The phase-1 construction of the premium residential project Elan The Presidential, Gurgaon has been contracted out to Leighton India by the NCR-based Elan Group for Rs 1,000 crore.
Elan The Presidential, the company’s first high-end project, will contain 728 units and is being built in Gurugram’s sector 106, close to the Dwarka Expressway.
Leighton Asia, a subsidiary of the well-known CIMIC Group with its headquarters in Australia, and Leighton India are the group’s Indian operations.
Rakesh Kapoor, the chairman of Elan Group, commented on the partnership: “Leighton India has vast construction experience in India. It has completed some of the biggest projects in the nation over the past 25 years.
We have faith that this association will deliver this project in a world-class manner in terms of safety, quality, and deadlines while retaining sustainability at its core in accordance with our philosophy.
Leighton India, the chosen contractor, will be in charge of carrying out all of the project’s construction work, including site infrastructure, coordination with other contractors, and civil construction. The business stated that the project should be finished in 40 months.
“We are honoured to have been chosen as the construction company for the Elan The Presidential projectâ, which will help Gurugram in further expansion. According to Brad Davey, MD of Leighton Asia, “Our client’s confidence in our great performance and safe delivery is a proof to our reputation for safety, quality, and consistency.
Elan The Presidential project, which spans 30 acres, will include over 2000 ultra-luxurious residences (3, 4, and 5 BHK, as well as duplex penthouses), with prices ranging from Rs 5 crore to Rs 15 crore.
Source- ET
