Chintels India to invest Rs. 400 crore in developing 900,000 sq ft in Gurgaon

Realty developer Chintels India Pvt. Ltd. will invest Rs. 400 crore to develop 9.28 lakh square feet of retail and office area at Chintels Center in Sector 114, Gurugram.

Chintels Center will be constructed on a plot size of 6.79 acre and total built up area divided into retail (2,20,000 sq. ft.) anchor (1,15,000 sq. ft.), Commercial (2,00,000 sq. ft.)

It will consist of high street retail, two anchor shops, hyper market, food court, restaurants, multiplex, office complex and double basement parking. It is expected to be completed by 2025.

“There are many residential projects, both completed and under-construction along Dwarka Expressway. But there are not enough commercial projects. We intend to cater to this gap,” said Prashant Solomon, Managing Director, Chintels India.

ET