Elan Group has awarded a ₹500 crore contract to Leighton Asia for the development of a new luxury shopping mall in Sector-82, Gurugram. Leighton Asia, part of the Australia-based CIMIC Group, is scheduled to begin construction of the mall, named 'Elan Imperial,' in November 2024. This project marks a significant addition to Gurugram's commercial landscape, offering a high-end retail experience.
The 'Elan Imperial' will be a mixed-use development featuring a luxury retail mall, a five-star hotel, and branded residences. The mall is designed to integrate shopping, dining, and leisure, creating a premier destination in Gurugram. With its focus on luxury and world-class amenities, 'Elan Imperial' aims to provide visitors with a unique and upscale experience, setting a new standard for commercial spaces in the city.
This new project follows Leighton Asia's recent success with a ₹1,000 crore contract to construct Elan Group's flagship residential development, 'Elan The Presidential,' located in Sector 106, Gurugram. The new luxury mall will further solidify Leighton Asia's reputation for delivering high-quality, large-scale projects in the region.
Elan Group, known for its significant presence in Gurugram’s real estate market, currently manages eight retail and commercial projects along with one luxury residential project across prime city locations. The addition of 'Elan Imperial' will enhance the Group's portfolio, reinforcing its position as a leading developer in the region.
Overall, the development of 'Elan Imperial' by Leighton Asia represents a major investment in Gurugram's commercial real estate sector. The project promises to elevate the city’s shopping and leisure offerings while contributing to its growing reputation as a hub for luxury retail and hospitality.
News by Rahul Yelligetti