A landmark development due to be completed in the third quarter of 2009 in the Special Economic Zone (SEZ) of Hyderabad, India, is helping to lure big companies to the capital.

 American real estate company Tishman Speyer and ICICI Ventures have joined forces to form TSI Ventures and create Wave Rock.

Designed by world renowned architect Pei Cobb Freed & Partners, Wave Rock captures the rocky terrain and hills of Hyderabad. It features two buildings, the larger 19 storey structure with a distinct wave design and double glazing on all sides.

In addition to the 1.8 million sqm of office space, the property features malls, a food court, bank, convenience store, world-class gymnasium and ready to use fully-equipped business centre.

“Tishman Speyer is hoping that the unique architecture of Wave Rock will help solidify it as an iconic landmark in Hyderabad, in the same way that its New York properties, the Rockefeller Centre and Chrysler Building, are looked upon,” said Peter Lester, Managing Director of Eltafantech (Fantech’s office in Malaysia).

Thanks to the information technology (IT) boom that began in the 1990s Hyderabad is one of the fastest growing cities in the world.

Peter said Hyderabad was more than just a modern hub for IT and IT-enabled services such as call centres and support services. Many of the Fortune 500 companies had offices in the city and as a result real estate was booming.

“Everyone wants to be involved in projects in Hyderabad and we came up against very strong competition when trying to secure the project. In the end, it was the superior quality and state of the art technology with the Eltafantech product that helped us gain the contract,” Peter said.

The four level carpark required almost 100 JetVent centrifugal induction fans, Peter said. “Headspace is always at a premium in carparks and the low profile of the housing, combined with the fact that we didn’t need ducting, made the newly released MK II range perfect for the job.”

In addition to the efficiencies of impulse ventilation, the fans are designed for fire smoke control ventilation systems and will operate in temperatures of 200°C for 2 hours.

A further 59 axial fans with diameters ranging from 560mm to 1250mm were also installed for supply and extract ventilation throughout the building.