Conscient Infrastructure plans to invest 1,200 INR-Crore in developing Elaira Residences, a new project in Sector 80, Gurugram. This residential venture will spread across an anticipated 5.5 Acres and include 536 luxury apartments.
The company will launch the first phase, offering 268 luxury apartments. Moreover, it aims to generate a topline exceeding 1,000 INR-Crore from this initial release. Each unit will start at a price of around 14,500 per SqFt, reflecting the project’s premium positioning. Furthermore, renowned Hong Kong-based firm Benoy will design Elaira Residences, ensuring an elegant architectural flair. In addition, HDFC Capital will provide financial backing, adding a strong foundation to the development.
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Currently, Conscient Infrastructure holds a diversified portfolio of nearly 20 Million-SqFt across residential and commercial spaces. As a result, the company continues to expand its footprint with luxury apartments that redefine urban living.
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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
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