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Landmark Group has reportedly raised Rs 330 crore in construction finance from State Bank of India (SBI) for Landmark One, its upcoming commercial development on Golf Course Extension Road in Gurugram. The announcement was reported on October 7, 2026; the reports reviewed do not disclose the facility’s financial terms or confirm construction progress.
What the SBI financing is for
News reports identify Landmark One as the project supported by the Rs 330-crore facility. Landmark Group chairman Sandeep Chhillar said the financing would support construction and help maintain execution momentum, according to Hindustan Times. This is the company’s stated purpose for the funding, not independent evidence of the project’s current progress.
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1Fix the driver behind crashes, sound loss and screen glitches2Repair Windows errors before they cause bigger problems3Scan for outdated or missing drivers - takes under a minuteThe reported amount and lender are consistent across coverage by The Economic Times, Hindustan Times and Venture Intelligence. The reporting is not a substitute for SBI’s facility documents, and no direct lender confirmation was identified in those reports.
Where Landmark One is planned
Landmark One is an upcoming commercial project on Golf Course Extension Road in Gurugram. Reports describe access to business and transport hubs such as AeroCity and the Delhi-Mumbai Expressway, with Cyber City and Indira Gandhi International Airport within driving distance. These are location descriptions; the reports do not provide measured journey times.
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Reported project specifications and planned features
The Economic Times describes Landmark One as a Grade A+ commercial development designed by Sohrab Dalal. Its reporting gives an approximate floor-plate size of one lakh square feet and 11 levels of parking. Hindustan Times reports 49 high-speed elevators and describes a planned amenity zone called The Hub.
| Element | What reports describe | Status or qualification |
|---|---|---|
| Floor plates and parking | Approximately one lakh square feet per floor plate; 11 parking levels | Specifications reported by The Economic Times |
| Elevators | 49 high-speed elevators | Reported by Hindustan Times |
| The Hub | Conference facilities, a wellness centre, and food and beverage offerings | Described as a planned amenity zone by Hindustan Times |
| Environmental and indoor-environment features | Climate-responsive façade, biophilic sky terraces, rainwater harvesting, advanced air filtration, and solar integration | Features reported as part of the project plans by Hindustan Times |
| Green-building certification | LEED and IGBC certifications | Reported as being pursued, not awarded or confirmed |
What the announcement does not establish
The reports reviewed do not state the financing’s interest rate, tenure, security, drawdown conditions, repayment terms, or precise funding structure. They also do not establish a completion timetable, current construction stage, or whether either LEED or IGBC certification has been awarded. The announcement is evidence of reported construction finance, not proof that the building or its planned facilities are complete.
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