Gurugram-based Elan Group has announced plans to invest nearly Rs 1,600 crore to develop an ultra-luxury residential project in Sector 49, Gurugram. 

The project, named Elan The Statement, will span approx. six acres. The first phase will feature 230 four-bedroom residences, with unit sizes ranging from 4,300 to 4,500 sq. ft. These residences will boast high-end finishes, private lift lobbies, and a two-homes-per-core layout. The architectural design, led by the London-based firm Benoy, incorporates a unique metal-and-glass façade, making the development stand out in the region. Elan Group aims to offer an elevated living experience with comprehensive amenities suitable for all age groups. 

“‘Elan The Statement’ addresses this demand with spacious layouts, a comprehensive suite of amenities curated for all age groups and a striking golden glass façade that elevates the project’s visual and experiential appeal. The potential of this location is undeniable and a development of this stature is precisely what the market here is ready for,” said Vineet Dawar, president, sales and strategy, Elan Group. The Group’s portfolio includes 15 projects across Gurugram and New Delhi, with a total built-up area of 25 million sq ft.