Elan Group has awarded the construction contract of Phase – 1 which comprises 728 residencies for its maiden luxury residential project, Elan The Presidential worth Rs 1,000 crores + to Leighton India.
Leighton India is the Indian operations arm of Leighton Asia, which is a member of the internationally renowned CIMIC Group, headquartered in Australia. Leighton Asia has a track record of delivering landmark projects across India, including DLF Camellias in Gurugram, TRIL Ramanujan IT Park in Chennai, IKEA in Hyderabad, Commercial Offices for Phoenix Group in Hyderabad and many more. Their most recently awarded residential tower projects include Birla Niyaara 72 storeys in Worli, Mumbai and The Aga Hall Estate 56 storeys in Mazgaon, Mumbai.
Rakesh Kapoor, chairman of Elan Group, stated, “Leighton India has extensive construction experience in India during the past 25 years – it has delivered some of the largest projects in the country.”
As the appointed contractor, Leighton India will be responsible for the delivery of the entire construction work of the project, including civil construction, coordination with other contractors, and overall site infrastructure. The project is expected to be completed in 40 months.
“Our client’s confidence in our strong performance and safe delivery is a testament to our reputation for safety, quality, and reliability, as well as our leading position in the sector,” said Brad Davey, MD, Leighton Asia.
The excavation and diaphragm wall works at the project site have already commenced and are nearing completion. The pre-sales for the development have seen a tremendous response both domestically and internationally, with all the apartments of Phase-1 already sold out.
The Presidential is located at Sector 106, Dwarka Expressway, Gurugram is the first residential project in Elan Group’s portfolio after successfully developing retail, hospitality and commercial projects across Gurugram. Spread across 30 acres, the project will have approximately 2000 super luxury residences (3, 4, 5 BHK and Duplex Penthouses) ranging from Rs 5-15 crore. The project is planned to be developed in phases out of which in Phase 1 Elan Group has launched 728 residences.
The master planning has been done by Foster + Partners, conceptualized by UHA London, landscaping by SWA, Lighting by CD+M Lighting Design Group and the water features by WET Design. The project is certified as an Indian Green Building Council Pre-Certified Gold-rated building, reflecting the commitment to sustainability and environmentally responsible construction practices.
