Elan Group to invest ₹1,600 crore in ultra-luxury housing project in Gurugram, India

Gurugram: Realty developer Elan Group on Thursday announced plans to invest around ₹1,600 crore to develop an ultra-luxury residential project in Gurugram, reflecting rising demand for high-end housing in the NCR market.

The project, named Elan The Statement, is located in Sector 49, Gurugram, and spans nearly six acres. In the first phase, the company will develop 230 four-bedroom residences across five towers, with unit sizes ranging from 4,300 to 4,500 sq ft.

According to the company, the residences will feature a two-homes-per-core layout, private lift lobbies, premium interior specifications, and fine detailing. The development will also include an elevated amenity ecosystem, aimed at enhancing the project’s luxury appeal.

Architectural design for the project has been led by London-based firm Benoy. The development will feature a metal-and-glass façade, a relatively uncommon architectural style in the region, giving the project a distinct global character, Elan Group said.

Commenting on the launch, Vineet Dawar, President – Sales and Strategy, Elan Group, said the project is designed to cater to growing demand for spacious, high-end homes in Gurugram. He added that the combination of large layouts, amenities suited for all age groups, and a striking golden glass façade positions the project to meet evolving buyer expectations in the area.

Elan Group said the project reflects strong confidence in the potential of Sector 49 and the broader Gurugram residential market, where demand for premium and ultra-luxury housing continues to strengthen.