Logix launches mixed-used ‘La Premiere’ project
Logix Group has announced launching a 16-acre mixed-used project—La Premiere in NCR. The project will have amalgamation of hospitality, shopping, leisure, living and working avenues. Located in Sector 124 at the beginning of Noida expressway, the project is 2 kms from South Delhi and linked by the proposed 6 lane expressway. The total cost of the project is estimated to be approximately Rs2000 crore which is being funded by banks, FDI and own accruals by Logix.
Logix has also partnered with the hospitality giant Marriott International to develop hotels catering to all segments of business and leisure travelling. La Premiere will have 5 Star Hotel by Marriott, Fairfield by Marriott and Marriott Executive Apartment. Logix is also in advanced stage of discussion with a leading international hotel chain for the 5 Start Luxury Hotel.
Targeting the luxury segment, the La Premiere residences will have 2, 3 and 4 bedroom residences and penthouses. Logix is also creating a lounge which will be managed by Marriott exclusively for the residents of La Premiere.
The project will also include office spaces with its La Premiere Suites which will have approximately 1.6 million sq. ft of corporate office space. In the commercial segment, the Premiere Mall will be spread over 5 lac sq ft that will offer various retail brands showcasing a wide array of fashion and lifestyle and F&B offerings. The project will also have a multiplex.
The project planning and designing has been done by leading architects, RK Associates with landscape design consultancy by Burega Farnell, Singapore and Structural and Engineering Consultancy by WSP, London.