Rs 3,500 cr IKEA Mall comes to Gurugram, to be the first in India | SR Realty update

In a major investment deal, Ingka Centers, a part of Ingka Group that also owns IKEA Retail will develop a new IKEA anchored mixed-use development in the cyber city Gurugram, providing a major boost to the employment in the surrounding area, according to the company. A report by SURFACES REPORTER (SR).

Mixed-Use Development

Ingka Centers is planning to develop the Mixed-use development with a GBA of around 130,000 sq m which will be a sustainable mixed-use destination aiming to be a lively gathering place for leisure, entertainment and retail in one of world's fastest growing markets, the company said.

According to the plans, the construction for the new development will start early this year and is expected to generate more than 2500 jobs. The center is also aimed to contribute to the further growth of organized retail in the country.

New Branding

The center will be developed under the new LIVAT brand. It’s a Swedish word which means 'A Lively Happening' reflecting the vision of the development. It’s the 52nd neeting place by Ingka Centers and will offer a mix of hospitality, food and beverage, ‘edutainment’ learning spaces, alongside a wide retail offer anchored by an IKEA store. Acting as the local community place is expected to welcome more than 20 million people annually who will come to shop, work, eat, exercise, learn and socialise.

With a connectivity to the public transport system Ingka Centres’ meeting place has been awarded LEED Gold precertification, with 100 percent water recycling, sustainable construction techniques, renewable energy sourcing and charge points for electric vehicles. Spaces designed to meet the needs of busy people will encourage relaxation, good mental health and well-being.

“India is an exciting opportunity for us and our partners to bring new experiences to customers and to develop meeting places that bring value to communities and the planet. We know that when it comes to retail and leisure, change is the only constant. This is why our first Livat meeting place in India will be adaptable, with multiple offerings to match consumer lifestyles long into the future. We want to create destinations that make it easier for people to live even happier, healthier and more sustainable lifestyles – this will be our goal at Gurugram,” said Cindy Andersen, Ingka Centres Managing Director.

Peter Betzel, CEO and CSO, IKEA India said, “We are happy to announce our IKEA store in Gurugram together with Ingka Centres. India is an exciting country for IKEA, and we have a long-term commitment to reach many people with our omnichannel approach. Delhi NCR will be one of our biggest and most important markets in India and we can’t wait to meet and inspire the many people in that region with our beautiful, affordable, well designed and sustainable home furnishing products and solutions.”

Keep reading SURFACES REPORTER for more such articles and stories.

Join us in SOCIAL MEDIA to stay updated


Further, Subscribe to our magazine Sign Up for the FREE Surfaces Reporter Magazine Newsletter

Also, check out Surfaces Reporter’s encouraging, exciting and educational WEBINARS here.

You may also like to read about:

Ikea’s 187 sqm mobile home promotes sustainability and minimalist lifestyle

Rising raw material costs halting tile production at Morbi | Gujarat | SURFACES REPORTER Material news update

India Ranks Second Most Desirable Destination for Manufacturing | SR News Update

And more…


Post Your Comment

"Content that powers your Business. News that keeps you informed."

Surfaces Reporter is one of India's leading media in Print & Digital Telecast for News on Interiors & Architecture Projects, Products, Building Materials, and the Business of Design! Since 2011, it serves as a referral for designers & architects to know about inspiring projects and source new products. If you have a Product or Project worth publishing in Surfaces Reporter, please email us or you can also submit your project online.

Like Surfaces Reporter on Facebook | Follow us on Twitter and Instagram | Subscribe to our magazine | Sign Up for the FREE Surfaces Reporter Magazine Newsletter

Chandelier Charisma- A Stylish Office Transformation in Gurugram by groupDCA

Mixing natural and modern elements with wooden panels and vibrant colors, the office is both inviting and stylish.

Read more

Ashiana Housing Achieves Record Sales-All 224 Flats Sold in Gurugram Project Within 15 Minutes

Ashiana Housing sold 224 luxury flats in Gurugram within just 15 minutes of the launch, generating revenue of Rs 440 crore.

Read more

The Elan Group Appoints Benoy for Gurugrams First Luxury Mall Project

The upcoming mixed-use development by Elan Group at Sector 82 in Gurugram, crafted by Benoy, will comprise a luxury mall and a 5-star hotel. This complex will offer premium retail stores, a cinema, a food court, various entertainment facilities, and dining options.

Read more

Striking 65,000-Wire-Cut Red Brick Facade in Gurugram Designed by Logic Design + Build

The most striking feature of this project is its fantastic facade made of 65,000 wire-cut bricks forming intricate patterns on the central wall. This cleverly conceals proportions and reveals captivating line motifs and visual illusions.

Read more

This is alt