Elan The Presidential

Elan The Presidential is an under-construction ultra-luxury residential project by Elan (Elan Avenue Limited, formerly Airmid Developers, of the Elan Group) in Sector 106, Village Pawala Khusrupur, on the Dwarka Expressway, Gurgaon. It is the larger and earlier of Elan's two residential phases on its mixed-use Sector 106 parcel, a development of 3, 4 and 5 BHK homes across eight towers, designed by an international consultant team and built by a global contractor. For a buyer, the appeal is a top-end home with a very wide choice of sizes, an internationally credentialed design pedigree, a podium-level clubhouse and an integrated address with retail on site, on a prime expressway corridor. The honest counterpoints, addressed below, are a low carpet efficiency, an unstated parking count on the filing, and several approvals still pending. Pricing has moved sharply from a launch rate of around Rs 13,900 per sq ft to roughly Rs 19,000 per sq ft, with an entry home around Rs 6.45 crore, though past appreciation is not a guarantee of future returns.

Registered with HARERA under RERA-GRG-1194-2022 (received 2 November 2022), Elan The Presidential takes a 12.767-acre slice of a 24.10-acre total licensed parcel, with 8 buildings rising to 32 floors and 866 units, at a density of about 67.87 units per acre and a low proposed FAR of 1.728 (against a permissible 1.75). Homes span a very wide range, 3, 4 and 5 BHK from 2,450 to 7,362 sq ft, so the project covers everything from a relatively compact luxury apartment to very large formats and penthouses. On a 3,395 sq ft 4 BHK, the carpet area is 1,702 sq ft, a carpet efficiency of about 50%, which is low and worth weighing carefully against the super area. An entry home works out to around Rs 6.45 crore on base price, and a notable point in its favour is the very large open-space allocation: of the 12.767 acres, about 8.58 acres is set aside for parks and playgrounds.

Reading the Density: The Presidential and Emperor Together

Elan The Presidential does not stand alone. It and Elan The Emperor are two residential components of the same 24.10-acre Elan development in Sector 106, sharing the parcel, the address and the surrounding infrastructure. The Presidential's own density of about 68 units per acre is already close to the real community figure (it sits on the larger, lower-FAR slice), but the honest way to judge how dense the finished community will feel is to read the two phases together.

Across both phases, The Presidential (866 homes on 12.767 acres) and Emperor (580 homes on 4.827 acres) hold about 1,446 homes across roughly 17.6 acres of residential land, which works out to a community density of about 82 units per acre, and lower still, around 60 units per acre, if measured across the full 24.10-acre mixed-use parcel that also carries the development's retail and future towers. Worth noting for contrast: Emperor's standalone listing shows about 120 units per acre, but that is an artifact of its small 4.827-acre slice, not the lived density. The Presidential is the lower-rise, lower-FAR, more spread-out of the two phases, which is reflected in its 32-storey height and its large park allocation.

Part of Elan's Larger Sector 106 Development

The Presidential is one piece of a larger, mixed-use Elan development on the 24.10-acre Sector 106 parcel. Alongside the residential phases (The Presidential and the newer Emperor), the development integrates Elan's retail and commercial component, Elan The Mark, the group's signature high-street and mixed-use offering, bringing shopping, dining and commercial space into the same address, in keeping with Elan's identity as a developer that built its name on landmark retail. Per the development's plans, further residential towers, reported to be of larger formats, are expected to come up within this parcel over time. For a buyer, the integrated, walk-to-retail character and the prospect of a maturing, self-contained destination are part of the appeal; the counterpoint is that a buyer should confirm what is committed and built versus planned, and that living within an active mixed-use and under-construction development carries the usual trade-offs of dust, traffic and phasing during the build-out. The configuration, size and timing of the future towers should be confirmed with the developer and on their own RERA registrations as and when they are filed.

The Consultants and Contractor

A genuine strength of the Sector 106 development is its international design and execution team. Per Elan's own material, the development is created by a globally recognised consultant team, described by discipline and location rather than always by name: a principal architect based in London, UK; a landscape architect in Texas, US; an interior design consultant in California, US; a water features consultant in California, US; a lighting consultant in Dubai, UAE; a structural consultant in New York, US; and a club contractor (Texas, US) and club MEP consultant (London, UK) for the clubhouse. Elan describes The Presidential specifically as designed by top international architects. Because these consultants are identified by discipline and location rather than by firm name in the available developer material, a buyer who wants the specific names should ask the developer to confirm them in writing.

On construction, Elan's Sector 106 luxury housing has been awarded to Leighton Asia, the international construction firm (part of the CIMIC group), under a contract reported at around Rs 1,100 crore. For an under-construction ultra-luxury purchase, an internationally credentialed contractor of this standing is a strong, verifiable execution signal.

Why Sector 106, Dwarka Expressway

Sector 106 sits directly on the Dwarka Expressway (NH-248BB) in Gurugram, the access-controlled corridor linking Gurugram with Dwarka and the Delhi side, with onward connectivity to IGI Airport and NH-48, and it is one of the NCR's most active luxury-residential belts. The location case is connectivity and a fast-maturing, high-demand corridor, with the added pull of an integrated mixed-use Elan development with retail on site. The honest counterpoint is that parts of the corridor's civic and social infrastructure are still being built out. Any rental or appreciation expectation should be treated as a projection, not a promise.

Elan The Presidential: Specifications at a Glance

• Developer: Elan (Elan Avenue Limited, formerly Airmid Developers Limited; Elan Group, promoters Ravish and Akash Kapoor)
• Consultants: international team, per developer material, principal architect (London), landscape architect (Texas), interior design (California), water features (California), lighting (Dubai), structural (New York), club contractor (Texas) and club MEP (London); described by discipline/location, confirm names with the developer
• Construction Contractor: Leighton Asia (CIMIC group), contract reported at ~Rs 1,100 crore for Elan's Sector 106 luxury housing
• Location: Sector 106, Village Pawala Khusrupur, Dwarka Expressway, Gurgaon
• HARERA Registration: RERA-GRG-1194-2022 (received 02-11-2022)
• Land Area: 12.767 acres (within a 24.10-acre total licensed parcel shared with Emperor, Elan The Mark retail and future towers); ~8.58 acres for parks and playgrounds
• Towers / Residences: 8 buildings, 866 units, 32 floors
• Density: ~67.87 units per acre; combined with Emperor, about 82 per acre on the residential land (or ~60 per acre across the full 24.10-acre mixed-use parcel)
• FAR: 1.728 (low)
• Configurations: 3, 4 and 5 BHK (and penthouses)
• Super Area Range: 2,450 to 7,362 sq ft (very wide)
• Carpet Area / Efficiency: 1,702 sq ft on a 3,395 sq ft 4 BHK, ~50% carpet efficiency (low; compare on carpet)
• Car Parks: not stated on the RERA filing (confirm with the developer)
• Price: launched ~Rs 13,900 per sq ft, current ~Rs 19,000 per sq ft; entry ~Rs 6.45 crore on base price
• Possession (RERA): October 2027