Mindspace REIT demolishes two old buildings in Hyderabad; to develop 1.6 million sq ft building

September 23, 2023

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NEW DELHI: Mindspace Business Parks REIT (Mindspace REIT) has demolished two 18-year old buildings located at Mindspace Madhapur using Implosion Technology. This paves way for asset spread across approximately 1.6 million sq ft that shall offer expansion and consolidation spaces within the business park.

Ramesh Nair, CEO, K Raheja Corp Investment Managers, manager to Mindspace Business Parks REIT said, “This not only saves us time and money but also lets us get our spaces out there quicker.”

Edifice Engineering was awarded the contract of implosion. The buildings were brought down in just 6-8 seconds, a culmination of meticulous planning over several months by the team. Edifice Engineering partnered with Jet Demolition. a South Africa-based firm.

The new asset is expected to be completed by Q3 FY27.

The process of implosion entails the precise placement of explosive materials and the orchestrated timing of their detonation. This technique is employed to ensure that a structure collapses in, on itself, within a matter of seconds, while minimizing any potential physical damage to its immediate surroundings.

  • Published On Sep 23, 2023 at 06:30 PM IST

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