Elan Paradise

Summary Insight

Elan Paradise stands out as a highly strategic neighbourhood retail hub serving one of Gurugram’s richest residential pockets. With zero competing supply inside Nirvana Country, premium walk-in traffic, curated food & retail zones, and Elan’s high-street design success formula, the project is positioned to deliver 35–70% appreciation with excellent leasing potential and long-term sustainability.

1. Project Highlights

Project Name
Elan Paradise
Developer Name
Elan Group
Location
Sector 50, Nirvana Country, Gurugram
Project Category
Commercial – High-Street Retail + F&B
Project Segment
Premium Retail, Hyper Market, Food Street
Starting Price
₹ 1.15 Cr onwards (approx.) ₹ 27,000 – ₹ 35,000 per sq.ft (avg. market)
Launch Date
2022
Possession Date
2026 (expected)
RERA Registration No.
GGM/568/300/2022/59
description

Project Description

Elan Paradise is a luxury high-street retail development located inside Nirvana Country, Sector 50—one of Gurugram’s highest-income residential zones. Designed with a European-themed façade, experiential streets, food courts, double-height shops, and curated boutique retail zones, it is built to serve 50,000+ affluent residents across Nirvana Country, Tatvam Villas, South City II, and Malibu Towne.

Its strategic neighbourhood positioning, near-zero competing supply, and high walk-in potential make it one of the strongest retail investment opportunities in central Gurugram.

RERA Registered: GGM/568/300/2022/59

Why ‘Elan Paradise’

a. Propvantage — Location Landmarks (Top 7 with Distance)

Landmark Type
Name / Reference
Distance (km)
Approx. Time
Premium Residential Belt
Nirvana Country, South City II
0–1
Walkable
City Hub
Golf Course Road
6.0
12–15 min
Schools
Lotus Valley, Presidium, DPS
1–3
5–8 min
Hospitals
Artemis, Park Hospital
3–4
8–10 min
Airport
IGI Airport T3
22
30–35 min
Major Roads
Golf Course Extension Road
4 km
8–10 min

b. Propestimate — Price & Appreciation

Metric
Details
Current Price
(avg.) ₹ 31,000 per sq.ft
Price Band
₹ 27,000 – ₹ 35,000 per sq.ft
Expected Appreciation (1 Yr / 3 Yr / 5 Yr)
12% / 35% / 70%

🧮 Projection Example (₹ 31,000 baseline)

  • 1 Year @12%₹ 34,720
  • 3 Year @35%₹ 41,850
  • 5 Year @70%₹ 52,700

Drivers:

  • Zero competing retail inside Nirvana Country
  • High-density premium catchment
  • Strong F&B demand and consumer footfall
  • Elan brand premium in commercial retail

c. Propscore — Property Score & Heat Index

Factor
Weight
Score
Weighted
Price Momentum
20%
90
18.0
Connectivity
20%
88
17.6
Retail Potential
25%
97
24.3
Developer Reliability
15%
86
12.9
Investor Interest
20%
94
18.8

🔥 Heat Index 91.6 / 100 SUPER HOT – Premium Neighbourhood Retail

d. Propspect — Future Growth & Potential

Category
Observation
Impact
Catchment Growth
Wealthy residential belt with rising footfall
++
Commercial Demand
High demand for boutique retail & premium F&B
++
Transport Infra
Connectivity via SPR, GCE Road
+
Policy & Planning
Gurugram Masterplan encourages organised retail
+
Supply Pipeline
Extremely limited competing retail supply
+
Elan Strategy
Strong brand recall in retail & mixed-use projects
++
Lifestyle Upgrades
New cafés, high-street experiences, F&B hubs
++
💫 Show Interest