Elan Imperial

Elan Imperial — also searched as Elan Impirel — is a large, under-construction mixed-use commercial project by Elan in Sector 82, New Gurugram. Spread over about 7.64 acres with 1305 units, it is one of the more ambitious commercial destinations on the New Gurugram side, and its distinguishing feature is the mix: high-street retail, food and beverage, a multiplex and a five-star hotel all within one integrated development.

The five-star hotel is the strategic anchor. A branded hotel brings a steady stream of guests, events and dining footfall that a standalone retail block cannot generate on its own, which is designed to support the retail and F&B units around it. For a commercial buyer, an anchor that manufactures its own footfall is a meaningful part of the investment case.

Units span about 800 to 2800 sq ft, priced from around ₹1.3 crore, at roughly ₹25,000 per sq ft and varying by format, floor and position. Sector 82 sits in the New Gurugram belt with direct connectivity to NH-48 and the Dwarka Expressway — a fast-developing corridor where a large mixed-use destination can capture a growing catchment as the surrounding sectors fill in.

The project is registered with the Haryana RERA (RC/REP/HARERA/GGM/788/520/2024/15), with possession expected in 2027. The developer markets a 40:30:30 payment plan.

An honest advisory note: Imperial is marketed with a fixed '12% assured return until possession'. Such assured-return schemes are contractual developer commitments, not guaranteed income, and carry real risk if the developer's cash flow tightens — the headline 'net present value' numbers attached to them should be treated with healthy scepticism. Judge the unit on its underlying location, the strength of the hotel and retail anchor, and its likely eventual rent, not on the assured-return figure.

The honest trade-offs: this is under construction with possession in 2027 and full delivery risk; it is a large project whose success depends on the whole destination — hotel included — being executed and leased as planned; and New Gurugram's surrounding catchment is still maturing. For a buyer who believes in the integrated hotel-and-retail concept, does the homework and can hold to 2027, though, Elan Imperial is a genuine, RERA-backed opportunity.

As a RERA-registered channel partner, Chahat Homes shares live unit availability, per-unit pricing, the fine print of any return scheme and honest guidance on Elan Imperial, so you buy on the numbers rather than the pitch.