New Delhi, March 5:
Real estate developer Silverglades Group has tied up with multiplex operator PVR Ltd for a 4-screen cinema in its mixed use project on Laburnum Drive in Gurugram.
The 4-screen cinema will come up at Silverglades’ 3 lakh sq ft commercial tower, which is part of 5-acre mixed-use project ‘Hightown’. The commercial tower is being planned on a lease model where top brands are being signed on.
Commenting on the tie-up, Silverglades Group CEO, Mr Anubhav Jain said, “We will be developing 3 lakh sq. ft. of commercial space, as well as 260 luxurious apartments in the top-notch location of Gurugram. Our aim is to provide “live-work-play” as part of multi se real estate offering. Our customers will have more time to spend with family rather than travelling to avail all amenities. For this, we are proud of our tie-up with India’s most premium multiplex operator in the country —PVR Cinemas”.
Earlier this month, Silverglades had announced their plans to develop this landmark project at the heart of Gurugram consisting of 260 high-end 3 & 4 BHK apartments and 3 lakh sq ft of commercial space in this mix-use project. The excavation work has commenced and the project is set to be delivered in the next 4 years.
Silverglades is one of India’s leading boutique developers, specializing in residential housing, commercial, township projects and golf-based leisure developments.
It has completed six projects so far.
The Laburnum and Classic Golf Resort (co-promoted by Mr Pradeep Jain) in JV with ITC, The IVY, Tarudhan Valley Golf Resort, The Peach Tree and Merchant Plaza and Classic Golf Resort.
Silverglades is currently developing three other projects — a) The Melia — a housing project spread over 17.5 acres. B) Melia First Citizen for senior living c) Hill Home at Kasauli in Himachal Pradesh.