Sustainable Innovations – District Cooling at Intellion Park, Gurugram

As India grapples with the risk of surpassing human survivability limits due to heatwaves, the demand for effective cooling solutions rises, despite only 8% of households owning air conditioning units. Intellion Park, a LEED Platinum-certified development, offers an innovative district cooling system and passive design features, showcasing a sustainable model with high-efficiency chillers and advanced technology integration. The park's robust operations and maintenance, including KPI-linked SLAs, AI/IoT utilization, and 24/7 operations, position it as a case study for effective, environmentally responsible solutions to India's cooling challenges.

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The Author

Ritesh Sachdev

Sr. VP & Head Commercial Leasing and Asset Management, Tata Realty And Infrastructure Ltd.

Areas of Expertise

Ritesh is a dynamic and high-performing real estate professional with more than two decades of corporate real estate experience with both service providers and developers. Ritesh has led teams across India and collaborated across multiple geographies and real estate markets globally, sharing his expertise and knowledge for the benefit of his occupier clients and organizations he served. As a Senior Vice President & Head, Commercial Leasing and Asset Management, Ritesh is responsible for leasing and managing the commercial assets of TATA Realty across the country. Besides maximizing the operating performance of the company’s commercial portfolio, Ritesh is the brain behind sales/leasing innovations, strategic business development, and the profitability of the company as determined by the company's strategic goals.

Professional Accomplishments

Ritesh is a ‘Man Manager’ par excellence a, ‘Institutional Builder’ and a leader in the Indian real estate market who enjoys deep and strategic relationships with both fortune 500 occupiers and International Property Consulting firms across most markets in India, regionally within APAC and globally.

Industry Experience

In previous roles, Ritesh was the Managing Director with Cushman & Wakefield running their Transaction business for India and thereafter, all business/s for South India. Ritesh was credited in nurturing and growing the transaction business over the years and tripling the top line in under 5 years. After close to 14 years with C&W, Ritesh joined Colliers International as a Sr. Executive Director and was running their Integrated Occupier Platform for India with the intent to increase revenue, profitability and market share across all occupier business. Ritesh was also responsible to lead and grow the firms P&L across South India as a Managing Director.

Under Ritesh’s leadership, the transaction and occupier business doubled in year,

key leadership roles were closed and some of the largest/most sought after occupier transactions successfully completed. Before moving to International property consulting firms, Ritesh’s other industry experience were with DLF Limited as part of their marketing and commercial leasing teams, The Australian Trade Commission (Austrade) setting up, IndiaLink, the nerve centre/nucleus of all Indo-Australian trade and with Holzmann Videocon Engineers Limited (Indian JV of Philipp Holzmann, a global EPC giant).