Conscient Eyes Rs 1,000 Crore from 268 Luxury Apartments in Gurugram's 5.5 Acre Project

Conscient, a leading real estate developer, is set to launch Phase 1 of its luxury housing project in Gurugram, targeting Rs 1,000 crore from 268 apartments. This move aligns with the company's strategy to capitalize on the growing demand in the NCR market.

Real EstateLuxury ApartmentsGurugramNcr MarketConscientReal Estate NewsApr 18, 2025

Conscient Eyes Rs 1,000 Crore from 268 Luxury Apartments in Gurugram's 5.5 Acre Project
Real Estate News:Conscient, a prominent real estate developer, is making a significant move in the NCR market with the launch of Phase 1 of its luxury housing project in Gurugram. The project, spread over 5.5 acres, is expected to generate Rs 1,000 crore from the sale of 268 apartments.

The luxury apartments are designed to cater to the growing demand for high-quality housing in the National Capital Region (NCR). Gurugram, known for its booming real estate sector, has seen a surge in demand for premium residential properties. Conscient's project aims to meet this demand by offering spacious and well-appointed homes.

According to the company, the apartments will range in size from 2 to 4 bedrooms, with features such as modern amenities, landscaped gardens, and state-of-the-art security systems. The project is strategically located in a prime area of Gurugram, ensuring residents have easy access to key infrastructure, including transportation, shopping, and educational facilities.

Conscient's CEO, Mr. Ajay Kapoor, expressed confidence in the project's success. 'The NCR market has shown strong resilience and growth potential, and our project is well-positioned to capitalize on this trend,' he said. 'We are committed to delivering a product that not only meets but exceeds the expectations of our customers.'

The launch of Phase 1 is part of Conscient's broader strategy to expand its footprint in the NCR. The company has a track record of delivering successful projects across various segments, from residential to commercial. With this new project, Conscient aims to further solidify its position as a leading player in the real estate market.

Analysts in the real estate sector have also expressed optimism about the project. 'The demand for luxury housing in Gurugram remains robust, and Conscient's project is well-placed to attract both investors and homebuyers,' said Mr. Rohit Bansal, a real estate analyst. 'The company's focus on quality and customer satisfaction is a key differentiator in a competitive market.'

The project is expected to be completed within the next 24-30 months. Conscient has already begun the pre-launch marketing campaign and is inviting potential buyers to register their interest. The company is offering attractive schemes and financing options to make the homes more accessible to a wider range of buyers.

In addition to the residential units, the project will include a range of amenities designed to enhance the quality of life for residents. These include a clubhouse, swimming pool, gymnasium, and children's play areas. The attention to detail and the focus on community living are key selling points of the project.

Conscient's commitment to sustainability is also evident in the project's design. The company is incorporating eco-friendly features such as solar panels, rainwater harvesting, and energy-efficient appliances. These measures aim to reduce the environmental impact of the project and provide long-term benefits to residents.

The launch of Phase 1 of the 5.5 acre project in Gurugram represents a significant milestone for Conscient. With a strong market presence and a track record of delivering quality projects, the company is well-positioned to achieve its sales targets and contribute to the growth of the NCR real estate market.

Frequently Asked Questions

What is the size of the project in Gurugram launched by Conscient?

The project in Gurugram launched by Conscient is spread over 5.5 acres and includes 268 luxury apartments.

How much revenue is Conscient expecting from Phase 1 of the project?

Conscient is targeting Rs 1,000 crore in revenue from the sale of 268 apartments in Phase 1 of the project.

What are the key features of the luxury apartments in the project?

The luxury apartments in the project will range from 2 to 4 bedrooms and will include modern amenities, landscaped gardens, and state-of-the-art security systems.

What is the expected completion time for Phase 1 of the project?

Phase 1 of the project is expected to be completed within the next 24-30 months.

What sustainability measures are being incorporated into the project?

The project will include eco-friendly features such as solar panels, rainwater harvesting, and energy-efficient appliances to reduce its environmental impact.

Related News Articles

Maharashtra MLAs Urge Scrapping of Nagpur-Goa Highway Amid Environmental Concerns
Real Estate Maharashtra

Maharashtra MLAs Urge Scrapping of Nagpur-Goa Highway Amid Environmental Concerns

Maharashtra MLAs have urged the scrapping of the Nagpur-Goa highway project due to environmental concerns and sustainability issues.

July 3, 2024
Read Article
India's Real Estate Sector Sees Record Investments of $4.8 Billion in H1 2024
real estate news

India's Real Estate Sector Sees Record Investments of $4.8 Billion in H1 2024

Institutional investments in Indian real estate surge to a record $4.8 billion, driven by foreign and domestic investors, with emerging sectors like data centres and life sciences gaining traction.

July 5, 2024
Read Article
NCP Leader Amir Khaanzada Goes Missing, Associate Found Dead in Raigad
Real Estate Mumbai

NCP Leader Amir Khaanzada Goes Missing, Associate Found Dead in Raigad

Navi Mumbai police found real estate agent Sumit Jain's body near Pen, Raigad, but are still searching for Amir Khaanzada, NCP leader, who was with Jain.

August 24, 2024
Read Article
Top Executive Ashish Singh Quits Actis, to Pursue Entrepreneurial Ventures
Real Estate

Top Executive Ashish Singh Quits Actis, to Pursue Entrepreneurial Ventures

Ashish Singh, head of India and SE Asia realty at Actis, resigns after 20 years of experience in real estate. He will stay on till end of 2025.

October 3, 2024
Read Article
Metal Stocks Perform Well: National Aluminium and NMDC Gain 3%
Real Estate

Metal Stocks Perform Well: National Aluminium and NMDC Gain 3%

The recent stimulus package from the Chinese government, focusing on real estate and infrastructure, has boosted metal stocks, with National Aluminium and NMDC each rising by 3%. This positive trend reflects growing optimism in the global metal market.

October 11, 2024
Read Article
Bombay High Court Directs Local Bodies to Integrate with MahaRERA Portal
Real Estate Maharashtra

Bombay High Court Directs Local Bodies to Integrate with MahaRERA Portal

The Bombay High Court has ordered all municipal corporations and councils in Maharashtra to integrate their websites with the MahaRERA portal for real-time data sharing and improved transparency.

November 25, 2024
Read Article