Hines and Conscient engage in joint venture – ‘Elevate’

Elevate will be designed by renowned Spanish architect Ricardo E Bofill, highlights press communiqué

Photo by EJ Yao on Unsplash

-By the Industrial India Content Team 

International real estate firm – Hines and Conscient Infrastructure has formed a joint venture to develop a premium residential project know as Elevate. Hines has given an INR 500 crore contract to Tata Projects to construct this premium housing project at Sector 59 in Gurugram’s Golf Course.

Prachish Vasudeva, senior director, Hines India said, “We are delighted to award this prestigious contract to one of the finest construction companies in India. Elevate is a high-quality project and in Tata Projects we find a partner who shares our commitment to quality, transparency, safety and timely delivery to create the highest possible value for our customers.” Rajesh Jain, director, Conscient Infrastructure said: “We chose Tata Projects because of our confidence in their construction engineering ability and their commitment to deliver high quality that an international architectural design requires.”

Vinayak Deshpande, Managing Director, TATA Projects, said: “We are happy to be constructing this premium residential project using world-class construction techniques with uncompromising standards of safety and quality. It is these qualities that have made us one of India’s most trusted companies in infrastructure and construction sector. Some of the country’s most important housing projects are being built by Tata Projects.”

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