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Landmark Group to Invest ₹400 Cr in New Gurugram Housing Project

Soniya Gupta

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Landmark

Landmark Group plans to invest ₹400 crore in a residential project in Gurugram, consisting of 240 premium apartments across 4 acres. Landmark Group is set to invest ₹400 crore in the second phase of its luxury housing project, Landmark SKYVUE, located in Sector 103 along the Dwarka Expressway, Gurugram. This phase will feature 240 exclusive apartments spread across 4 acres, (Real Estate) offering a low-density living experience with only 60 units per acre, compared to the typical 90–100 units in similar developments Landmark Group, a prominent real estate developer based in Gurugram, has announced a significant investment of ₹400 crore in its new luxury housing

Project, Landmark SKYVUE, situated in Sector 103 along the Dwarka Expressway. This development marks a strategic expansion for the company in the rapidly growing Delhi-NCR real estate market. The project will feature 240 premium apartments, comprising three-bedroom and 4.5-bedroom units, spread across two high-rise towers. These towers are designed with modern amenities, including private elevators, sky lounges, and an observation deck, catering to the luxury segment of the market. The apartments are priced between ₹5 crore and ₹7 crore per unit, with a launch price of ₹17,500 per square foot, reflecting the project’s upscale positioning.

Landmark Group has owned the 4-acre land parcel since 2009 and has already cleared all necessary government approval charges. The construction will be financed through a combination of internal accruals, bank loans, and customer advances against sales. This approach underscores the company’s confidence in the project’s success and its commitment to delivering high-quality residential spaces. The location of Landmark SKYVUE is strategically advantageous, situated near the Dwarka Expressway, a key infrastructure project that enhances connectivity between Delhi and Gurugram. The expressway’s completion has significantly improved accessibility to various parts.

The National Capital Region, making it an attractive destination for homebuyers and investors alike The demand for luxury housing in Gurugram remains robust, driven by factors such as improved infrastructure, proximity to commercial hubs, and the presence of multinational companies (Landmark Group) in the region. Landmark Group’s foray into this segment with Landmark SKYVUE is poised to meet the growing aspirations of affluent homebuyers seeking premium living spaces in well-connected locales This development also reflects the broader trend of increased investments in the real estate sector in the Delhi-NCR region. Companies like DLF.

Elan Group have reported substantial sales and investments in luxury residential projects, indicating a strong market appetite for high-end properties Group’s ₹400 crore investment in the Landmark SKYVUE project signifies a strategic move to capitalize on the growing demand for luxury housing in Gurugram. With its prime location, upscale amenities, and the company’s established reputation, the project is set to become a landmark development in the region’s real estate landscape This development also reflects the broader trend of increased investments in the real estate sector in the Delhi-NCR region.

Companies like DLF and Elan Group have reported substantial sales and investments in luxury residential projects, indicating a strong market appetite for high-end properties. Group’s ₹400 crore investment in the Landmark SKYVUE project signifies a strategic move to capitalize on the growing demand for luxury housing in Gurugram. With its prime location, upscale amenities, and the company’s established reputation, the project is set to become a landmark development in the region’s real estate landscape.

Q1. What is the Landmark Group Gurugram project?

It’s a new residential development in Gurugram with modern homes and premium amenities, backed by a ₹400 Cr investment.

q2. Where is the project located?

The project is located in prime Gurugram, offering easy connectivity to key business and lifestyle hubs.

q3. What types of homes are available?

The project includes apartments and villas with contemporary designs to suit diverse family needs.

q4. When will the project be launched?

The official launch is planned soon; bookings and site visits will be announced by Landmark Group.

q5. What amenities are offered?

Amenities include landscaped gardens, clubhouse, gym, swimming pool, children’s play area, and 24/7 security.