Leighton Asia secures contract for luxury residential project in Gurugram, India
This contract is set to generate approximately A$200m ($129.6m) in revenue for Leighton Asia.
The project involves the construction of ten towers, each standing at about 145m tall, covering a built-up area of roughly 490,000m².
The development is located in the same vicinity where Leighton Asia is currently working on another project for the Elan Group, the eight-tower Elan The Presidential.
CIMIC Group executive chair and ACS Group CEO Juan Santamaría said: 'Securing further work for the Elan Group is a sign of Leighton Asia's commitment to safety and operational excellence. We are pleased to be providing another premium residential project for the growing population of the region.'
Leighton Asia managing director Brad Davey added: 'With more than two decades of on-the-ground experience in India, Leighton Asia takes pride in setting new benchmarks for quality and sustainability in large-scale residential projects. We are proud to be undertaking this prestigious project for the Elan Group.'
The luxury residential project is targeted to achieve Indian Green Building Council Leadership in Energy and Environmental Design Gold certification and will include civil and structural works, along with the management of subcontractors.
The commencement of construction is scheduled for September 2025, with completion expected in 2030.
CIMIC Group is engaged in engineering, services, construction, and natural resources sectors, employing 39,000 people and operating in approximately 20 countries.
The group includes several businesses such as CPB Contractors, Leighton Asia, UGL, Sedgman, Thiess (with a 60% ownership), and Pacific Partnerships, all of which are supported by the in-house engineering consultancy EIC Activities.
In August 2024, Leighton Asia secured another contract from the Elan Group to construct a mixed-use development in Gurgaon, India, which includes a shopping centre, a hotel, and a serviced apartment tower, with a total built-up area of approximately 207,000m².
"Leighton Asia secures contract for luxury residential project in Gurugram, India" was originally created and published by World Construction Network, a GlobalData owned brand.
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