News: SBI Lends Rs 330 Crore to Landmark Group for Gurugram Office-07-10-2026
Landmark Group has secured Rs 330 crore in construction finance from the State Bank of India (SBI) for Landmark One, its upcoming commercial project on Golf Course Extension Road in Gurugram.
Sandeep Chhillar, chairman, Landmark Group, called the funding an important milestone that reflects SBI’s confidence in the project and would help maintain momentum on execution.
According to the company statement, Landmark One is a Grade A+ development designed by Sohrab Dalal, co-founder, DPA, with floor plates of approximately one lakh sq. ft., 49 high-speed elevators and 11 levels of parking. An amenity zone called The Hub will house conference facilities, a wellness centre and food and beverage outlets. The design includes a climate-responsive façade, biophilic sky terraces, rainwater harvesting, advanced air filtration and solar integration, and the project is pursuing LEED and IGBC certifications.
On the wider market, CBRE South Asia Pvt Ltd’s India Office Figures for Q3 2026 showed office absorption of ~66.4 million sq. ft. in January-September, a record for any nine-month period and up 8% year-on-year. Global Capability Centres leased ~8.7 million sq. ft. in the quarter, taking their nine-month absorption to a record ~28 million sq. ft., or 42% of overall leasing and 16% higher Y-o-Y. Hyderabad (37%) and Bengaluru (28%) led GCC leasing in the quarter, followed by Chennai (11%), Delhi-NCR (11%), Pune (7%) and Mumbai (5%).
