Real Estate In India

Thursday, December 28, 2006

New 130,000SF Institutional Grade Office Building Slated for Gurgaon, India

The WIRE Group have unveiled plans to develop a 130,000SF International Class A Office building in Gurgaon India (about 20 miles southwest of New Delhi CBD). The build-to-suit facility will be built on 1 acre adjacent to the Jaipur-Delhi Highway, one of the region's main north-south arteries. LEED Certified professionals will be involved in the design and development of the building. The amount of the transaction was not disclosed.

“From the beginning, we were conscious of the commute that many business professionals undertake while working at other buildings in the Delhi regional area. WIRE’s planned office building is less than a 3-km drive to the New Delhi Airport, and a 25-km drive to Delhi’s Central Business District. The location will allow local professionals to reduce their daily commute time significantly and allow out of area executives to quickly reach the building from the airport,” said WIRE Vice President Ashok Segu.

The location of the site makes the planned office building a draw for Multi-Nationals targeting well-educated knowledge workers in a cosmopolitan city. Designed by Korth Sunseri Hagey Architects out of San Francisco, the hi-tech, state-of-the-art building will be built to International Class A standards with back up power generators and advanced fire suppression systems. The building will be equipped with the latest audiovisual, presentation and communications equipment, powered by high-speed broadband technology.

Source: http://www.indiaprwire.com/pressrelease/real-estate/200611291191.htm

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