Conscient's ₹1200 Crore Vision for Elevated Living in Gurugram

Real estate developer Conscient Infrastructure is set to invest ₹1,200 crore in its upcoming luxury residential development, Elaira Residences, located in Sector-80, Gurugram, Haryana.

Spanning 5.5 acres, the premium project will be developed in multiple phases. The first phase features 268 high-end apartments, with projected sales expected to generate a topline of over ₹1,000 crore. Upon completion, Elaira Residences will comprise a total of 536 luxury units. The project is financially backed by HDFC Capital, which had also supported Conscient's earlier premium development, Parq.

Known for its design-led approach and focus on luxury, Conscient Infrastructure boasts a diversified portfolio of approximately 20 million sq. ft. across residential and commercial segments. This includes premium condominiums, luxury villas, institutional developments, retail, and commercial spaces. The company collaborates with top-tier architects, designers, and consultants to craft high-quality developments tailored to discerning customers.

“There is a huge demand for housing, and we continue to be bullish on the market. We have plans for launching multiple luxury projects in Delhi-NCR,” said Rajesh Jain, Director at Conscient Infrastructure.

News by Rahul Yelligetti.