Projects!  
 


Digital City Project at a Glance -The Digital City is Stellent’s flagship project. This knowledge-centric infrastructure development project, which will be executed under the guidance of Principal Architect Olivier Vidal, will be a modern, self-sustaining satellite city in West Gwalior. The township is projected to develop into a counter-Magnet City by the Special Area Development Authority (SADA) of Madhya Pradesh, drawing people from overpopulated urban centers such as Delhi.

The project encompasses 1,000 acres of land. This will comprise 400 acres for educational facilities and education-related industries, including pre-primary to graduation schooling facilities, private and foreign universities, an IT Park, an industrial park and a special economic zone. The project has 500 acres for residential purpose, which will cater to the economically weak section as well as the middle and higher social strata. The remaining 100 acres will go towards a commercial area, including shopping, entertainment and retail facilities.

The mixed-land-use development is centered on creating and applying knowledge, which will drive commercial developers and demand for housing. The complete chain of demand and supply will ensure that the Digital City is a self-sustaining project.

The Digital City adheres to the ‘walk to work, walk to school’ concept. All amenities and institutions will be within walking distance of the home. This ties into the overarching goal of maintaining a pollution-free environment. Stellent envisions a marriage between nature, knowledge and commerce. This will be facilitated by ample greenery in the Digital City, as well as the application of Green Building construction techniques. Buildings will be designed and operated in a resource-efficient manner in order to reduce their overall impact on the environment. Automatic sensors that detect when a room is not in use will reduce energy consumption, and proper segregation and disposal of garbage, water recycling and rainwater harvesting systems will contribute to an eco-friendly environment.

Because of the type and size of the investment, the Digital City has strong Federal and State Government support.

 

The Idea behind the project:

The Digital City project was conceived by Stellent’s Managing Director, Mr. Jagjit Singh Kochar. It was motivated by a desire to create a township that offered its residents a holistic lifestyle supported by world-class amenities and state-of-the-art working and living conditions. The project is driven by inclusion theory—implying that all sections of society benefit—and is premised on the idea that knowledge is the foundation and key driver of economic growth. The project is underpinned by an understanding of the aspirations of the Indian mind: education, self-improvement, achievement, health and happiness.

India’s impressive economic growth has brought with it a growing demand for housing and infrastructure. In addition, the pending foreign university bill means that the education system will soon be opening up to allow access to foreign universities. The Digital City capitalises on these developments, and aims to create a new industrial zone that provides young Indians excellent jobs and placements within their own country. The educational facilities and the industries that will follow will ensure that the growth and development of the Digital City are continuously sustainable. In the long run, the project is intended to contribute to the development of the country.

 

Timeline:

The Digital City acquired official project status on July 13, 2007, with the signing of a memorandum of understanding (MoU) between Stellent and the Madhya Pradesh SADA. The MoU outlined the allotment and acquisition of 1,000 acres of land for the project. The subsequent project developments are as follows:

September 28, 2007: The Digital City Project was approved by PCIB, vide letters number MPTRIFAC/PCIB/2007/2482 & 2479.

October 20, 2007: Stellent deposited Rs.1.5 crore to SADA as earnest money.

June 23, 2008: The project was awarded the Mega Project status by the APEX-level committee, under the chairmanship of the Honorable Chief Minister; vide letter number F 20/08/08/B/11.

September 18, 2008: Stellent deposited Rs.1.24 crore to SADA to meet the authority’s Rs.2.75-crore demand. The allotted land was subsequently frozen in preparation for Stellent acquisition, at a price of Rs.20 lakh per acre; vide letter number SADA/2356/09. Stellent has since been instructed by the Government to pay the actual cost of acquisition based on the process of land acquisition by SADA towards the first installment.

August 27, 2010: An MoU was drafted defining the roles and responsibilities of SADA and Stellent, and sent to the Madhya Pradesh Government; vide letter number SADA/Estate/10/3602.

October 18, 2010: SADA received a letter stating that there is no provision for the signing of the MoU under the State Government.

Stellent is currently in the process of securing the land, and will soon begin construction.