Adore Group Launches Rs 800 Crore Ultra-Luxury Housing Project in Faridabad

Adore Group, a prominent realty developer, is set to invest Rs 800 crore in an ultra-luxury housing project, 'The Select Premia', in Faridabad's Sector-76. The project, spanning 5.47 acres, aims to cater to the growing demand for high-end residential properties in the Delhi-NCR region.

Luxury HousingReal EstateAdore GroupFaridabadDelhincrReal Estate NewsMay 27, 2025

Adore Group Launches Rs 800 Crore Ultra-Luxury Housing Project in Faridabad
Real Estate News:Realty developer Adore Group has announced a significant investment of around Rs 800 crore to launch an ultra-luxury residential project, 'The Select Premia', in Sector-76, Faridabad. The project, spread over 5.47 acres, will feature 190 premium apartments catering to the growing demand for high-end housing in the region.

The land for this development was acquired by Adore Group in 2023 through auctions conducted by Haryana Shahari Vikas Pradhikaran (HSVP). The investment of Rs 800 crore covers land acquisition, construction, and other associated expenses.

Jetaish Gupta, a representative of Adore Group, highlighted Faridabad’s rapid growth, fueled by a booming economy driven by a surge in IT and manufacturing sectors. The city’s evolving landscape makes it a strategic location for luxury real estate developments.

Adore Group, known for completing 17 successful housing projects in Faridabad and Gurugram, is optimistic about the potential of this new venture. The company's track record and expertise in the region position them well to deliver a project that meets the high standards of luxury and quality expected by discerning buyers.

Supporting the optimistic outlook, data from analytics firm PropEquity shows that the Delhi-NCR housing market recorded a 63% year-on-year sales increase, reaching Rs 1.53 lakh crore in 2024. This significant growth reflects strong demand for residential properties in the region, particularly in the luxury segment.

The Select Premia is expected to offer a range of amenities and features that cater to the needs of affluent homeowners. These may include state-of-the-art security systems, premium finishes, landscaped gardens, and recreational facilities. The project is set to become a landmark development in Faridabad, further enhancing the city's appeal as a prime destination for luxury real estate.

Adore Group’s commitment to this project underscores the company's confidence in the market and its dedication to delivering world-class living experiences. With the project expected to attract both local and international buyers, The Select Premia is poised to set new standards in luxury housing in the Delhi-NCR region.

Frequently Asked Questions

What is the total investment for The Select Premia project?

The total investment for The Select Premia project is Rs 800 crore.

Where is The Select Premia project located?

The Select Premia project is located in Sector-76, Faridabad.

How many premium apartments will The Select Premia project have?

The Select Premia project will have 190 premium apartments.

When was the land for The Select Premia project acquired?

The land for The Select Premia project was acquired in 2023.

What is the current trend in the Delhi-NCR housing market?

The Delhi-NCR housing market recorded a 63% year-on-year sales increase, reaching Rs 1.53 lakh crore in 2024, reflecting strong demand for residential properties.

Related News Articles

Maharashtra's Real Estate Market Sees Upsurge in Property Registrations
real estate news

Maharashtra's Real Estate Market Sees Upsurge in Property Registrations

Maharashtra's real estate market experiences a boost in property registrations and revenue despite unchanged RR rates, indicating a shift towards high-value transactions.

June 20, 2024
Read Article
Top Stock Picks for Short-Term Gains: Bajaj Finserv, HDFC Life, HDFC Bank, and LIC Housing Finance
real estate news

Top Stock Picks for Short-Term Gains: Bajaj Finserv, HDFC Life, HDFC Bank, and LIC Housing Finance

Market tech analysts Soni Patnaik, Mitessh Thakkar, and F&O analyst Rajesh Palviya recommend these stocks for short-term gains.

June 26, 2024
Read Article
3 Financial Stocks Show Promise, Real Estate Overhyped: Samir Arora
Real Estate

3 Financial Stocks Show Promise, Real Estate Overhyped: Samir Arora

Samir Arora, Founder of Helios Capital, highlights the potential of some NBFCs and microfinance companies, while expressing concerns about the real estate sector being overdone. He believes that HDFC Bank, Kotak Bank, and Bajaj Finance, which have underpe

October 10, 2024
Read Article
NBT Office Relocation and Pune Book Festival Expected to Draw 7.5 Lakh Visitors
Real Estate Pune

NBT Office Relocation and Pune Book Festival Expected to Draw 7.5 Lakh Visitors

The National Book Trust (NBT) is set to shift its office to the city, a move that coincides with the highly anticipated Pune Book Festival. The festival, expected to attract 7.5 lakh visitors, is a significant cultural event that showcases a wide array of

November 29, 2024
Read Article
Metro Brands Promoters Acquire Five Luxury Apartments in Mumbai's Worli for ₹405 Crore
Real Estate Mumbai

Metro Brands Promoters Acquire Five Luxury Apartments in Mumbai's Worli for ₹405 Crore

The promoters of footwear retailer Metro Brands have made a significant investment in Mumbai's luxury real estate market by purchasing five apartments in the Worli area for ₹405 crore. These apartments are located in one of the city's tallest buildings, P

January 1, 2025
Read Article
Maharashtra Real Estate: Majority of Developers Update Project Details for MahaRERA Compliance
Real Estate Mumbai

Maharashtra Real Estate: Majority of Developers Update Project Details for MahaRERA Compliance

A significant number of real estate developers in Maharashtra have taken steps to improve their compliance with the Maharashtra Real Estate Regulatory Authority (MahaRERA) by updating their project details. This move reflects a growing commitment to trans

February 18, 2025
Read Article