{"id":1004036062,"date":"2012-01-27T06:39:19","date_gmt":"2012-01-27T14:39:19","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004036062"},"modified":"2022-12-06T11:42:19","modified_gmt":"2022-12-06T19:42:19","slug":"hines-dlf-ltd-begin-construction-on-800-ksf-office-space-in-new-delhi","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hines-dlf-ltd-begin-construction-on-800-ksf-office-space-in-new-delhi\/","title":{"rendered":"Hines, DLF Ltd. Begin Construction on 800 KSF Office Space in New Delhi"},"content":{"rendered":"<p><strong>January 27, 2012<\/strong><br \/>\n<em>By Nicholas Ziegler, News Editor<\/em><br \/>\n<a class=\"highslide\" href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/01\/012712-Hines-DLF-One-Horizon-Center.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/01\/012712-Hines-DLF-One-Horizon-Center.jpg\" alt=\"\" title=\"012712 - Hines DLF One Horizon Center\" width=\"300\" height=\"197\" class=\"alignright size-medium wp-image-1004036063\" \/><\/a><\/p>\n<p>Capitalizing on the increased need for both office and retail space, Hines has partnered with DLF Ltd. to begin construction on One Horizon Center, which will be located southwest of New Delhi in Gurgaon. The project will include a 25-story office tower with 800,000 square feet of space, as well as 65,000 square feet of retail.<\/p>\n<p>\u201cAlong with DLF, we are proud to celebrate the start of construction of One Horizon Center,\u201d Hines CEO Jeffrey Hines said. \u201cIndia is an important market for us with huge potential, as we see growing demand among discerning clients. We have invested significant time to study and understand the needs of the market, and we are committed to extending our international best practices to this development.\u201d<\/p>\n<p>According to a report by Cushman &amp; Wakefield Inc., demand for quality real estate in India is going to see strong upswings. \u201cRetailer expansion in India is a result of a combination of strong economic growth driven primarily by internal consumption backed by quality retail supply being provided in major cities across India,\u201d Jaideep Wahi, director of retail services for India, said. \u201cGrowth in the luxury sector has been a rising trend. 2012 will provide a conducive environment for further retail expansion in India, with continued economic growth and new shopping centre supply in the top ten cities.\u201d<\/p>\n<p>Additionally, a report by Jones Lang LaSalle Inc. pegs India\u2019s GDP growth at 7.7 percent for 2012, \u201cas generally vibrant consumer spending should help to offset slowing exports and investment spending.\u201d<\/p>\n<p>One Horizon Center marks Hines\u2019 first project in India and is scheduled for completion in 2013.  The structure is being built to LEED sustainability criteria that includes a dual-paned glass fa\u00e7ade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Capitalizing on the increased need for both office and retail space, Hines has partnered with DLF Ltd. to begin construction on One Horizon Center, which will be located southwest of New Delhi in Gurgaon. <\/p>\n","protected":false},"author":1201,"featured_media":1004038640,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,16,21783,21742,21747,21749],"tags":[],"class_list":["post-1004036062","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-international","category-investment","category-latest","category-office","category-retail"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hines, DLF Ltd. Begin Construction on 800 KSF Office Space in New Delhi - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hines-dlf-ltd-begin-construction-on-800-ksf-office-space-in-new-delhi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hines, DLF Ltd. Begin Construction on 800 KSF Office Space in New Delhi\" \/>\n<meta property=\"og:description\" content=\"Capitalizing on the increased need for both office and retail space, Hines has partnered with DLF Ltd. to begin construction on One Horizon Center, which will be located southwest of New Delhi in Gurgaon.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hines-dlf-ltd-begin-construction-on-800-ksf-office-space-in-new-delhi\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-01-27T14:39:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T19:42:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2012\/01\/012712-Hines-DLF-One-Horizon-Center.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"550\" \/>\n\t<meta property=\"og:image:height\" content=\"362\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nicholas Ziegler\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hines-dlf-ltd-begin-construction-on-800-ksf-office-space-in-new-delhi\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hines-dlf-ltd-begin-construction-on-800-ksf-office-space-in-new-delhi\/\",\"name\":\"Hines, DLF Ltd. 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