Conscient Hines Elevate Reserve

Conscient Hines Elevate Reserve is an under-construction mixed-use development in Sector 62, Village Ullhawas, on the Golf Course Extension Road belt, Gurgaon. It pairs ultra-luxury residences in two high-rise towers with an integrated SOHO retail component at its base, and it is delivered as a partnership between Conscient (Conscient Infrastructure) and Hines, the global real estate investment and development firm. For a buyer, the appeal is a low-density, internationally designed luxury home with shopping and services built into the same address, institutional development backing and a marquee contractor, on a prime, well-connected corridor. The honest counterpoints, addressed below, are a moderate carpet efficiency, the trade-offs that come with living above a retail component, and a couple of registered specification gaps. Pricing has moved from a launch rate of around Rs 19,000 per sq ft to roughly Rs 21,000 per sq ft, with an entry home around Rs 7.13 crore, though past appreciation is not a guarantee of future returns.

Registered with HARERA under RERA-GRG-1448-2023 (received 21 October 2023), the residential component sits on 4.84375 acres with 2 buildings rising to 41 floors and 240 units, at a low density of about 49.59 units per acre and a FAR of 3.228 (proposed equal to permissible). Homes are 3 and 4 BHK, from 2,745 to 3,395 sq ft. On the 3,395 sq ft 4 BHK, the carpet area is 1,840 sq ft, a carpet efficiency of about 54%, with two car parks for the 3 BHK and three for the larger 4 BHK. The low density, just 240 homes across nearly five acres in two towers, is a genuine strength and underpins the project's exclusivity pitch.

A Mixed-Use Development: Residences Above, SOHO Retail Below

The defining feature of Elevate Reserve is that it is a mixed-use development, not a standalone apartment block. The residences sit above an integrated retail component, Conscient SOHO at Elevate Reserve, a high-street retail landmark planned into the lower levels of the development. The SOHO offers flexible retail units from about 500 to 5,000 sq ft with generous floor heights, on a 60-metre arterial road with a wide frontage, with separate entry points for residents and for retail so that the two uses are kept distinct, and dedicated valet and drop-off zones. For a resident, the appeal is convenience: everyday shopping, dining and services within the same gated complex, and for an investor, a self-contained community with built-in footfall. The honest counterpoint, which a buyer should weigh, is that living above an active retail component brings some additional footfall, traffic and activity at the base of the development compared with a purely residential project, and that the maintenance and the resident-versus-retail access arrangements should be confirmed.

The Partnership, Architect and Contractor

On development, the project is a partnership between Conscient Infrastructure, an established Delhi-NCR developer incorporated in 1990, and Hines, the large global real estate investment and development firm, which brings institutional discipline and capital to the project. On design, the architecture is by Ricardo Bofill (RBTA), the renowned Spanish architecture practice, and the development draws on an elegant Spanish-style architectural language with breezy corridors, shaded seating and landscaped areas. On construction, the project is being built by Shapoorji Pallonji, one of India's largest and most established contractors, a strong execution signal for an under-construction purchase. The development is also pre-certified Platinum by the Indian Green Building Council (IGBC), a genuine sustainability credential.

Why Sector 62, Golf Course Extension Road

Sector 62 sits at the top of the Golf Course Extension Road belt in Gurugram, with Golf Course Road about 2.5 km away, Golf Course Extension Road under a kilometre, Sohna Road around 6 km, and the Rapid Metro, premium schools (such as Heritage and DPS International), hospitals (such as Artemis and Paras) and retail (Worldmark) all close by. The location case is connectivity and an established, high-value premium cluster. The honest counterpoint is that this is a premium-priced corridor where some surrounding infrastructure continues to be built out. Any rental or appreciation expectation should be treated as a projection, not a promise.

Conscient Hines Elevate Reserve: Specifications at a Glance

• Developer: Conscient (Conscient Infrastructure Private Limited, incorporated 1990) in partnership with Hines (global real estate investment and development firm)
• Architect: Ricardo Bofill (RBTA), Spain
• Construction Contractor: Shapoorji Pallonji
• Location: Sector 62, Village Ullhawas, Golf Course Extension Road belt, Gurgaon
• HARERA Registration: RERA-GRG-1448-2023 (received 21-10-2023)
• Type: mixed-use, ultra-luxury residences above an integrated SOHO retail component (Conscient SOHO at Elevate Reserve)
• Land Area: 4.84375 acres
• Towers / Residences: 2 buildings, 240 units, 41 floors
• Density: ~49.59 units per acre (low); FAR 3.228
• Configurations: 3 BHK and 4 BHK
• Super Area Range: 2,745 to 3,395 sq ft
• Carpet Area / Efficiency: 1,840 sq ft on the 3,395 sq ft 4 BHK, ~54% carpet efficiency
• Car Parks: 2 for the 3 BHK, 3 for the 4 BHK
• Retail: Conscient SOHO, flexible retail units ~500 to 5,000 sq ft at the base, with separate resident and retail access (per developer material)
• Green rating: IGBC Platinum pre-certified
• Price: launched ~Rs 19,000 per sq ft, current ~Rs 21,000 per sq ft; entry ~Rs 7.13 crore on base price
• Possession (RERA): October 2030