Latest news with #LeightonAsia
Yahoo
6 days ago
- Business
- Yahoo
Leighton Asia secures contract for luxury residential project in Gurugram, India
Leighton Asia, a subsidiary of CIMIC Group, has been awarded a significant contract to deliver a luxury residential project named Elan The Emperor in Gurugram, India, for the Elan Group, an Indian real-estate developer. 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. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Time of India
16-05-2025
- Business
- Time of India
Elan Group signs Rs 1,100 crore contract with Leighton Asia for residential project
NEW DELHI: Realty firm Elan Group has awarded a contract worth Rs 1,100 crore to Leighton to develop a luxury housing project in . Leighton Asia is part of the Australian CIMIC Group. In a statement on Thursday, the company said it awarded the construction contract for its ultra-luxury residential development, 'Elan The Emperor' located in Sector 106, , Gurugram. Tired of too many ads? go ad free now The project is part of Elan Group's 50 acre, integrated township. The contract covers nearly 5 million sq. ft. of built-up area. Elan Group had earlier awarded contracts worth 1,800 crore to construct other projects. Rakesh Kapoor, Chairman, Elan Group, said, " Partnering with Leighton Asia once again reinforces our commitment to collaborate with the finest global expertise in delivering excellence at every level." Brad Davey, Managing Director, Leighton Asia, said, "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. " Elan Group has developed many commercial projects in Gurugram, and now it is developing these large townships.
Hindustan Times
15-05-2025
- Business
- Hindustan Times
Elan Group awards ₹1100 crore contract to Leighton Asia for luxury housing project in Gurugram
NCR-based real estate firm Elan Group has awarded a construction contract worth ₹1100 crore to Leighton Asia, part of the Australian CIMIC Group, to develop its ultra-luxury residential development, Elan The Emperor, located in Sector 106, Dwarka Expressway, Gurugram. The project is part of Elan Group's 50 acre, integrated township. The contract covers nearly 5 million sq. ft. of built-up area. The project is designed to achieve IGBC LEED Gold Certification. Leighton Asia has been awarded significant civil and MEP contracts by Elan Group for its ongoing projects which includes Elan The Presidential, Elan The Imperial and now Elan The Emperor. The total value of these contracts is approximately ₹3000 crore. These contracts cover a total built-up area of approximately 12.5 million square feet. Rakesh Kapoor, chairman, Elan Group, said, 'With this iconic development, we are shaping a new chapter in ultra-luxury living. Partnering with Leighton Asia once again reinforces our commitment to collaborate with the finest global expertise in delivering excellence at every level.' Brad Davey, managing director, Leighton Asia, said, '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.' Juan Santamaria, executive chairman, CIMIC Group, 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.'
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Business Standard
15-05-2025
- Business
- Business Standard
Elan Group awards Rs 1,100 cr contract to Leighton Asia in Gurugram
In a statement on Thursday, the company said it awarded the construction contract for its ultra-luxury residential development, 'Elan The Emperor' located in Sector 106, Dwarka Expressway, Gurugram Press Trust of India New Delhi Realty firm Elan Group has awarded a contract worth Rs 1,100 crore to Leighton Asia to develop a luxury housing project in Gurugram. Leighton Asia is part of the Australian CIMIC Group. In a statement on Thursday, the company said it awarded the construction contract for its ultra-luxury residential development, 'Elan The Emperor' located in Sector 106, Dwarka Expressway, Gurugram. The project is part of Elan Group's 50 acre, integrated township. The contract covers nearly 5 million sq. ft. of built-up area. Elan Group had earlier awarded contracts worth 1,800 crore to construct other projects. Rakesh Kapoor, Chairman, Elan Group, said, " Partnering with Leighton Asia once again reinforces our commitment to collaborate with the finest global expertise in delivering excellence at every level." Brad Davey, Managing Director, Leighton Asia, said, "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." Elan Group has developed many commercial projects in Gurugram, and now it is developing these large townships.
Time of India
15-05-2025
- Business
- Time of India
Elan Group awards Rs 1,100 crore construction contract to Leighton Asia for Gurugram luxury project
Realty developer Elan Group has awarded construction contract worth Rs 1100 crore to Leighton Asia , part of the Australian CIMIC Group , for its ultra-luxury residential development, Elan The Emperor in Sector 106, Dwarka Expressway , Gurugram. Elan The Emperor is part of Elan Group's 50 acre – integrated township, designed to be a future forward ecosystem of luxury living. The Construction contract for Elan The Emperor covers nearly 5 million sq. ft. of built-up area. 'Partnering with Leighton Asia once again reinforces our commitment to collaborate with the finest global expertise in delivering excellence at every level,' said Rakesh Kapoor, Chairman, Elan Group. The group has already tied up with architects, urban designers and construction experts including UHA London, SWA Group, WET Design, HBA (Hirsch Bedner Associates), CD+M Lighting Design Group, Mero Contractors, DSA Engineering, LERA and Thornton Tomasetti. Leighton Asia has been awarded significant Civil and MEP contracts by Elan Group for its ongoing projects which includes Elan The Presidential, Elan The Imperial and now Elan The Emperor. The total value of these contracts is approximately Rs 3000 crore. These contracts cover a total built-up area of approximately 12.5 million square feet. '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,' said Brad Davey, Managing Director, Leighton Asia.
