Landmark To Invest In Gurugram Luxury Project

22 Aug 2025 CW Team

“We will invest Rs 4 billion in the construction of our new project, ‘Landmark SKYVUE’,” said Landmark Group chairman Sandeep Chhillar. “It is a low-density development with 60 apartments per acre compared to the conventional 90–100.”

The company has owned the land parcel since 2009 and has already cleared all approval charges. Chhillar noted that demand in the Gurugram market remains robust, supported by major infrastructure projects such as the Dwarka Expressway.

The project is part of an 11-acre landholding, with Phase I delivered in 2013 and Phase III planned for FY2026. Phase II, spread over 4 acres, will feature 240 three-side-open residences in 3BHK+ utility and 4.5BHK+ utility formats. Towers will rise 40 floors above a three-level podium that will house retail space, a 100,000 sq ft club, and wellness facilities, along with a rooftop observatory.

“Our aim is to create a community that blends design with comfort,” Chhillar said. “We are incorporating modern amenities such as digitally enabled zones, a skypad pickleball court, Japanese restaurant ‘Sora’, and the wellness-focused ‘Skydome’ club offering a meditation area, plunge pool, and certified cryotherapy facilities.”

Funding for the project will come from internal accruals, bank loans, and customer advances. The Landmark Group has already delivered 15 residential and five commercial projects, mainly across Delhi-NCR.

In addition to SKYVUE, the company has several projects lined up for FY2025-26, including the region’s largest single-tower commercial project of 2.2 million sq ft on Golf Course Extension Road, a high-street retail project, and a large mixed-use development on Dwarka Expressway.

Gurugram-based Landmark Group has announced an investment of nearly Rs 4 billion in its low-density luxury housing project, ‘Landmark SKYVUE’, at Sector 103 on the Dwarka Expressway. Spread across 4 acres, the development will comprise 240 apartments and has a revenue potential of around Rs 12 billion. The project is scheduled for completion in four years and has been launched at Rs 17,500 per sq ft, with apartment prices ranging between Rs 49.9 million and Rs 67.8 million.“We will invest Rs 4 billion in the construction of our new project, ‘Landmark SKYVUE’,” said Landmark Group chairman Sandeep Chhillar. “It is a low-density development with 60 apartments per acre compared to the conventional 90–100.”The company has owned the land parcel since 2009 and has already cleared all approval charges. Chhillar noted that demand in the Gurugram market remains robust, supported by major infrastructure projects such as the Dwarka Expressway.The project is part of an 11-acre landholding, with Phase I delivered in 2013 and Phase III planned for FY2026. Phase II, spread over 4 acres, will feature 240 three-side-open residences in 3BHK+ utility and 4.5BHK+ utility formats. Towers will rise 40 floors above a three-level podium that will house retail space, a 100,000 sq ft club, and wellness facilities, along with a rooftop observatory.“Our aim is to create a community that blends design with comfort,” Chhillar said. “We are incorporating modern amenities such as digitally enabled zones, a skypad pickleball court, Japanese restaurant ‘Sora’, and the wellness-focused ‘Skydome’ club offering a meditation area, plunge pool, and certified cryotherapy facilities.”Funding for the project will come from internal accruals, bank loans, and customer advances. The Landmark Group has already delivered 15 residential and five commercial projects, mainly across Delhi-NCR.In addition to SKYVUE, the company has several projects lined up for FY2025-26, including the region’s largest single-tower commercial project of 2.2 million sq ft on Golf Course Extension Road, a high-street retail project, and a large mixed-use development on Dwarka Expressway.

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

Infrastructure Urban

07 Aug 2026

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Infrastructure Transport

07 Aug 2026

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..