Real estate developer Elan Group has unveiled plans to invest approximately ₹1,600 crore in a new ultra-luxury housing project in Gurugram, signalling confidence in the premium residential market amid sustained demand for high-end homes.
The project, named Elan The Statement, is located in Sector 49, Gurugram, spread across around six acres of land. It marks Elan Group’s continued expansion in the region’s upscale housing segment, following strong interest from affluent homebuyers seeking spacious, well-appointed residences in one of NCR’s most sought-after urban hubs.
As per the company’s statement, the development’s first phase will feature 230 four-bedroom luxury residences distributed across five towers. The units have large floor plans ranging from about 4,300 to 4,500 square feet, catering to families and individual buyers looking for grand living spaces with premium specifications.
Designed by globally renowned London-based architectural firm Benoy, the project boasts a striking metal-and-glass façade and world-class design features that set it apart from typical residential developments in the region. The residences will come equipped with private lift lobbies, top-tier finishes, and a curated suite of high-end amenities tailored to an elite lifestyle.
According to Vineet Dawar, President of Sales and Strategy at Elan Group, the Gurugram luxury housing market has been experiencing strong demand over recent years, with discerning buyers drawn to properties offering exclusivity, premium construction quality, and seamless connectivity to key commercial and urban centres.
The investment underscores Elan Group’s strategy to deepen its presence in the National Capital Region’s real estate landscape, expanding beyond commercial and retail spaces into high-end residential offerings. The company’s portfolio already includes several projects across Gurugram and New Delhi, with a total built-up area of about 25 million square feet.
This ultra-luxury initiative is expected not only to enrich Gurugram’s housing ecosystem but also to attract premium buyers and investors looking for top-tier living experiences in India’s dynamic property market.
