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Gurugram-based real estate firm Advance India Projects Ltd. (AIPL), renowned for its expertise in developing high-end commercial and residential real estate projects, has successfully entered into lease agreements for approximately 5 lakh sq. ft of office space within its prestigious Grade A+ office complex, known as the 'AIPL Business Club'.
Situated on Golf Course Extension Road, Sector 62, Gurugram, Haryana, the AIPL Business Club encompasses an impressive total leasable area of around 6,75,000 sq. ft. In addition to its office spaces, the complex also features retail outlets and a vibrant food court, catering to the diverse needs of its occupants. With a substantial investment of approximately Rs 320 crore, this remarkable project has been meticulously developed.
AIPL is confident in its projection of an annual rental income of around Rs 50 crore, further enhancing its position as a formidable player in the real estate market. The AIPL Business Club has successfully attracted esteemed tenants who have chosen to occupy specific square footage within the premises. Notable names include Kuehne+Nagel, which has taken up 65,220 square feet of space. Following closely behind are Lummus Technology (52,374 sq. ft), Milliman (52,374 sq. ft), British Airways (52,378 sq. ft), Deloitte (51,409 sq. ft), Cargill (35,797 sq. ft), Brillon Consumer Products (16,603 sq. ft), Grupo Bimbo (16,596 sq. ft), and Unlimint (14,855 sq. ft), among others.
Ishaan Singh, the Director of AIPL, attributes the success of the complex to its captivating design and architectural brilliance, which have played a pivotal role in attracting corporate entities seeking to expand their presence in Gurugram. The AIPL Business Club proudly holds the prestigious LEED Gold and GRIHA 4 Star Certifications, highlighting its commitment to sustainable and environmentally friendly practices.
AIPL's impressive portfolio encompasses over 7 million sq. ft of premium office spaces, more than 3.7 million sq. ft of retail spaces, and the development of approximately 800 acres of residential townships across Delhi-NCR and Punjab. With its unwavering commitment to excellence, AIPL continues to redefine the real estate landscape, setting new standards of quality and innovation in every project it undertakes.
With over 20 years of experience in real estate development, AIPL has established itself as a trusted player in the industry. Committed to delivering excellence, AIPL has a diverse portfolio of projects that cater to the evolving needs of its customers. As a leading real estate developer in Gurgaon, they are dedicated to contributing to the region's infrastructure development. AIPL's new projects embody the principles of sustainability, offering a lifestyle that combines exclusivity and convenience.
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