Gurugram: Rizin Advisory Private Limited has recently concluded a significant transaction in its Grand View Towers, located at Gurgaon’s Sector 58. The company has recorded a noteworthy valuation of ₹32 Cr for the sale of an entire floor of the tower. The reputed lawyer Mr. Rohit Kochhar of Kochhar & Co. is the buyer of the deal.
With limited office floors available for sale, this deal is the most prominent transaction to date. The office plate was approximately 18000 sq ft in the Grand Hyatt Office Tower and the office fit-outs are expected to be completed by year-end.
Kochhar & Co., recognized as one of India’s leading corporate law firms in the last decades, boasts of a pan-Indian presence with offices in 7 cities in India and an impressive international presence with 5 overseas offices in Dubai, Singapore, Chicago, Toronto, and the Netherlands. Kochhar & Co. is one of the preferred Indian law firms for some of the largest multinational companies from North America, Europe, and Asia and represents more than 65 of the Fortune Global 500 corporations.
The transaction was facilitated by Kshitij Jain of Rizin Advisory and Foreo Advisory, who has been working as a multi-family office consultant for clients in India who shared insights into this remarkable commercial office tower. This iconic building, which is part of a mixed-use project, is home to the latest and one of the four prestigious Grand Hyatt hotels in the country.
Standing tall at 28 storeys, the Grand Hyatt Office Tower forms part of a sprawling 14-acre luxury development, masterfully designed by the renowned Foster + Partners from the UK. Beyond housing upscale shopping destinations and buzzing restaurants like Bellagio and Romeo Lane, the Tower proudly hosts one of the nation’s newest Grand Hyatt hotels.
Distinguishing itself with outstanding specifications, the Tower embodies a harmonious blend of energy efficiency, spacious column-free office spaces, iconic architecture with four-sided glazing, and an exquisitely luxurious aesthetic. Upon arrival, guests are greeted by a grand three-floor high lobby, while three basements accommodate a state-of-the-art automated puzzle parking system, significantly increasing parking capacity. Vertical transportation is seamlessly facilitated by a top-notch elevator system comprising ten elevators for guests plus two high-speed service elevators.
A few of the prominent occupants include Cinepolis, Stanza Living, Hines-Conscient, Hyatt, and Carlsberg. This Grade A office building truly stands out with its remarkable specifications, prime location, impressive frontage, and prestigious pre-certified 5-star GRIHA rating.