Haryana Chief Minister Manohar Lal Khattar inaugurated the construction work of the first Swedish furniture retailer IKEA 'Mixed Use Commercial Project' in north India at Ingka Centers in Gurugram by performing Bhoomi Pujan on Tuesday.
This mixed-use IKEA project is to be built with an investment of about Rs 3,500 crore which will be constructed in Sector 47 of Gurugram.
Ingka Group, parent of IKEA Retail, in a statement, said that the project, which will be completed by 2025, will create about 2,500 jobs. The estimated investment for the project is around ?3,500 crore.
The IKEA project will come up in Sector 47 where the company purchased 10 acres of land from the Haryana Shahari Vikas Pradhikaran in 2017. The company had said that the proposed IKEA store will come up to over 4 lakh square feet.
The total building area of the Gurugram new meeting place will be around 1,700,000 sq. ft over nine floors.