DT
PT
Subscribe To Print Edition About The Tribune Code Of Ethics Download App Advertise with us Classifieds
search-icon-img
search-icon-img
Advertisement

Ambience to lease out 1 million sq ft office space in Gurgaon

Maharashtra government will soon appoint a regulatory body to safeguard interests of homebuyers after the Centre gave a go ahead to the state to frame rules to implement the Housing Regulatory Bill passed by the legislature and approved by the President
  • fb
  • twitter
  • whatsapp
  • whatsapp
Advertisement

Ambience Pvt. Ltd., a real estate developer company mainly having focus on premium developments, is in the process of leasing out a recently constructed corporate office tower in Gurgaon with one million sq ft of leasable area. The company expects to earn Rs 150 crore of annual rental income by leasing out this commercial space. Out of the total area, Ambience has already leased out 2.5 lakh sq ft to Panasonic India.

Advertisement

This newly constructed office space has been constructed at an investment of about Rs 150 crore and is a part of the company’s township project ‘Ambience Island’, which is sprawled across 135 acres. Ambience Island is situated on the Delhi-Haryana Border on the Delhi-Jaipur Expressway, NH 8 alongside the vast Rajokri Greens. The project also comprises premium homes, ‘Leela Ambience’ hotel with over 400 keys and a shopping mall spread across 1.8 million sq ft. 

Central Park features in Asia’s best projects list

Advertisement

Ultra-luxury real estate brand, Central Park has been felicitated for being ‘Fastest Growing Real Estate Brand’ by WCRC Leaders (World Consulting and Research Corporation) in Singapore at ‘Asia’s 100 Best Real Estate Project & Properties 2015’.  Real Estate Veteran Mr. Rajesh Kumar Singhal-President Projects, accepted the award on behalf of Central Park in Gurgaon.

In ‘Central Park Resorts’ the homes are spread on the periphery of the property, thereby leaving a 20-acre unspoiled green vista, interspersed with water bodies in the middle. In order to keep its 20-acre expanse of green free from cars, Central Park has invested an additional $10 million in this tunnel that leads to an underground road network which connects with the lobbies of each residential tower.

Advertisement

—Agencies

Advertisement
Advertisement
Advertisement
Advertisement
tlbr_img1 Home tlbr_img2 Classifieds tlbr_img3 Premium tlbr_img4 Videos tlbr_img5 E-Paper