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New Deal


Announced

Completed

Hines and Conscient Infrastructure completed the formation of Elevate Homes.

Synopsis

Hines, a the international real estate firm, and Conscient Infrastructure, a real estate developer, completed the formation of Elevate Homes, a development management platform for residential projects. Financial terms were not disclosed. “Elevate is one of the bestselling projects in Gurugram commanding a premium to the micro market due to the value it offers to the customers. We are delighted to partner with Conscient again, this time for a platform that will execute multiple projects in Gurugram, Delhi and Noida. Hines and Conscient have built an effective joint team over the last six years and will now leverage the international expertise and domestic experience to fill the void of a development services company," Amit Diwan, Hines India Country Head.

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