GURUGRAM– Real estate developer Elan Group announced plans on Tuesday to invest approximately Rs 3,000 crore in a new ultra-luxury housing project along the Dwarka Expressway in Gurugram, as published by Business Standard.
The development, named Elan The Emperor, will be located in Sector 106 and is part of a larger township spanning more than 50 acres. The mixed-use township will include residential apartments, branded residences, a high-end shopping mall, a five-star luxury hotel, and premium office spaces.
According to the company, the new project will feature nearly 600 residential units, covering a saleable area of approximately 2.9 million square feet. This will be the second project within the township.
“Sector 106 along the Dwarka Expressway is rapidly emerging as the newest focal point of Gurugram’s urban transformation,” said Vineet Dawar, president of sales and strategy at Elan Group.
Elan Group has brought in internationally acclaimed consultants for the project. SWA, a U.S.-based landscaping architecture firm, will design outdoor spaces, while UHA London has been appointed as the principal architect. WET Design, headquartered in the U.S., will handle water installations, and Dubai-based CD+M will oversee lighting design. HBA (Hirsch Bedner Associates) will be responsible for interior design.
New York-based Thornton Tomasetti will provide structural, engineering, and sustainability solutions. Construction will be managed by Leighton Group, an Australian firm.
Elan Group’s real estate portfolio includes 15 residential, retail, commercial, and hospitality projects across Gurugram and New Delhi, encompassing a total built-up area of approximately 25 million square feet.
The company emphasized that the total investment for the project is estimated at Rs 3,000 crore, reinforcing its commitment to developing premium real estate offerings. This investment aligns with Elan Group’s strategy to position itself as a key player in India’s high-end real estate market.