptual/Planning
Est. Value (Rs. Cr) NA
Details
Sandhar Engineering has filed an IEM application in December 2021 for the manufacture of
Auto Components with a capacity of 35000000.00 nos.
Sandhar Engineering Private Limited
Contact
Narendra Dogra, Director, Plot no 13, Sector 44, Gurugram-122002, Haryana. Phone:
0124-4518900, Email: enquiries@sandhar.in, corporate.secretarial@sandhar.in
10
Sector Automotive Components
Location Faridabad Haryana
Hydraulic hoses unit at Faridabad
Project Stage Conceptual/Planning
Est. Value (Rs. Cr) NA
Details
Gates India has filed an IEM application in December 2021 for the manufacture of Hose
Assemblies at Faridabad, Haryana. The plant capacity will be 2700000.00 Meters
Gates India Private Limited
Contact
Rajesh Chamanlal Bhandari, Managing Director, 3rd floor, Building # 10, Tower C DLF
Cyber City, Phase-II, Gurugram, Haryana - 122002. Phone: 0124-4933535
20
15th February 2022
PROJECT LEADS
PROJECTX INDIA
19
Sector Breweries/Distilleries
Location Sitapur Uttar Pradesh
Grain based distillery in Sitapur
Project Stage Conceptual/Planning
Est. Value (Rs. Cr) NA
Details
Radico Khaitan has decided to setup a new greenfield grain based distillery in Sitapur, UP with
production of upto 330 KL per day.
Radico Khaitan
Contact Abhishek Khaitan, Managing Director, Plot No. J-I, Block B-I, Mohan Co-operative
Industrial Area, Mathura Road, New Delhi-110044. Phone: 011-40975444, 555, Fax:
41678841/42, Email: info@radico.co.in, agrawalm@radico.co.in, banthiyadk@radico.
co.in
20
Sector Breweries/Distilleries
Location Gorakhpur District Uttar
Pradesh
Establishment of Molasses / Cane Juice based
distillery at Rithiya
Project Stage Conceptual/Planning
Est. Value (Rs. Cr) NA
Details
U P State Sugar Corporation is seeking environment clearance for Establishment of Molasses
/ Cane Juice based distillery having capacity 120 KLD along with 5.0 MW Co gen Power at
khasra No – 317 Mi in vill - Rithiya, Khasra no – 319 mi, 317mi, 316 Mi, 178 Mi, 181 Mi, 182,
319 mi, 178 mi, 1260 / 1, 1267 in village: Tadaiv, Khasra no – 1259 in vill – Pipraich, Block :
Pipraich, Tehsil : Sadar , Distt; Gorakhpur (UP).
U.P. State Sugar Corporation Limited
Contact Ramakant Pandey, Managing Director, Vipin Khand, Gomti Nagar, Lucknow - 226010,
Uttar Pradesh. Phone: 0522-2307895, Email: upstatesugarcorporation@gmail.com,
upsugarfed@yahoo.co.in
25
15th February 2022
PROJECT LEADS
PROJECTX INDIA
59
Sector Consumer Durables
Location Pune Maharashtra
Household refrigerators manufacturing at Pune
Project Stage Conceptual/Planning
Est. Value (Rs. Cr) NA
Details
IFB Refrigeration has filed an IEM application in December 2021 for the manufacture of Direct
Cool & Frost Free Household Refrigerators with 1200000.00 units capacity at Pune.
IFB Refrigeration Limited
Contact
1) Soumitra Goswami, Managing Director, C/O, IFB Industries Limited, Plot No. L-1,
Verna Electrocnic City, Salcete, South Goa, Goa - 403722. Email: soumitra_goswami@
ifbglobal.com 2) IFB Industries Limited, D-60, Okhla Industrial Area, Phase-I, New Delhi
- 110020. Phone: 011-43217700, 41613165, Email: delhi_sales@ifbglobal.com
60
Sector Crane
Location Rajasthan
Fixing of Wire Rope of Gantry Crane of Bisalpur
Project Stage Tendering
Est. Value (Rs. Cr) NA
Details
Providing and fixing of Wire Rope of Gantry Crane and allied works of Bisalpur dam. The bid
due date is 23-Feb-2022. (Tender Id: 2022_WRDAS_259018_1).
Government of Rajasthan
Contact
Executive Engineer, Water Resources Department, Construction Division-III Bisalpur
Project Deoli (Tonk), Rajasthan.
45
15th February 2022
PROJECT LEADS
PROJECTX INDIA
143
Sector Roads/Highways/Bridges
Location Lucknow Uttar Pradesh
Bridge connecting Banyan point and Island
Garden
Project Stage Contract Award
Est. Value (Rs. Cr) 0.03
Details
Council of Scientific and Industrial Research has awarded the contract to Grafh Engineers for
1) Construction of bridge connecting Banyan point and Island Garden near central lawn in
garden at NBRI, Lucknow. 2) Construction and installation of Gate at Nursery Section of Cactus
House. The contract value is INR 399700.00.
Council of Scientific and Industrial Research
Contact 1) Poonam Gupta, Head Engineering Services Division (ESD), Post Mohkampur,
District: Dehradun - 248005, Uttarakhand. Phone: 0135-2525844, 2525869, 2525858,
Email: esd@iip.res.in 2) Grafh Engineers, 12/13, Karbala Market, Dr. Taraknath Marg,
Near Meena Bakery, Rajajipuram, Lucknow - 226017, Uttar Pradesh. Phone:
09628067014
144
Sector Safety and Surveillance
Sytems
CCTV Surveillance System at Raisen
Location Raisen Madhya Pradesh
Project Stage Tendering
Est. Value (Rs. Cr) 0.04
Details
Providing and fixing of Remote CCTV Surveillance System and to make it operational at 132
KV S/s Raisen and Bareli. The bid due date is 03-Mar-2022. (Tender ID: 2022_MPPTC_184339_1).
MP Power Transmission Co. Limited
Contact Superintending Engineer (400 KV) , Block G-1, Administrative Building, Bijlinagar
Colony, Govindpura, Bhopal, Madhya Pradesh. Phone: 0755–2586441, Email: se400ss.
bpl@mptransco.nic.in
87
15th February 2022
PROJECT LEADS
PROJECTX INDIA
157
Sector Smart Cities
Location Dharamshala Himachal
Pradesh
Construction of Dharamshala Mecleodganj road
Project Stage Tendering
Est. Value (Rs. Cr) 1.45
Details
Construction of Dharamshala Mecleodganj road km 0/000 to 2/000 (Portion Gandhi Park to by
pass Junction Kala pul) in Tehsil Dharamshala, Distt. Kangra HP.(Deposit work under Smart
City Mission). Sub Head - Cement concrete pavement, Paver block, steel work, Crash barrier
and Grating etc. The bid due date is 23-Feb-2022. (2022_PWD_56686_1).
Dharamshala Smart City Limited (DSCL)
Contact Kadam Sandeep Vasant IAS, MD & CEO, Old Himuda Building, Chilgari, Dharamshala,
Himachal Pradesh - 176215. Phone: 01892-226677, 223669, Email: dscltender@gmail.
com
158
Sector Smart Cities
Location Jammu Jammu and
Kashmir (U.T)
Ramp based Parking at Ahata Poonch
Project Stage Tendering
Est. Value (Rs. Cr) 20.57
Details
Engineering, procurement and construction of Ramp based Parking at Ahata Poonch House in
Jammu Smart City. The bid due date is 24-Feb-2022. (Tender ID: 2022_SPV_160188_1).
Jammu Smart City Limited
Contact Avny Lavasa, Chief Executive Officer, Jammu Smart City, Town Hall Building, Gumat,
Jammu - 180001. Phone: 0191-2544366, Email: info@jammusmartcity.org
94
15th February 2022
PROJECT LEADS
PROJECTX INDIA
189
Sector Water Treatment
Location New Delhi Delhi
O&M of water treatment plant at Janpath
Project Stage Tendering
Est. Value (Rs. Cr) NA
Details
Operation and all inclusive comprehensive maintenance of water treatment System at Bharat
Sanchar Bhawan, H.C. Mathur Lane, Janpath, New Delhi. The bid due date is 19-Feb-2022.
(Tender ID: 2022_BSNL_105296_1).
Bharat Sanchar Nigam Limited (BSN)
Contact
Vikas Anand SDE (EP), Executive Engineer (Elect), Electrical Division-II, Eastern Court,
Janpath, New Delhi - 110001. Phone: 011-23328102, Mobile: 9643232648, Email:
eeebsnled2@gmail.com
190
Sector Water Treatment
Location Ranchi Jharkhand
400 KLD water treatment plant at Ranchi
Project Stage Tendering
Est. Value (Rs. Cr) 0.91
Details
E-tenders are invited for the design, supply, construction, installation, and commissioning of
400 KLD Water Treatment Plant at CMPDI Colony Complex Ranchi on Turnkey Basis and
Comprehensive operation Maintenance (COAMC) for 5 years after one year warranty period.
The bid due date is 01/03/2022. (Tender ID: 2022_CMPDI_232823_1).
Central Mine Planning and Design Institute Limited
Contact 1) Binay Dayal, Chairman-cum-Managing Director, Phone: 0651-2230001, 2230002,
Fax: 2230003, Email: cmd.cmpdi@coalindia.in 2) Satyendra Singh, CM(Civil)
CMPDIL(HQ), Kanke Road, Ranchi - 834008, Jharkhand. Mobile: 8235903689 3)
Rakesh, Dy Mgr(Civil), Mobile: 9644594972
110
15th February 2022
REAL ESTATE
PROJECTX INDIA
MERUSRI DEVELOPERS' PARTNER WITH XANADU REALTY
TO LAUNCH NEW-AGE VILLAS IN BENGALURU
After a successful foray into the Bengaluru market
and establishing itself as the leading real estate sales
and marketing consultancy organisation in the
country, Xanadu Realty has signed up a fresh pact
with South India based developer Merusri for
launching a new-age themed villa project in North
Bengaluru. Merusri partnered with Xanadu Realty for
project conceptualisation, sales, and marketing of its
new villa project in Devanahalli, housed next to the
prestigious House of Hiranandani, just 25 mins from
Hebbal.
Xanadu Realty has established itself as a strong
player across luxury, premium and affordable
segments, developing breakthrough sales and
marketing solutions for developers through its 4P
approach of Process, People, Practice and
Performance. Adding villas as a new category to its
portfolio, Xanadu Realty is now associating with
Merusri Developers to launch their new themed villa
project in North Bengaluru.
Vikas Chaturvedi, CEO Xanadu Realty, said, “Villas
have always been at the pinnacle of residential
housing aspiration, and the pandemic has seen
consumers feel the need for larger housing. In
addition, the work-from-home phenomenon has made
consumers want separate personal and professional
spaces within the home, which has led to increased
demand for villas in many markets. We are excited to
partner with Merusri to bring this wonderful villa
project to the market and to introduce customers to a
new way of living.”
Merusri has developed a new-age villa living concept
that amalgamates the prestige and independence of
a villa while retaining the comforts and convenience
of modern-day life. North Bengaluru’s existing and
upcoming civic and social infrastructure have been
attracting customers. The project, born out of the
developer’s core brand belief of providing earthcentric,
accessible new-age villa living, offers a large
clubhouse with best-in-class amenities.
“We are at the cusp of a large growth cycle and are
excited to partner with Xanadu Realty to bring our
first large villa development to market. We started to
fill the gap of clarity and trust in real estate by
creating marquee developments with the promise of
quality and transparency leading to customer
satisfaction as our core values.”, said Mr.
Venkateswara Reddy, CEO and Managing Director
Merusri Developers.
Post the pandemic, villa development has seen a
surge in demand, with home seekers preferring larger
independent living spaces. Merusri Developers,
understanding the pulse of home seekers, are
launching villas with best-in-class lifestyle and luxury
amenities, strategically located in North Bengaluru on
the National Highway 44 and with excellent
connectivity to the city. The upcoming project
addresses the needs of today’s home buyers and
caters to the need gap of a villa development at an
attractive price point.
Merusri Developers is a leading plot and villa
developer in North Bengaluru and was founded in
2014 by Mr. Venkateswara Reddy, alumni of IIT
Madras. Before entering real estate, Mr. Reddy had
worked as a research scientist with IBM to make
transactions easy and dependable while providing
new-age luxury villa living for the modern consumer.
Establishing its presence in Bengaluru, Merusri has
already completed three plotted developments and
has two ongoing projects. Backed with 90 acres of
land in North Bengaluru, Merusri plans to launch five
new projects within the next two years.
Source: Corporate Press Release
112
15th February 2022
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