Elan Group Has Announced The Commencement Of Construction For Elan The Statement In Sector 49, Gurugram With Tata Projects

Gurugram, Haryana, India - Business Wire India

In a significant step towards delivering its next landmark development, Elan Group has announced the commencement of construction of its ultra-luxury residential project, Elan The Statement, in Sector 49, Gurugram. The milestone follows the award of a Rs 840 crore contract to Tata Projects for the project's construction, a company widely recognised for its legacy of trust and proven track record in delivering complex, large-scale projects. With a planned investment of approximately Rs 1600 crore, Elan The Statement is being developed across approximately 6 acres and further strengthens Elan Group's growing presence in the ultra-luxury residential segment.

The development comprises 5 elegantly designed towers offering ultra-spacious residences with super area ranging from nearly 4285 sq. ft. to 7270 sq. ft. With a two-residences-per-core configuration, private lift lobbies and carefully curated interiors, each residence is designed to maximise privacy and exclusivity. Designed by Benoy from London, UK, the project's striking metal and glass facade sets a new architectural benchmark in one of Gurugram's most sought-after residential locations. The project's landscape is being crafted by globally acclaimed SWA Group from California, USA, ensuring a seamless integration of nature within the development.

Mr. Rakesh Kapoor, Chairman, Elan Group, said, "Elan The Statement represents our vision of crafting future-ready developments defined by design excellence and engineering strength. The commencement of construction underscores our unwavering commitment to disciplined execution and timely delivery. With Tata Projects on board, we are confident of achieving global benchmarks across every aspect of the development. Elan The Statement will redefine new-age luxury through its architectural distinction and thoughtfully curated living experiences, rarely seen in the market. It marks a defining step in shaping the future of ultra-luxury living in India."

Mr. Barun Pal Chowdhury, EVP and SBU Head - Buildings and Airports, Tata Projects Ltd, said, "Elan The Statement represents the next-generation of luxury developments in Gurugram, where design ambition meets execution excellence. At Tata Projects, we have consistently set benchmarks in delivering complex, large-scale infrastructure with predictability, precision and safety at the core. This project further strengthens our position as a trusted partner for marquee developments across India. Leveraging advanced engineering, robust project management frameworks and our unwavering focus on timely delivery, we are committed to creating an asset that stands out not just for its scale, but for the quality and reliability it represents."

Elan The Statement is not just another addition to Gurugram's ultra-luxury housing landscape but a reflection of Elan Group's vision of creating world-class developments defined by design-led innovation, engineering precision and uncompromising quality. With an expanding portfolio of marquee projects across residential, commercial and hospitality segments, the Group continues to strengthen its position as a trusted name in India's luxury real estate sector. The commencement of construction further reinforces Elan Group's commitment to delivering enduring value while playing a significant role in shaping the next phase of Gurugram's urban growth.

About Elan Group

Elan Group was established with the aim to revolutionise the principles of "Trust, Quality & Sustainability" in the Real Estate Industry. Over the past decade, these foundational values have driven the company's remarkable growth, positioning Elan Group as a leader in the luxury real estate sector. The Group's unwavering commitment to delivering exceptional experiences and pioneering innovation has set new benchmarks in the industry. With a vision to 'Build The Future,' Elan Group is dedicated to transforming the Indian realty landscape through its ultra-luxury projects across commercial, residential and hospitality sectors. Elan Group's portfolio consists of 15 projects comprised of residential, retail, commercial and hospitality. These projects spread across Gurugram and New Delhi, offering a built-up area of approximately 25 million sq. ft.

About Tata Projects

Tata Projects is one of the most trusted Technology led Engineering, Procurement and Construction (EPC) companies in India. We have expertise in providing sustainable solutions in the execution of large and complex urban and industrial infrastructure projects while also demonstrating strong presence in refineries and petrochemical plants. We leverage our domain knowledge across various business segments to address the shift to clean energy to meet the nation's Net Zero ambitions.

We provide ready-to-deploy solutions for semiconductor facilities, giga factories, data centres, refineries, green fuels, roads, bridges, integrated rail & metro systems, commercial building & airports, power generation, transmission & distribution systems, chemical process plants, water & waste management and mining & metal purification systems.

Tata Projects offers one stop service covering entire life cycle of the project, from project conceptualization to operations & maintenance. It uses innovative technology solutions to offer bouquet of services which includes engineering, procurement, construction, commissioning, inspection & expediting, operations, repairs & maintenance and shutdown services.

Over the years, Tata Projects has received several awards and recognitions for its project delivery and commitment to safety & quality.

We are a part of the TATA Group which operates in more than 150 countries across six continents, with a mission 'To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust'. In 2024-25, the revenue of Tata companies, taken together, was $180 Billion. These companies collectively employ over 10,00,000 people.

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