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    Elan group to develop luxury retail project in Gurgaon, to invest Rs 62 crore

    Synopsis

    Elan Group has awarded the construction contract worth Rs 62.15 crore to BL Kashyap and Sons Ltd. for Elan Paradise.

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    Elan group will invest Rs 62 crore in developing a luxury retail project spread over 3.35 acre in sector 50, Gurgaon.

    Elan Group has awarded the construction contract worth Rs 62.15 crore to BL Kashyap and Sons Ltd. for Elan Paradise.

    Elan Paradise consists of high-end retail, food court, multiplex and terrace restaurant spaces. The design of this project, conceptualized by UHA London with ARCOP as architects, aims to enable generations to experience retail in a unique way.

    The project is envisaged as a one-stop destination for shoppers, encompassing a mix of retail outlets, restaurants, food court, multiplex and interactive spaces. The construction of the project is likely to be completed by the year 2024.

    “We are delighted to have tied-up with BL Kashyap & Sons Ltd. for our recently launched offering-Elan Paradise. The project has been conceptualized with a vision to offer a unique retail experience to our patrons. With an exemplary track record of delivering several large-scale projects, BL Kashyap & Sons has set a benchmark in the construction space,” said Akash Kapoor, Director, Elan Group.

    BL Kashyap & Sons Ltd., a publicly listed company is among the reputed construction companies in India delivering over 10 million sq. ft. of projects every year with more than 1200 employees.

    BLK specializes in undertaking major industrial, residential and commercial projects and has a pan-India presence. Some of its marquee projects include The Oberoi - Gurugram, JW Marriott Aerocity - New Delhi, One Horizon Centre - Gurugram, Select Citywalk Mall - New Delhi and Pathways School - Gurugram, among others.

    “We are delighted to partner with Elan Group to execute the pathbreaking concept of Elan Paradise. This strategically-located project will indeed be a paradise for shoppers by amalgamating convenience, aesthetics and a curated experience,” said Vineet Kashyap, Managing Director, BL Kashyap & Sons Ltd.

    Other marquee projects of Elan Group include the recently launched Elan Empire, Elan Mercado, Elan Miracle, Elan Town Centre and Elan Epic.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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