Manglam Builders Jaipur Announces Rs 500-Crore Commercial Project on Ajmer Road
Addressofchoice 09 December 2024Manglam Builders Jaipur has made headlines with the acquisition of a prime 3.5-acre land parcel on Ajmer Road, Jaipur. Purchased for a staggering Rs 107 crore, this plot will soon transform into a luxury mixed-use commercial hub, aiming to elevate the city's real estate profile.
Ambitious Rs 500-Crore Development Project
The proposed Rs 500-crore project will encompass an impressive built-up area of 11 lakh sq. ft., featuring premium retail spaces, a 200-room five-star hotel, a state-of-the-art multiplex, and modern office spaces. With a vision to offer global standards, the project will integrate eco-friendly materials, energy-efficient practices, and 15,000 sq. ft. of banqueting space. Collaborating with renowned architects and designers, Manglam Builders aims to combine functionality and aesthetic appeal seamlessly.
A New Destination for Retail and Entertainment
Manglam Builders’ new project is set to house a variety of high-end retail outlets, F&B establishments, and entertainment options. The retail segment will cater to premium brands, ensuring a world-class shopping and leisure experience. With a focus on sustainability and innovation, this development promises to be a landmark destination for residents and visitors alike.
Strengthening Manglam Builders' Legacy
With an extensive 1,000-acre land bank and a track record of over 70 completed projects, Manglam Builders Jaipur continues to dominate the city’s real estate scene. This new venture on Ajmer Road is complemented by another ambitious project, 'Pinkwalk,' in Jagatpura, Jaipur. Together, these projects underscore the builder’s commitment to redefining urban spaces.
Addressing Jaipur’s Growing Demand for Luxury Spaces
Ajay Gupta, Director at Manglam Builders, highlighted the rising demand for premium commercial spaces in Jaipur. “The unprecedented demand for commercial spaces in Jaipur has driven the company to deliver this luxurious project,” he said. Positioned as a response to the city’s evolving realty landscape, this project aims to set new benchmarks in quality and design.
Project Highlights in Brief
- Project Name: Yet to be announced.
- Location: Ajmer Road, Jaipur, Rajasthan.
- Investment: Rs 500 crore.
- Features:
- Retail spaces with high-end brands.
- A 200-room five-star hotel.
- Multiplex and modern office spaces.
- 15,000 sq. ft. of banqueting space.
- Sustainability-focused design and construction practices.
- Land Acquisition Cost: Rs 107 crore.
- Total Built-Up Area: 11 lakh sq. ft.
- Company Legacy: Over 70 completed projects and a 1,000-acre land bank.
- Complementary Project: 'Pinkwalk' in Jagatpura, Jaipur.
This development cements Manglam Builders Jaipur’s position as a leader in innovative, luxury real estate projects, poised to redefine the skyline of Ajmer Road.
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