The Elan Group, a prime real estate developer based in Gurugram, has made public its aim to invest a sum of close to ₹1,600 crore in a residential project in the city, called “Elan The Statement”, which aims at the ultra-luxury segment of the housing market in the NCR.
This move aligns with the Group’s increased emphasis on the premium housing segment, where the demand for luxury homes in the National Capital Region (NCR) remains quite strong.
Elan Group launch Ultra-Luxury Residential Project of 1600 crore in Gurgaon
The new project “Elan The Statement”, situated in Sector 49, one of the mature residential and commercial sectors of Gurugram, is a high-end, low-density residential development that extensively covers the target market of affluent home buyers who seek large-format houses with bespoke designs and amenities. It spread out over nearly 6 acres.
First phase of the project will introduce 230 four-bedroom homes in five towers. The floor area of the apartments will be from 4,300 to 4,500 square feet, thus firmly placing the project in the category of ultra-luxury. As per the company, the layout designed to ensure privacy and exclusivity because there are only two apartments per core, and each residence has a private lift lobby.
Project designed by renowned London Based Architectural Firm
The project designed by Benoy, a globally renowned architectural firm based in London, known for its landmark developments across the world, as per the information from Elan Group. The metal-and-glass façade of the Statement of Elan will be distinctive and a relatively new architectural style in the Gurugram residential market, as per the released information by the company.
The design solution, according to the firm, gives the project a cosmopolitan look and makes it visually attractive as compared to the standard luxury housing developments of the region.
Read also: Guwahati’s New Airport Terminal Nears Completion with Bamboo Orchid Design