January 29, 2024: Manglam Group on January 25, 2024, launched Manglam Signature Elite, a retail-cum-commercial real estate project at Narayan Singh Circle in Jaipur. Enjoying seamless connectivity to major city roads, this project offers spaces for corporate offices and showrooms. Mangalam Signature Elite, worth Rs 150 crore, features 168 units spanning 3,10,000 square foot (sqft). It has three floors dedicated to retail and 10 floors for corporate offices.
The project encompasses three basement parking levels, a swimming pool and a fully-equipped gymnasium for the professionals working in this space. It provides 100% power backup, concierge corner, fiber-to-the-home technology, clubhouse and mobile booster to ensure uninterrupted operations. Moreover, the project has sustainable features like a mix of natural and LED lighting powered by solar energy, water harvesting and sewage treatment plant. It features a rooftop restaurant overlooking the city to provide a venue for corporate meetings, client engagements and casual gatherings.
Amrita Gupta, director of Manglam Group and founder-president of Credai Rajasthan Women’s Wing, said, “Following the resounding success of our previous commercial venture, Signature Tower, we are thrilled to introduce Manglam Signature Elite. This project offers a world-class shopping experience with ultra-modern retail shops along with modern corporate offices with state-of-the-art amenities. With the right balance between shopping, fitness, sustainability and productivity, Manglam Signature Elite signifies our unwavering commitment to delivering the best quality and experience to our target audience.”
With 75% of the project area already booked, Manglam Group is expected to register sales of Rs 200 crore by 2024 from this project. The available spaces range from a starting area of 735 sqft to a maximum area of 20,000 sqft. The project is expected to be completed by June 2024. Manglam Signature Elite has already signed a leasing agreement with Westside, an apparel retail chain from the Tata Group, for the ground and first floors of the project.
Manglam Group has also recently launched the Manglam Rambagh Project, a luxurious residential project in Jaipur, with an investment of Rs 200 crore. The project incorporates eco-friendly features, Vastu principles and provisions for electric vehicle charging.
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