7 months ago
Elan Group Awards ₹840-Crore Contract to Tata Projects
Elan Group, a real estate company, has given a big job to Tata Projects.
They will build a fancy apartment building in Gurugram.
The project is called 'Elan The Statement' and will have 230 apartments.
Elan Group is spending ₹1,600 crore to build this project on a 6-acre piece of land.
Tata Projects is known for their good work and will help build the apartments.
Elan Group has built many other buildings before, including homes, offices, and hotels.
They are happy to work with Tata Projects because they are experts in building things.
Elan Group awarded a ₹840-crore construction contract to Tata Projects for a luxury housing project in Gurugram.
The project, 'Elan The Statement', will be built in Sector 49, Gurugram, and will comprise 230 apartments.
Elan Group is investing ₹1,600 crore to develop the 6-acre project.
Tata Projects was chosen for their expertise and proven track record in construction.
Elan Group's portfolio includes 15 residential, commercial, and hospitality projects covering 25 million square feet.
- Who
- Elan Group and Tata Projects
- What
- Construction contract for a luxury housing project
- Where
- Sector 49, Gurugram
- When
- January 24, 2026
- Why
- To develop a luxury housing project
Key facts
- Contract Value
- ₹840 crore
- Project Name
- Elan The Statement
- Location
- Sector 49, Gurugram
- Total Investment
- ₹1,600 crore
- Project Area
- 6 acres
- Number of Apartments
- 230
- Elan Group's Portfolio
- 15 projects, 25 million sq ft
Quotes
Rakesh Kapoor
Chairman of Elan Group
“Projects of this scale demand expertise, with proven engineering depth and delivery excellence. Tata Projects brings a legacy of precision, reliability and technical expertise that aligns with our commitment to building residences that stand the test of time.”
thehindubusinessline.com
