Elan The Statement, Sector 49 Gurugram: Price, RERA & Investment Guide (2026)

Elan The Statement, Sector 49 Gurugram: Project Overview

Elan The Statement is Elan Group’s ultra-luxury residential launch on Sohna Road, Sector 49, Gurugram — and by most broker and trade-press accounts, it is the first genuinely premium residential launch this specific stretch of Sohna Road has seen in close to a decade. That “first in a decade” framing matters, because Sector 49 has spent the last several years known for mid-market and commercial development rather than the golf-course-facing, branded-architect towers that DLF Phase 5 and Golf Course Extension Road have made routine elsewhere in the city. Elan is betting that Sohna Road’s infrastructure catch-up — the elevated corridor, NH-48 access, and proximity to the newer business districts — can support a genuine super-luxury price point.

The project is developed under Elan Enclave Pvt Ltd, part of the wider Elan Group stable that has built its reputation primarily on retail and mixed-use commercial developments (Elan Miracle, Elan Epic, Elan Town Centre, Elan Paradise) rather than large-format ultra-luxury residential towers. The Statement is positioned as a departure from that commercial-heavy portfolio: five towers rising through roughly 38–45 floors (reported figures vary by source), set on a plot most listings describe as 6 to 6.5 acres, holding a deliberately capped unit count — reported anywhere between roughly 350 and 458 homes depending on the source, with the initial phase confirmed at 230 four-bedroom residences across five towers.

The configuration mix is narrow by design: 4 BHK apartments of roughly 4,285–4,300 sq ft, and 5 BHK penthouses reported between about 5,500 sq ft and 7,270 sq ft across different listings. Elan and its channel partners describe a “two homes per floor” and “private lift lobby” layout intended to read as bungalow-style privacy inside a high-rise. Construction is underway, with possession broadly guided toward late 2028 to October 2029 across various sources — treat this as indicative until Elan’s own RERA-filed timeline is checked directly, since possession dates on newly registered projects are routinely revised.

The project carries Haryana RERA registration number GGM/1022/754/2025/125, registered to Elan Enclave Pvt Ltd. Buyers should independently verify this registration and its current status, sanctioned timeline, and any extensions on the Haryana RERA portal (haryanarera.gov.in) before making any financial commitment — registration numbers and project details circulating on broker and aggregator sites are not always kept current.

Quick Facts Table

All figures above are collated from public broker listings, aggregator sites and press coverage as of September 2026; they vary meaningfully across sources and should be treated as indicative, not final. Contact Gurgaon Floors for the current price list, floor-wise availability and the latest RERA-verified timeline.

About the Builder: Elan Group

Elan Group was established in 2013 and has built its Gurugram footprint chiefly around retail and mixed-use commercial real estate rather than large residential towers — a fact worth being upfront about, since it changes how a buyer should weigh “builder reputation” for this specific launch. Elan Miracle in Sector 84 is widely cited as the company’s benchmark early commercial success, and projects like Elan Town Centre and Elan Epic (which mixes offices, homes and retail) extended that commercial-led model. On the residential side, Elan The Presidential in Sector 106 on Dwarka Expressway (3, 4 and 5 BHK) is the group’s most direct precedent for large-format luxury housing, alongside the newly announced JW Marriott Residences within Elan’s 50-acre Sector 106 township — a Marriott-branded residential tie-up that, if delivered as announced, would meaningfully upgrade the group’s positioning in branded luxury housing.

Financially, Elan Group has been reasonably active on the capital markets side through 2025–2026: it repaid roughly ₹875 crore of debt to Asia Pragati Strategic Investment Fund ahead of schedule, and has drawn fresh project financing — approximately ₹250 crore from Piramal Finance and around ₹1,200 crore from Kotak Real Estate Fund for newer developments. Management has publicly framed this as deleveraging that strengthens liquidity and positions the group to scale. Taken at face value, this points to a developer with active institutional financing lines rather than one relying purely on customer collections — generally a healthier sign for construction continuity, though it is not a guarantee against delays.

On delivery track record, the honest picture is mixed rather than uniformly positive. Elan has completed more than 20 projects since inception, largely commercial. But on at least one commercial asset — The Palm Springs Plaza — Haryana RERA’s adjudicating officer found that Elan Buildcon had failed to honour contractual obligations around possession and conveyance, and directed the company to pay allottees fixed returns at 10.85% per annum and complete the conveyance deed. That is a real, documented regulatory finding, not a rumour, and buyers evaluating The Statement should factor it in: it does not necessarily predict how the residential arm will perform on this project, but it is evidence that execution and handover discipline has not been flawless across the group. No ED, EOW, CBI, SFIO, NCLT or insolvency proceedings against Elan’s promoters were found in publicly available records as of this research.

Net assessment: Elan brings genuine capital-markets credibility and an internationally recognised architect (Benoy) to a category — large-format ultra-luxury residential towers — where it does not yet have a long, proven delivery record of its own. That is a materially different risk profile from, say, a DLF Camellias or an M3M Golf Estate, both from developers with over a decade of large-scale residential handovers behind them.

Location Analysis

Sector 49 sits on Sohna Road, bordered by Sectors 47, 48 and 50, with a widely used pin code of 122018. It has historically been positioned as a value or mid-premium micro-market rather than an ultra-luxury address — which is precisely what makes Elan’s bet interesting. The immediate neighbourhood mixes established mid-rise residential societies, standalone commercial strips, and the broader Sohna Road retail belt (Sapphire Mall, Paradise Mall, South City 2 market) that has grown up around it over the past 15 years.

The micro-market’s appeal for an ultra-luxury project rests less on established prestige (which Golf Course Road or DLF Phase 5 already have) and more on relative affordability-per-square-foot at entry, proximity to NH-48 and the Delhi–Jaipur corridor, and the area’s ongoing gentrification as Sohna Road inventory turns over. Buyers should understand this is a positioning bet: Elan is trying to create a new luxury address rather than simply adding another tower to an already-established one.

Connectivity

Sector 49 draws on a genuinely multi-directional road network: Sohna Road connects directly onto NH-48, and Golf Course Extension Road provides a second route into Gurugram’s newer business districts. The FNG Expressway and Delhi–Jaipur Highway are also cited as accessible from the location, and MG Road offers an older but functional link into central Gurugram.

These are indicative drive-time estimates based on general road geography and third-party locality guides, not measured door-to-door timings — actual travel time depends heavily on time of day and ongoing road work along Sohna Road. Unlike Dwarka Expressway or Golf Course Extension Road addresses, Sector 49 does not currently sit near an operational or firmly dated metro extension; that is a genuine connectivity gap worth weighing against the corridor’s road-network strengths.

Master Plan Overview

Across the various listings, Elan The Statement is described as five towers on a roughly 6 to 6.5-acre footprint, with open-space claims ranging from 70% to 80% depending on the source — a wide enough range that prospective buyers should ask Elan directly for the RERA-sanctioned layout plan rather than relying on marketing figures. The stated design intent is a low-density, high-rise format: only two apartments per floor, four high-speed elevators per tower, and a 100,000 sq ft clubhouse anchoring the amenity zone. Internal roads, visitor parking and landscaping details have not been independently verified beyond broker material and should be confirmed against the sanctioned building plan before booking.

Unit Configurations

The Statement runs a narrow, deliberately exclusive configuration set rather than the broad 2BHK-to-4BHK spread typical of larger mass-luxury developments:

Marketing material describes Italian marble flooring, smart-home technology, double-height lobbies, and private lift lobbies with only two homes sharing each floor — a layout efficiency claim that, if accurate, would put this closer to a boutique-tower experience than a typical dense high-rise. Ceiling heights, exact balcony and utility-area allocations, and servant-room specifications have not been independently confirmed against the RERA-filed floor plans and should be checked in the brochure before booking. Given the size and price point, this project is not built for entry-level or investor-flip buyers seeking small-ticket exposure — the configuration set itself filters for end-users and serious long-horizon investors.

Amenities

The amenity list assembled from Elan’s own materials and channel-partner listings is extensive, though the exact final specification should be confirmed against the RERA-approved layout:

• Approximately 100,000 sq ft clubhouse
• Infinity-edge outdoor swimming pool with sun deck, plus a separate temperature-controlled/indoor pool with jacuzzi
• Spa and wellness centre with sauna, steam rooms and holistic therapy spaces
• Fully equipped gymnasium and a dedicated yoga pavilion with greenscape views
• Mini theatre, billiards room, gaming zone and skating rink
• Squash court, tennis court, pickleball and badminton courts
• Shooting range (as listed by channel partners — confirm inclusion before booking)
• Jogging and cycling tracks, golf putting greens, zen garden and landscaped gardens
• Dedicated pet zone and kids’ play areas
• Double-height lobbies and grand entrance features per tower
• VRV air-conditioning and smart-home automation in-unit
• 5-tier security system with AI-enabled surveillance and 24×7 gated access

This is a genuinely comprehensive amenity stack on paper — comparable in scope to what buyers would expect from an established Golf Course Road address. The caveat, as with any pre-completion project, is that amenity lists at launch are aspirational until built; buyers should ask for the amenity-wise cost allocation and maintenance model rather than assuming everything listed will be delivered exactly as described.

Construction Quality

Elan has engaged Benoy, a London-headquartered international architecture firm with a substantial global retail and mixed-use portfolio, to design The Statement — a genuine differentiator versus many Gurugram luxury launches that rely on domestic design teams. The stated design language is an all-glass metal-and-glass façade intended to maximise natural light, alongside Italian marble flooring and smart-home fitouts in the units. Structural specifications (seismic design, slab-to-slab heights, façade glazing performance) have not been independently verified and should be requested directly from Elan’s sales team or checked against the RERA-filed technical specifications before booking. No specific sustainability certification (IGBC, GRIHA, LEED) was found associated with this project in public sources at the time of this research — buyers who prioritise green-building credentials should ask Elan directly whether such certification is being pursued.

Pricing Analysis

Pricing across sources is broadly consistent in range but not identical, which is typical for a recently launched, actively selling project:

These numbers should be treated as a starting reference only. Preferential Location Charges (PLC) for higher floors, park-facing or corner units, along with GST, stamp duty, registration, club membership and maintenance deposits, will add materially to the headline per-sq-ft rate — commonly another 8–15% on top of the base price in comparable Gurugram ultra-luxury launches, though Elan’s exact cost sheet was not independently available for this research. Ask Gurgaon Floors or Elan’s sales desk for the current, floor-wise cost sheet rather than relying on the headline “starting price” quoted across broker portals, which typically reflects the lowest available floor and configuration.

Price History & Appreciation

As a 2025-launched project still under construction, Elan The Statement does not yet have a multi-year resale price history of its own. What is verifiable is the corridor context: Sohna Road property prices are reported to have appreciated over roughly 16% in the past year across the broader corridor (a mix of mid-market and premium inventory), with transaction levels across Sohna Road as a whole spanning roughly ₹5,000 to ₹15,500 per sq ft — meaning Elan’s ₹20,500–24,000/sq ft ask is a significant premium over the corridor average, priced instead against the newer ultra-luxury cohort (Experion The Trillion, Central Park’s Sector 48 launches) rather than the broader Sohna Road market. Whether that premium holds or compresses will depend heavily on how quickly Elan executes construction milestones and whether the “first luxury launch on Sohna Road in a decade” positioning proves durable as more supply potentially follows.

Rental Market

Sohna Road’s average rental yield is reported around 3% across the broader corridor — in line with typical Gurugram luxury housing yields, which tend to run lower than mid-market segments because capital values rise faster than achievable rents at the top end. For a project like The Statement, meaningful rental data does not yet exist since the project is pre-completion; any yield figures quoted today are projections, not observed outcomes. Once delivered, likely tenant demand would skew toward senior corporate executives and NRI-linked leasing given the ticket size, similar to the tenant profile seen at comparable Golf Course Extension Road and Dwarka Expressway ultra-luxury addresses.

Investment Analysis

The investment case for Elan The Statement rests on three linked bets: that Sohna Road’s connectivity keeps improving relative to the rest of Gurugram, that Elan executes construction and delivery without major slippage, and that the “first premium launch in a decade” positioning translates into genuine scarcity value rather than simply being an expensive outlier in a still-developing corridor. Capital appreciation potential is real if all three hold — a genuinely differentiated, architect-led luxury product in an under-supplied micro-market has room to re-rate. But this is meaningfully higher-risk than buying into an established address like DLF Phase 5 or M3M Golf Estate, where the location premium is already proven and the developer’s residential delivery record is long and largely verifiable.

Exit liquidity before possession will depend on how sales velocity progresses; ultra-luxury resale in a still-under-construction, newly established micro-market tends to be thinner than in mature addresses. Investors with a shorter holding horizon (3–5 years) should weigh this liquidity risk carefully against the entry price advantage relative to Golf Course Road.

End User Perspective

For an end-user family, the appeal is straightforward: large-format 4 BHK and penthouse living with a strong amenity stack, at a price point that — while high in absolute terms — sits below equivalent-sized product on Golf Course Road. Schools (DAV Public School, GD Goenka Public School, ODM International School, Presidium, RPS International School) and hospitals (Park Hospital, Artemis Hospital, CK Birla Hospital, Medanta) are all within a reasonable drive, giving the location genuine day-to-day livability once the tower is complete. The trade-off is that Sector 49 does not yet carry the established social cachet or walkable retail/restaurant ecosystem of Golf Course Road or Golf Course Extension Road, and traffic on Sohna Road during peak hours remains a known friction point that buyers should experience firsthand before committing.

Investor Perspective

Is it worth investing in? For a long-horizon investor (7–10 years) comfortable with developer-execution risk on a relatively newer entrant to large-format residential, and who believes in Sohna Road’s connectivity trajectory, The Statement offers a genuine below-Golf-Course-Road entry point into ultra-luxury Gurugram. For a shorter-horizon investor prioritising exit liquidity and an established resale market, a completed or more mature address (DLF Aralias, DLF The Belaire, M3M Golf Estate) is the lower-risk choice, even at a higher entry price. Ideal holding period for The Statement specifically should be viewed as post-possession-plus-3-years at minimum, given the newness of both the project and the micro-market repositioning it depends on.

Comparison with Competing Projects

The comparison underlines an important nuance: Central Park’s per-sq-ft rate looks far higher than Elan’s, but it is pricing small-format serviced studios and 1 BHKs, not full-size family apartments — the two are not directly comparable on a like-for-like basis. Experion The Trillion is the closer apples-to-apples comparison on unit type and price band, and it comes from a developer with a longer standalone residential delivery record in Gurugram. Elan’s differentiators against both are unit size (larger 4 BHK-plus format) and the Benoy architectural pedigree; its main open question is execution track record in this specific product category.

Nearby Social Infrastructure

Exact distances have not been independently measured for this article and are approximated from general locality data; buyers should verify specific commute times from the actual tower location during a site visit, ideally during both peak and off-peak hours.

Advantages

• Genuinely differentiated positioning as the first large-scale luxury residential launch on this stretch of Sohna Road in roughly a decade
• Internationally recognised architect (Benoy, London) driving design and façade
• Large, family-sized configurations (4 BHK and penthouse only) with claimed two-units-per-floor privacy
• Comprehensive amenity stack comparable to established Golf Course Road addresses
• Multi-directional road connectivity via Sohna Road, NH-48, Golf Course Extension Road and the Delhi–Jaipur Highway
• Entry price meaningfully below equivalent-sized Golf Course Road inventory
• Developer showing active institutional financing activity (debt repayment, fresh project funding lines)

Limitations

• Elan’s residential track record at this scale and price point is thinner than established luxury peers (DLF, M3M, Sobha) — this is a newer category for the group
• A documented HARERA order against an Elan group entity (Palm Springs Plaza) for possession and conveyance delays is a real data point on execution discipline, even though it concerns a different, commercial asset
• Sector 49 lacks the established social prestige, walkable retail ecosystem, and proven resale liquidity of Golf Course Road or Golf Course Extension Road
• No confirmed, dated metro connectivity to the immediate location at present
• Reported project specifications (land area, unit count, penthouse size, open-space percentage) vary meaningfully across public sources, indicating inconsistent or evolving disclosure that buyers should independently verify
• Long possession horizon (2028–2029 guidance) carries the usual construction-risk and cost-escalation exposure of any under-construction project
• Narrow configuration set (4 BHK and penthouse only) limits the buyer pool and may affect resale depth compared with projects offering a wider size range

Who Should Buy?

Investors: Suited to those with a long horizon (7+ years), comfort with developer-execution risk in a newer product category for Elan, and conviction in Sohna Road’s connectivity upside. Less suited to investors wanting near-term flip liquidity.

Families: A strong fit for families wanting large-format 4 BHK-plus living with a full amenity ecosystem, provided they are comfortable being early adopters of a still-establishing luxury micro-market rather than moving into a proven address.

Luxury buyers: The Benoy-designed architecture and penthouse product will appeal to buyers who want design distinctiveness over the safety of an established brand address — this is a “statement” purchase in the literal sense the project name suggests.

NRIs: Worth evaluating for the size and specification, but NRI buyers in particular should insist on independent RERA verification and a lawyer-reviewed construction-linked payment plan given the distance-driven difficulty of monitoring construction progress directly.

Corporate executives: A reasonable fit for senior executives working along the Golf Course Extension Road or SPR corridors who want a shorter reverse commute than Golf Course Road addresses offer, combined with large-format living.

First-time luxury buyers: Should proceed cautiously — this is a higher-execution-risk, higher-ticket entry point than a first luxury purchase typically warrants; a completed or more established project may be the more prudent first step into this price band.

Frequently Asked Questions

Is Elan The Statement worth buying?

It depends on your risk appetite. The architecture, amenities and unit sizes are genuinely competitive with established Golf Course Road addresses, and the entry price is lower. But Elan is newer to large-format residential delivery than peers like DLF or M3M, so buyers are taking on more execution risk in exchange for that price advantage.

What is the latest price of Elan The Statement?

Indicative pricing starts around ₹9–9.99 Cr for a 4 BHK (~4,285–4,300 sq ft), with penthouses priced upward of ₹12 Cr. Contact Gurgaon Floors for the current, floor-wise cost sheet, as prices and PLCs are revised as construction progresses.

What is the price per sq ft?

Reported rates range from approximately ₹20,500 to ₹24,000 per sq ft depending on floor, view and configuration.

Is Elan The Statement RERA approved?

The project is registered under Haryana RERA number GGM/1022/754/2025/125, registered to Elan Enclave Pvt Ltd. Always verify current registration status directly on haryanarera.gov.in before booking.

Who is the developer, and what is their reputation?

Elan Group, established in 2013, is primarily known for commercial and mixed-use developments (Elan Miracle, Elan Epic, Elan Town Centre). It has a smaller residential track record, led by Elan The Presidential in Sector 106. A Haryana RERA order was issued against an Elan group entity over possession delays on a commercial asset (Palm Springs Plaza) — worth factoring into your risk assessment.

When is possession expected?

Guidance across sources points to late 2028 through October 2029, though this should be verified against the RERA-filed completion date, which is the legally binding timeline.

Is there a metro station nearby?

The nearest metro references are Millennium City Centre, Huda City Centre and the Sector 55-56 Rapid Metro stop — all a drive away rather than walking distance. There is no confirmed, dated metro line planned directly to Sector 49 at this time.

What is the rental potential?

Sohna Road’s broader average rental yield is around 3%. As the project is pre-completion, no observed rental data exists yet for The Statement specifically; likely tenants post-possession would be senior executives and NRI-linked lessees given the ticket size.

What is the investment outlook?

Positive if Elan executes on schedule and Sohna Road’s connectivity narrative continues; higher-risk than an established Golf Course Road address given the newer micro-market positioning and Elan’s shorter residential track record.

What are the maintenance charges?

Specific maintenance charges were not publicly disclosed at the time of this research. Ask Elan’s sales team for the current maintenance fee structure and club membership terms before booking.

What floor plans are available?

4 BHK + Study + Servant Room apartments (~4,285–4,300 sq ft) and 5 BHK penthouses (~5,500–7,270 sq ft, varying by source). No smaller configurations (2 BHK, 3 BHK) are currently offered.

What financing/home loan options are available?

As a RERA-registered project, The Statement should be eligible for standard home loan financing from major banks and NBFCs, subject to each lender’s independent project-approval process. Confirm with your bank of choice whether the project is currently on their approved list.

What does the resale market look like?

Too early to assess meaningfully — the project launched in 2025 and is still under construction, so no secondary-market transaction history exists yet.

How does it position on the luxury spectrum?

It is positioned as ultra-luxury on unit size, amenities and architect pedigree, priced below Golf Course Road equivalents but above the broader Sohna Road corridor average.

What is the best configuration to buy?

For end-users prioritising livability and lower entry cost, the 4 BHK is the more accessible option. For buyers wanting maximum space and willing to pay a premium, the penthouse is the standout, though it comes with the largest execution and liquidity risk given the smaller buyer pool for that ticket size.

Are there any confirmed price movements since launch?

No verified, sourced launch-to-current price trend specific to this project was available at the time of this research; treat any “X% appreciation since launch” claims found on broker sites with caution unless backed by a dated transaction record.

What is the land area and open space?

Reported as approximately 6 to 6.5 acres with open space claims ranging from 70% to 80% depending on the source — ask Elan for the RERA-sanctioned figure directly.

How many towers and units are there?

Five towers; total unit count is reported inconsistently across sources (roughly 350 to 458), with the confirmed first phase at 230 four-bedroom units.

Who designed the project?

Benoy, a London-headquartered international architecture firm, is the named designer.

Is the project four-side open?

Specific four-side-open status was not confirmed in public sources for this project; verify with Elan’s sales team.

What is the payment plan?

Specific payment plan structures (construction-linked vs. flexi) were not independently verified for this article; request the current payment plan document directly from Elan or Gurgaon Floors.

Does the project have EV charging and sustainability features?

No specific green-building certification was found associated with this project in public sources; EV charging inclusion was not independently confirmed. Ask directly before booking if these are priorities for you.

How does it compare to Experion The Trillion?

Both sit on Sohna Road in a similar price band (~₹20,500–24,000 vs ~₹21,500–22,000 per sq ft), but Experion offers smaller 3-4 BHK units (2,800–3,600 sq ft) from a developer with a longer standalone residential track record, while Elan offers larger 4 BHK-plus and penthouse formats with a stronger architectural pedigree but less residential delivery history.

Is Sohna Road a good long-term investment corridor?

The corridor has shown strong recent appreciation (reportedly over 16% in the past year) driven by improving road infrastructure, though it remains earlier in its maturity curve than Golf Course Road or Golf Course Extension Road, meaning both the upside and the execution risk are higher.

What should I verify before booking?

At minimum: current RERA registration status and sanctioned completion date on haryanarera.gov.in, the exact carpet/super area and floor plan for your specific unit, the full cost sheet including PLC and taxes, the payment plan and its linkage to construction milestones, and Elan’s construction progress via a physical site visit.

Can NRIs buy in this project?

Yes, subject to standard FEMA regulations governing NRI property purchases in India. NRI buyers should engage independent legal counsel to review title and RERA compliance before remitting any funds.

What distinguishes this project from other Elan developments?

It is Elan’s most significant standalone ultra-luxury residential push to date, distinct from the group’s commercial-heavy portfolio (Elan Miracle, Elan Epic) and its earlier residential entry, Elan The Presidential in Sector 106.

Final Verdict

Elan The Statement is a genuinely ambitious project — a large-format, architect-led ultra-luxury launch attempting to establish a new luxury address on a corridor that hasn’t seen one in years. The value-for-money case is credible: buyers get more space and a comparable amenity stack to Golf Course Road addresses at a meaningfully lower entry price. The end-user appeal is real for families wanting large-format privacy-oriented living, and the investment case is plausible for patient, long-horizon capital willing to bet on Sohna Road’s continued infrastructure catch-up.

What tempers the verdict is execution uncertainty. Elan’s residential delivery record at this scale is short relative to peers like DLF, M3M or Sobha, and a documented HARERA order against a group entity on a different asset is a fair reason for caution, not alarm. This is a project for buyers who have done their own diligence — verified RERA status, walked the site, reviewed the payment plan against construction milestones — rather than one to book purely on brochure appeal. Treat every price, size and timeline figure in this guide as a starting point for that diligence, not a final answer.

Explore Verified Inventory with Gurgaon Floors

If Elan The Statement fits what you’re looking for on Sohna Road — or if you’d rather compare it directly against Experion The Trillion, Central Park’s Sector 48 launches, or established Golf Course Road addresses before deciding — Gurgaon Floors can walk you through verified, RERA-checked inventory, arrange a site visit, and connect you with an advisor who can pull the current cost sheet and payment plan. Reach out via our contact page or write to us at gurgaonfloors63@gmail.com to get started.