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Ahluwalia Contracts Receives Rs 581 Cr Construction Contract From Smartworld

Ahluwalia Contracts Receives Rs 581 Cr Construction Contract From Smartworld

BY Realty Plus
Published - Tuesday, 16 Jul, 2024
Ahluwalia Contracts Receives Rs 581 Cr Construction Contract From Smartworld

Smartworld Developers announced that its subsidiary, “Etsy Realcon Pvt Ltd”, has awarded a construction contract worth Rs 581 crore to Ahluwalia Contracts (India) Ltd, a renowned construction, infrastructure, and engineering company, for its new luxury residential project, Smartworld The Edition. Located on Golf Course Extension Road in Sector 66, Smartworld the Edition marks Smartworld's entrance into the luxury real estate sector and is expected to generate a revenue of Rs 6000 crore.

Spread over 10+ acres with a saleable area of 3 million sq. ft., this G+43 floor skyscraper will become a landmark in the Gurugram skyline. It boasts an impressive 1 lakh sq. ft. of luxurious amenities, further enhanced by an exclusive 7-star highlife club featuring a rooftop infinity pool. The project consists of three striking twin towers offering over 900 spacious residences, including a mix of 3.5 BHK and 4.5 BHK units.

“We are delighted to bring Ahluwalia Contracts (India) Ltd on board to execute the construction of our flagship luxury project, Smartworld the Edition. This project has been conceptualized with a vision to offer a unique living experience to our residents. With an exemplary track record of delivering several large-scale projects, Ahluwalia Contracts (India) Ltd has set a benchmark in the construction industry. We are confident that their expertise and commitment to quality will ensure the successful delivery of Smartworld The Edition,” said Vivek Singhal, CEO, Smartworld Developers.

Spokesperson from Ahluwalia Contracts (India) Ltd commented, “Partnering with Smartworld Developers on their flagship project, Smartworld The Edition, is a significant opportunity for us to showcase our expertise in constructing luxury residences. This project exemplifies modern luxury and innovative design, featuring unique elements such as private jacuzzies on each apartment deck and an exclusive 7-star highlife club. We are eager to translate this vision into reality and are committed to delivering exceptional quality and craftsmanship. Our team is dedicated to making Smartworld The Edition a standout residential landmark in Gurugram, reflecting the pinnacle of contemporary living.”

Smartworld The Edition has been designed by acclaimed international consulting partners like Studio Symbiosis, Red Landscape, Greymatters, and That’s ITH. The vertical facade design of these towers is modern and contemporary, with sleek lines, large windows, and spacious balconies featuring 9-foot-wide decks. A unique luxury feature is the private jacuzzi on each apartment deck, providing an unparalleled living experience. The ground floor has been kept free of any apartments, dedicated instead to communal spaces for residents to meet, have breakout sessions, meditate, and provide areas for toddlers.

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