Elan Group has awarded the construction contract worth over Rs 500 crore to the Australian CIMIC Group’s leading construction company, Leighton Asia, for its newly launched commercial mall, Elan Imperial.
Located in Sector 82 in Gurugram, this mixed-use project includes a luxury retail mall, a five-star hotel and branded residences. Leighton was previously (in August 2023) awarded with Rs 1000 crore contract to construct Elan Group’s flagship residential development, Elan The Presidential in Sector 106, Gurugram.
Elan Imperial is set to be the first luxury mall of Gurugram, spanning approximately 9 acres with a total built-up area of 2.5 million sq. ft.
Mr Rakesh Kapoor, Chairman, Elan Group, stated, “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. We have received a phenomenal response to the project from the market and are confident that it will be a landmark project in Gurugram.”
Leighton is set to begin construction in November 2024. Leighton, a member of the CIMIC Group headquartered in Australia has an impressive portfolio of landmark projects across India. Leighton’s track record includes landmark projects across India, such as 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 said, “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.