SPR India Launches District 12, Redefining Office Ownership for Chennai’sBusinesses in an Emerging Commercial Hub

deccanwebtv Jul 29, 2026

 Integrated business destination within SPR City supports the Tamil Nadu Government’s
“Perambur 2.0” initiative, empowering MSMEs, startups and professionals with
premium office ownership
 The launch, inaugurated by Chief Guest Thiru A.M. Vikram Raja, State President, Tamil
Nadu Vanigar Sangam Peramaippu, witnessed an overwhelming response from leading
industrialists, entrepreneurs, investors, business leaders and Chennai’s MSME
community
Chennai, July 2026
SPR India recently announced the launch of District 12, a smart office space development within
the 63-acre SPR City, offering MSMEs, startups, entrepreneurs, professionals and growing
businesses the opportunity to own premium office spaces in one of Chennai’s fastest-emerging
commercial destinations. Supporting the Tamil Nadu Government’s “Perambur 2.0” initiative,
District 12 is set to accelerate Perambur’s transformation into a vibrant commercial, business and
investment hub.
In support of the Tamil Nadu Government’s “Perambur 2.0” initiative, District 12 was
officially launched in the presence of Thiru A.M. Vikram Raja, State President, Tamil Nadu
Vanigar Sangam Peramaippu, who graced the occasion as the Chief Guest, along with
leading industrialists, entrepreneurs, investors and business leaders.
The launch witnessed an overwhelming response from Chennai’s MSMEs, startups, IT/ITES
companies, entrepreneurs, professionals, investors and business owners, reflecting the strong
demand for professionally managed office ownership within an integrated commercial ecosystem.
Built around the compelling proposition, “Why Rent When You Can Own Your Office Space?”,
District 12 offers flexible office spaces ranging from 120 sq. ft. to 3,000 sq. ft., enabling
businesses to choose spaces that match their current requirements while providing room for
future expansion. The development features premium commercial infrastructure, including a fully
equipped business centre, exclusive clubhouse, modern elevators and escalators, 100% power
backup, CCTV-enabled security systems, 24×7 security, concierge services, professionally
maintained common areas and ample parking.
Businesses at District 12 also benefit from the integrated SPR City ecosystem, comprising the
Market of India, shopping mall, restaurants, food courts, an eight-screen multiplex, entertainment
zones, premium residences, Kauvery Hospital, The Shri Ram Universal School and other lifestyle
amenities, creating a complete live-work-business destination that supports business growth
while offering unmatched convenience.
Strategically located in Perambur, District 12 enjoys excellent connectivity, with the Perambur
Bus Terminus just 500 metres away, Perambur Railway Station within 1 km and the proposed

Perambur Metro Station only 800 metres away. Chennai Central Railway Station, the High Court
and the Secretariat are also easily accessible.
Sharing SPR Group’s vision for the project, Mr. Hitesh Kawad, Managing Director, SPR
Group, said, “District 12 reflects SPR’s vision of creating future-ready commercial infrastructure
that empowers businesses to own, grow and thrive. As Perambur continues to evolve into a
vibrant commercial hub, the launch of District 12 marks another significant milestone in the
growth of SPR City while reinforcing Perambur’s emergence as one of Chennai’s most promising
commercial and investment destinations. We are proud to offer entrepreneurs, MSMEs and
professionals a premium business address within an integrated ecosystem designed for long-
term growth and success”.
Highlighting the commercial value proposition of District 12, Mr. Shashie Kumar, CEO,
SPR Commercial, said, “District 12 is designed to offer businesses much more than premium
office spaces. It enables entrepreneurs, MSMEs and professionals to convert recurring rental
expenses into long-term asset ownership while operating from a professionally managed
commercial environment designed for growth, collaboration and enterprise. As part of the
integrated SPR City ecosystem and the Market of India, businesses also benefit from greater
visibility, wider customer reach, valuable networking opportunities and a vibrant business
environment, making office ownership a smart investment for long-term success”.
Commenting on Perambur’s growing prominence as a business destination, Mr. Navin
Ranka, Director, SPR Group, said, “Perambur is fast emerging as one of Chennai’s most
promising commercial destinations, driven by strong infrastructure and excellent connectivity.
District 12 is designed to meet the evolving needs of startups, MSMEs, professionals and
enterprises seeking a premium business address in a high-growth location”.
The launch also featured an insightful panel discussion on “Perambur 2.0,” moderated by
noted journalist and television anchor Avudaiappan S. The panel featured Mr. Hitesh Kawad,
Managing Director, SPR Group, Mr. Rahul Rajamuthiah, Business Head, Market of India,
Dr. Sam Paul, Paulsons Group (TONI&GUY), and advocate and renowned astrologer Shelvi
K. Damother. The discussion explored Perambur’s rapid transformation into one of Chennai’s
fastest-growing commercial corridors, driven by infrastructure development, enhanced
connectivity, employment generation and the growing demand for organised commercial spaces.
Former Indian cricketer and commentator Anirudha Srikkanth and actor Samyuktha also
visited District 12, interacting with the SPR team and exploring the project’s smart office formats,
premium amenities and investment potential.

Renacon Launches RENAFLEX Fibre Cement Boards,Advancing Sustainable Construction in India

deccanwebtv Jul 28, 2026

₹350 crore integrated green building materials facility at Naidupeta,
Andra Pradesh built in a record 12 months, introduces advanced
Laminar Flow Technology to India and expands Renacon’s sustainable
building solutions portfolio
Chennai, July 2026
Renacon, the flagship building materials brand of the Renaatus Group, Erode
announced the launch of RENAFLEX Fibre Cement Boards (FCB) in Renaatus
Product Private Limited, marking a significant milestone in the company’s evolution
from a manufacturer of green building materials to a comprehensive building
solutions provider.
Backed by an investment of ₹350 crore, Renacon has established a world-class
integrated manufacturing facility at Naidupeta, Andhra Pradesh, dedicated to the
production of AAC Blocks, Rapid Wall Panels and Fibre Cement Boards. Built in a
record 12 months, the facility introduces globally benchmarked Laminar Flow
Technology to India, delivering precision-engineered, sustainable building materials
designed to meet the growing demands of modern construction.
Speaking at the launch, Mr. R. P. Selvasundaram, Chairman and Managing
Director, Renaatus Group, said, “The launch of RENAFLEX represents a defining
milestone in Renacon’s journey towards becoming a complete building solutions
provider. Our ₹350 crore investment reflects our long-term vision of combining
advanced manufacturing, innovation and sustainability to create world-class products
for India’s construction industry. By bringing globally proven Laminar Flow
Technology to India, we are delivering Fibre Cement Boards that offer superior
strength, precision, durability and consistency while supporting faster, safer and
greener construction. As India accelerates infrastructure development under Vision
2047 and the ‘Make in India’ initiative, RENAFLEX will empower architects,
developers, contractors and homeowners with high-performance building materials
that are built for the future”.
The launch further strengthens Renacon’s expanding portfolio, which already
includes Renacon AAC Blocks—South India’s largest and one of the most preferred
AAC block brands—manufactured across three facilities in Tamil Nadu with a
combined annual production capacity of one million cubic metres, along with Rapid
Wall AAC Sandwich Panels and Renafix Drymix Products. With India’s construction
sector increasingly embracing sustainable and high-performance building materials,
Renacon expects RENAFLEX to play a significant role in enabling modern dry wall
solution considering labour shortage by adding to the faster construction, safer and
environmentally responsible construction across residential, commercial and
industrial projects. This can assist in building government housing schemes like
Pradhan Mantri Awas Yojana 2.0 scheme targeting 1 crore additional houses and
Affordable Rental Housing Complexes scheme for quicker completion.

With India’s AAC market growing at a CAGR of 10–12% since 2010 and projected to
expand by nearly 15% annually over the next five years, Renacon expects
RENAFLEX to play a key role in accelerating the adoption of advanced Fibre
Cement Board systems and driving the transition towards faster, greener and more
sustainable construction across India. We are looking at 100% utilization of the
existing plant in Naidupeta by March 2027 which will help Renaflex gaining a good
share in Fibre cement board market in a year and half time.
Asia’s Largest Integrated AAC and Fibre Cement Board Manufacturing Facility
The new Naidupeta facility has an annual production capacity of 60,000 metric
tonnes of Fibre Cement Boards, making it Asia’s largest integrated AAC and Fibre
Cement Board manufacturing facility. The project is expected to generate
employment direct and indirectly for more than 1000 people, while strengthening
domestic manufacturing under the Government of India’s “Make in India” initiative.
At the heart of the manufacturing process is Laminar Flow Technology, an
advanced production system that ensures:
 Superior flexural strength
 Excellent impact resistance
 Zero undulation for exceptionally smooth surfaces
 High dimensional accuracy and consistency
 Enhanced durability for long-term performance
The facility manufactures both Type A (High Density) and Type B Fibre Cement
Boards, along with RENAFLEX Elegante Designer Fibre Cement Boards, specially
developed for architects and designers seeking premium aesthetics for wall cladding,
façades and interior décor. The high-density boards are engineered for demanding
exterior applications requiring exceptional strength and weather resistance.
Engineered for Green, Fire-Rated and Sustainable Construction
RENAFLEX Fibre Cement Boards are precision-engineered for modern interior and
exterior construction systems, combining durability, safety and sustainability.
Key features include:
 Fire resistance
 Moisture resistance
 Termite resistance
 High dimensional stability
 Smooth and consistent finishes
 Long service life
 Faster installation with reduced maintenance
The boards are suitable for a wide range of applications, including:
 Interior partitions
 False ceilings
 Façades
 Mezzanine flooring
 Roof underlay
 Wet area installations
 Duct covering
 Prefabricated structures
 Furniture
 Modular interiors

Manufactured using environmentally responsible processes, RENAFLEX supports
sustainable construction by reducing environmental impact while improving
durability, operational efficiency and lifecycle performance. The product aligns with
green building certification frameworks such as IGBC and GRIHA, helping
developers deliver environmentally responsible and energy-efficient buildings.
With increasing emphasis on fire-rated construction across commercial, industrial
and public infrastructure projects, RENAFLEX is well positioned for applications in
commercial buildings, hospitals, educational institutions, industrial facilities, site
offices, security cabins and residential developments.
Fibre Cement Boards have already gained widespread acceptance across Europe,
the United Kingdom, the United States, China and Australia for their strength,
durability and sustainability. Through RENAFLEX, Renacon aims to bring these
globally benchmarked standards to the Indian construction industry.
Expanding Across India and Global Markets
Renacon will initially focus on the southern markets of Tamil Nadu, Andhra Pradesh,
Telangana, Karnataka and Kerala, before expanding into international markets
across Europe, the Middle East and Africa and 50% of the business to come from
exports for Renaatus Products Private Limited. The company expects growing
demand for prefabricated construction, sustainable building materials and fire-rated
building systems to drive strong growth in both domestic and overseas markets.
About Renacon
Renacon is the flagship building materials brand of Renaatus Procon Private Limited
(RPP Group), headquartered in Erode, Tamil Nadu. The company manufactures
AAC Blocks, Rapid Wall AAC Sandwich Panels, Renafix Drymix Products and
RENAFLEX Fibre Cement Boards, delivering innovative, sustainable and high-
performance building solutions for modern construction.
The Renaatus Group has executed several landmark infrastructure projects across
India and overseas, including Rajahmundry Airport, Chennai Central Tower—one of
Chennai’s tallest commercial developments—and the Gaafu Airport Project in the
Maldives. The Group has also launched its flagship residential development, VARAM
in Coimbatore, further strengthening its commitment to creating world-class
infrastructure and sustainable communities.

Turkish Airlines Signs Multi-Year Agreement with CAE

deccanwebtv Jul 23, 2026

Turkish Airlines, the airline that flies to more countries than any other airline, has signed a contract with CAE, a global leader in aviation training technologies, at the Farnborough Airshow for the delivery of five full-flight simulators (FFS), two flight training devices (FTD) with an option for two additional FFSs.

The agreement further supports Turkish Airlines’ strategy to expand pilot training capacity and strengthen its training infrastructure with the latest technologies, in line with the airline’s fleet growth under its 10-year flight training investment plan. It will also contribute to the airline’s new, state-of-the-art Flight Training Center, which broke ground this past January. The new facility’s simulator hangars are scheduled to become operational in 2027, with the full center set to be completed and fully operational in 2028.

Commenting on the agreement, Turkish Airlines Chairman of the Board and the Executive Committee Prof. Murat Şeker said: “As we continue to expand our fleet and global network, further strengthening our pilot training infrastructure is essential to supporting our long-term growth strategy. Building on our long-standing collaboration with CAE, the addition of these advanced training devices will enhance our ability to prepare pilots across multiple fleet types with the highest levels of safety, consistency, and operational excellence. This agreement will help ensure we continue meeting the growing training demands of our expanding operations while maintaining the world-class standards our passengers expect from Turkish Airlines.”

Matthew Bromberg, President and Chief Executive Officer at CAE added: “This agreement is a testament to our longstanding relationship with Turkish Airlines and to the trust it continues to place in CAE as a strategic partner in advancing its pilot training capabilities. For more than 20 years, we have worked together to support the airline’s growth and evolving training needs. Through this comprehensive fleet of Airbus and Boeing training devices, we will continue to deliver advanced, high-fidelity simulation solutions that help Turkish Airlines build pilot capacity, maintain the highest safety standards, and support its long-term ambitions.”

Under the contract, CAE will deliver the following devices to Turkish Airlines across Airbus and Boeing aircraft types:

• Two A321neo Full Flight Simulators (FFS)
• Two B787 Full Flight Simulators (FFS)
• One A350 Full Flight Simulator (FFS)
• Two A350 Level-1 Flight Training Devices (FTD)
• One A350 Full Flight Simulator (FFS) – optional
• One B787 Full Flight Simulator (FFS) – optional

These next-generation simulators and training devices will expand Turkish Airlines’ pilot training capacity across both narrowbody and widebody aircraft types, offering a long-term solution to the airline’s growing operational needs on a global scale. With this new agreement, Turkish Airlines reinforces its long-standing collaboration with CAE, continuing to embrace a technology-driven, sustainable, and scalable approach to pilot training.