Last Update: May 22, 2023, 5:00 PM IST
Gurugram-based AIPL has delivered 60 projects across various cities. (Representational image)
AIPL has leased office space to companies such as Orient Electric, Atria Convergence Technologies (ACT), Dormakaba India Pvt Ltd and law firm Bharucha & Partners.
Realty firm Advance India Projects Ltd (AIPL) has leased around 70,000 sq ft of prime office space to corporates at its commercial project in South Delhi. Project ‘AIPL Legacy’ located at Okhla is a joint venture between AIPL Group and Shyam Spectra Private Limited (SSPL). The total leasable area in the project is 88,522 sq.ft. SSPL is the owner of the land while AIPL has invested around Rs 32 crore for the construction and development of the project.
AIPL said in a statement that it has leased office space to companies such as Orient Electric, Atria Convergence Technologies (ACT), Dormakaba India Pvt Ltd and law firm Bharucha & Partners.
AIPL Group Director Ishan Singh said, “The strategic location of the project in the heart of South Delhi, where there is a paucity of Grade A+ office space, has resulted in strong demand.”
Gurugram-based AIPL has delivered 60 projects across various cities. It has so far developed over 7 million sq ft of office space, 3.7 million sq ft of retail space and 320 acres of residential townships across Delhi-NCR, Punjab and Rajasthan.
(This story has not been edited by News18 staff and is published from a syndicated news agency feed – PTI,