Shreeram Group Invests ₹500 Crore in Dalcore's Luxury Real Estate Project in Gurgaon
Gujarat-based Shreeram Group has entered the real estate sector with a significant investment of ₹500 crore in Dalcore for the development of a luxury residential project in Gurgaon.
Real EstateLuxury ResidentialGurgaonShreeram GroupDalcoreReal EstateNov 06, 2025
Dalcore has partnered with YOO, a global design and lifestyle brand founded by Philippe Starck and John Hitchcox, to develop 'The Falcon', a branded residential luxury project located in Sector 53, Golf Course Road, Gurgaon. The project is spread across approximately 2 acres and will feature a single tower with around 96 luxury residences, offering 3 BHK and 4 BHK apartments.
The residences at The Falcon will be priced at ₹10 crore and above, reflecting the premium nature of the project. This will be YOO’s first project in North India, adding to their existing portfolio of five projects in India across Pune and Hyderabad. YOO has also collaborated with Lodha in Mumbai and DN Group in Bhubaneswar, further solidifying their presence in the Indian real estate market.
Sidharth Chowdhry, Managing Director of Dalcore, expressed his excitement about the partnership, stating, “By joining hands with one of the world’s most celebrated design powerhouses, we aim to introduce a new language of lifestyle and design to Gurgaon. The location of The Falcon on Golf Course Road is a key differentiator; it offers exceptional connectivity and a robust social and physical infrastructure that complements the lifestyle we are creating.”
YOO has a global portfolio of over 30 residential projects, including Sky Oasis in Macau, Icon Brickell in Miami, and Gramercy in New York. According to research by Knight Frank, India ranks sixth globally in terms of live branded residential projects, contributing approximately 4% of the world’s supply. A projection by Noesis Capital Advisors indicates that the number of branded-residence projects in India could increase by nearly 60% by 2027, underscoring the rising demand, especially in Tier-1 cities such as the NCR, Mumbai, and Bengaluru.
This significant investment by Shreeram Group in Dalcore’s luxury project not only marks their entry into the real estate sector but also highlights the growing trend of high-net-worth individuals seeking premium living options in well-connected areas. The Falcon is poised to become a landmark project in Gurgaon, offering residents a blend of luxury, design, and connectivity.
Frequently Asked Questions
What is the total investment made by Shreeram Group in Dalcore's project?
Shreeram Group has invested ₹500 crore in Dalcore's luxury residential project in Gurgaon.
What is the name of the luxury residential project being developed by Dalcore and YOO?
The project is named 'The Falcon' and is located in Sector 53, Golf Course Road, Gurgaon.
How many luxury residences will The Falcon project house?
The Falcon will house around 96 luxury residences, offering 3 BHK and 4 BHK apartments.
What is the expected price range for the residences in The Falcon?
The residences at The Falcon will be priced at ₹10 crore and above.
What is the significance of YOO's partnership with Dalcore for The Falcon project?
YOO's partnership with Dalcore brings world-class design and lifestyle expertise to The Falcon, making it a unique and premium residential project in Gurgaon.
Related News Articles
Managing Risks in Non-Performing Commercial Real Estate Assets: A Strategic Approach
Learn how to identify and mitigate risks associated with non-performing commercial real estate assets, ensuring sustainable income generation and value appreciation.
Reviving India's Architectural Heritage: A New Era in Real Estate
The blending of tradition and modernity in Indian real estate is not just about building homes but about crafting legacies that will stand the test of time.
Hrithik Roshan Leases Premium Office Space in Mumbai for Rs 5.62 Lakh Monthly
Hrithik Roshan has leased out his premium commercial property in Goregaon, Mumbai, for Rs 5,62,000 per month. Meanwhile, he is busy filming War 2, adding to his busy schedule.
Monthly House Rents Surge by 9-21% in 2024: Noida's Sector 150 Witnesses the Highest Hike
In 2024, rental prices in major Indian cities have seen a significant increase, with Noida's Sector 150 leading the surge. The rise in Mumbai's rental prices, particularly in the Chembur suburb, has also been notable, marking a shift in the real estate ma
Bombay High Court's Landmark Ruling on Natural Guardians and Joint Family Property
The Bombay High Court recently made a significant ruling that clarifies the rights and responsibilities of natural guardians in managing joint family property, particularly in situations involving inheritance and ownership disputes.
Priyanka Chopra Sells Her Luxurious Mumbai Apartments for Over Rs 13 Crore
Bollywood star Priyanka Chopra has offloaded her luxurious apartments in Mumbai's prestigious Lokhandwala Complex for a staggering Rs 13 crore. The sale has raised eyebrows in the real estate market, highlighting the value of celebrity-owned properties in