Came across a video on Elan The Presidential in Sector 106, Dwarka Expressway. They mentioned over 350 resales in just three years and big capital appreciation. That's a wild number for a luxury project, sounds like a hot property. Now they've got 15 new units with a 40:60 payment plan. My question is, has anyone here invested in Elan Presidential? Kya aap logon ko sach mein itna accha ROI mila hai?
Elan The Presidential is a Under Construction residential project by Elan Group Builders located in Sector 106, Gurugram. It spans 30.0 acres and comprises 880 units across 10 towers, offering 3 BHK Apartment from ₹5.11 Cr, 3 BHK Penthouse from ₹7.99 Cr, 4 BHK Apartment from ₹6.83 Cr, 4 BHK Penthouse from ₹10.97 Cr, 5 BHK Apartment from ₹8.0 Cr. Expansive Central Green Views.
Elan The Presidential by Elan Group Builders in Gurugram starts from ₹3.5 Cr. It offers 3 BHK Apartment from ₹5.11 Cr, 3 BHK Penthouse from ₹7.99 Cr, 4 BHK Apartment from ₹6.83 Cr, 4 BHK Penthouse from ₹10.97 Cr, 5 BHK Apartment from ₹8.0 Cr with an average rate of ₹20.0K/sq.ft — making it a competitively priced entry into the Sector 106 micro-market.
You can verify Elan The Presidential on the state RERA portal using registration number GGM/626/358/2022/101. Additionally, review the approved building plan, encumbrance certificate, and title deed with a property lawyer before booking.
The expected possession date for Elan The Presidential by Elan Group Builders is as per the RERA-committed timeline. The project is currently Under Construction. Please contact the developer or check the RERA portal for the latest delivery schedule.
Elan The Presidential in Sector 106, Gurugram commands strong rental demand given its prime location and quality construction. With prices at ₹20.0K/sq.ft and appreciation of 6.52%, investors typically see rental yields of 3–5% per annum.
Comments
I think we need to look at the total units, which is 880. Even if 350 resales happened, that's still a big chunk. The 2027 possession date is also quite far. I'm worried about construction quality and delays. Does anyone know if Elan has delivered any commercial projects on time at least? That might give some indication.
My friend who works in real estate finance warned me about these 'resale' numbers. He said sometimes builders themselves buy back units or facilitate transfers to inflate demand perception. For a first-time buyer, it's super risky to jump into something like this without deep research. What if the demand isn't organic?
I spoke to a broker about this project. He said the appreciation is mainly because of the Dwarka Expressway connectivity and proximity to Aerocity. But honestly, the market right now in Gurgaon is a bit shaky, especially for these super high-end projects. Are people actually getting good returns or is it just hype created by brokers?
Exactly! I'm looking at properties near Airport Road (Gurgaon side) as well, and even there, the appreciation isn't this insane. What's the real ground reality? Has anyone here actually resold an Elan Presidential unit and made a profit? Or is it all just paper gains?
You hit the nail on the head, U7. It's mostly broker hype. I checked some property portals; the actual appreciation for luxury properties in that specific stretch of Dwarka Expressway isn't as phenomenal as they claim. Sure, the area is growing, but 350 resales and huge profits? Doubtful for an under-construction project.
Mujhe toh price point hi bahut high lag raha hai for Dwarka Expressway, even if it's luxury. 3.5 Cr minimum? For a first-time buyer like me, that's a huge commitment. Plus, Elan Group ka track record, they have 0 completed projects listed. Isn't that a red flag?
Haan, sahi baat hai. My uncle invested in a project near Badshahpur a few years back, and it got delayed by almost 5 years. The builder kept giving excuses. So, zero completed projects for Elan makes me super cautious. The 40:60 payment plan sounds good, but only if they deliver on time.
Absolutely, U4! Zero completed projects is a massive red flag. Especially when they're quoting such high prices and promising crazy appreciation. I've heard stories of builders delaying possession for years. What if this one also gets stuck? My hard-earned money would be gone.
Yaar, I saw that video too! 350 resales for a luxury project in just 3 years? Sounds too good to be true, especially with prices starting at 3.5 Cr. Kya sach mein itna appreciation possible hai Dwarka Expressway pe? I'm a first-time buyer and this number is making me super nervous.
See, the builder is Elan Group. Their RERA is GGM/626/358/2022/101. The project is still ongoing, possession is 2027. So, how can there be resales if it's not even built yet? Maybe they mean pre-launch bookings that were resold? That's a huge difference.
Bhai, exactly my thoughts! I mean, Dwarka Expressway is developing fast, but 350 resales? That's almost half the project (total units 880) already changed hands. It feels like a very high velocity for luxury. Are these actual resales or just transfers between investors?