India: Construction company Leighton Asia has secured a $87 million contract by property developer Elan Group for a mixed-use serviced apartment project in Gurgaon, India.
The scheme is set to include a retail mall, a five-storey hotel, a seventeen-storey serviced apartment tower, and a sky bar and terrace.
It is located in Sector 82 of Gurgaon with a total built-up area of around 207,000 square-metres. Construction is expected to begin this month with a timeline for completion in Q4 2027.
When finished, the scheme aims to achieve a four-star Green Rating for Integrated Habitat Assessment (GRIHA).
Brad Davey, managing director of 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.”
Juan Santamaria, executive chairman of CIMIC Group, of which Leighton Asia is a subsidiary, 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.”
Rakesh Kapoor, chairman of Elan Group, added: “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.”
