Elan Group Partners with Leighton Asia for Luxury Mall Project in Gurugram
Elan Group has awarded a contract worth over Rs 500 crore to Leighton Asia for its newly launched commercial mall, Elan Imperial, in Gurugram.
Real EstateCommercial MallLuxury RetailGurugramLeighton AsiaReal Estate MumbaiAug 27, 2024
Located in Sector 82, Gurugram, Elan Imperial is a mixed-use project that includes a luxury retail mall, a five-star hotel, and branded residences. The project is set to be the first luxury mall in Gurugram, spanning approximately 9 acres with a total built-up area of approximately 2.5 million sq. ft.
Rakesh Kapoor, Chairman, Elan Group, expressed his excitement about partnering with Leighton again, stating, “We are excited to partner again with Leighton, a company with extensive global and Indian experience. With Elan Imperial, we aim to create a truly extraordinary destination for shopping, dining, and leisure. This luxury mall will be the first of its kind in Gurugram, seamlessly integrating retail and hotel experiences under one roof to provide our visitors with a world-class experience.”
Leighton is set to begin construction in November 2024. The company has an impressive portfolio of landmark projects across India, including DLF Camellias in Gurugram, TRIL Ramanujan IT Park in Chennai, IKEA in Hyderabad, and the Phoenix Group’s Commercial Offices in Hyderabad. Ongoing projects also include Birla Niyaara (72 storeys) in Worli, Mumbai, The Aga Hall Estate (56 storeys) in Mazgaon, Mumbai, and a Data Centre in Hyderabad.
Juan Santamaria, Executive Chairman, CIMIC Group, said, “It is great to have Leighton Asia selected to deliver another exciting project for the Elan Group, for which we are already constructing a major residential development.”
Brad Davey, Managing Director, Leighton Asia, added, “This win further advances Leighton Asia’s strong presence in the real estate sector and our growth in India. We are proud to have the Elan Group’s trust and to meet their requirements.”
Elan Imperial is designed by the renowned architectural firm BENOY. The project has garnered tremendous success in sales, selling out both domestically and internationally. Strategically positioned on a prime, two-sided open site, Elan Imperial is destined to become a distinctive landmark in Gurugram. This vibrant development will feature a diverse range of offerings, including expansive shops, prominent retail anchors, a food court, a family entertainment centre, a multiplex, a 5-star hotel, and a variety of food and beverage options. To enhance the dining experience, it offers double-height restaurants with open-to-sky seating on the terrace and roof.
Elan Group boasts 8 retail and commercial projects, along with one luxury residential project, strategically located across prime areas in Gurugram. Elan Group diversified into the residential segment in 2022 with the launch of Elan The Presidential in Sector 106, Dwarka Expressway.
Information
Elan Group is a leading real estate developer in India, with a strong presence in the commercial and residential sectors. The company has a portfolio of projects across prime locations in Gurugram and has established itself as a trusted brand in the industry.
Leighton Asia is a leading construction company and a member of the CIMIC Group headquartered in Australia. The company has an impressive portfolio of landmark projects across India and has established itself as a trusted partner in the real estate sector.
Frequently Asked Questions
What is the value of the contract awarded to Leighton Asia by Elan Group?
The contract is worth over Rs 500 crore.
What is the location of the Elan Imperial project?
The project is located in Sector 82, Gurugram.
What is the total built-up area of the Elan Imperial project?
The total built-up area is approximately 2.5 million sq. ft.
Who is the architectural firm designing the Elan Imperial project?
The project is designed by the renowned architectural firm BENOY.
What is the expected completion date of the Elan Imperial project?
The construction is set to begin in November 2024, but the expected completion date is not specified.
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