Conscient Developer Targets Rs 1,000 Crore from Elaira Residences in Gurugram
Conscient, a prominent real estate developer, is eyeing a substantial Rs 1,000 crore from the sale of 268 luxury apartments in Phase 1 of its 5.5-acre Elaira Residences project in Gurugram. The developer plans to invest Rs 1,200 crore across multiple phases of this prestigious residential project.
Real EstateLuxury ApartmentsGurugramConscientElaira ResidencesReal EstateApr 18, 2025
The Elaira Residences project is strategically located in Gurugram, a city known for its rapid urbanization and robust real estate market. The first phase of the project includes 268 apartments, each designed to offer a premium living experience. The apartments range from 2 to 4 bedrooms, catering to a diverse clientele, from young professionals to families looking for a luxurious lifestyle.
Conscient has invested heavily in ensuring that the Elaira Residences project meets the highest standards of luxury and comfort. The project features state-of-the-art amenities, including a sky lobby, a clubhouse, a swimming pool, a gymnasium, and a landscaped garden. The developer has also prioritized sustainability, with green building certifications and energy-efficient designs.
Gurugram, formerly known as Gurgaon, has seen significant economic growth over the past decade, driven by the establishment of numerous IT parks, corporate offices, and retail spaces. The city's proximity to the national capital, New Delhi, and its well-connected infrastructure have made it a prime location for luxury real estate developments. The Elaira Residences project is expected to capitalize on this growth and attract buyers looking for a premium living experience in a vibrant urban environment.
According to industry experts, the luxury residential market in Gurugram is poised for strong growth in the coming years. The demand for high-end properties has been increasing, driven by the rising disposable incomes of young professionals and the growing preference for luxury living. Conscient's Elaira Residences project is well-positioned to capture this demand, offering a unique blend of luxury, comfort, and convenience.
The developer has already received a positive response from potential buyers, with many expressing interest in the project. Conscient is confident that the Elaira Residences will meet and exceed the expectations of its clients, setting a new benchmark for luxury residential projects in Gurugram.
In addition to the 268 apartments in Phase 1, Conscient plans to develop several more phases of the Elaira Residences project, with each phase offering a range of premium features and amenities. The developer's commitment to quality and customer satisfaction is evident in every aspect of the project, from the meticulous design of the apartments to the comprehensive range of facilities.
As the real estate market in Gurugram continues to evolve, Conscient is committed to delivering projects that not only meet but exceed the expectations of its clients. The Elaira Residences project is a testament to the developer's vision and dedication to creating a world-class living experience. With its strategic location, premium amenities, and commitment to sustainability, the Elaira Residences is poised to become one of the most sought-after luxury residential projects in Gurugram.
Frequently Asked Questions
What is the total investment planned for the Elaira Residences project?
Conscient plans to invest Rs 1,200 crore in the Elaira Residences project across multiple phases.
How many apartments are included in Phase 1 of the Elaira Residences project?
Phase 1 of the Elaira Residences project includes 268 luxury apartments.
What are the key amenities featured in the Elaira Residences project?
The Elaira Residences project features a sky lobby, a clubhouse, a swimming pool, a gymnasium, and a landscaped garden.
Why is Gurugram a preferred location for luxury real estate projects?
Gurugram is preferred for luxury real estate projects due to its rapid urbanization, proximity to New Delhi, and well-connected infrastructure.
What is the target market for the Elaira Residences project?
The target market for the Elaira Residences project includes young professionals and families looking for a luxurious lifestyle in a vibrant urban environment.
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