FCC

Elan Group Awards Luxury Project Contract to Leighton Group

2023-08-07

Elan Group, a real estate developer based in the National Capital Region (NCR), has announced that it has granted a contract worth Rs 10 billion to Leighton India, the Indian subsidiary of Leighton Asia – a member of the internationally acclaimed CIMIC Group headquartered in Australia. This contract pertains to the construction of the first phase of their upscale residential endeavor, Elan The Presidential.

Situated in sector 106 of Gurugram, near Dwarka Expressway, Elan The Presidential is the company's inaugural luxury project, boasting a total of 728 units. Expressing enthusiasm about this partnership, Rakesh Kapoor, the Chairman of Elan Group, praised Leighton India's extensive construction expertise within India. Over the course of the past 25 years, the company has successfully executed some of the country's most significant projects. Kapoor affirmed that this collaboration would ensure the project's delivery adheres to world-class standards encompassing safety, quality, and timely completion, all while maintaining a commitment to sustainability, which aligns with the company's guiding principles.

Leighton India, as the designated contractor, will assume full responsibility for all construction aspects of the project, including civil construction, coordination with other contractors, and overall site infrastructure development. The anticipated timeline for project completion is 40 months.