Eldeco Group traces its origins to 1975, when S. K. Garg set up Eldeco Construction Pvt. Ltd. in Agra to take up professional real estate and construction work. The Eldeco group was founded in 1975 in Agra by S. K. Garg to professionally undertake real estate and construction projects. The group's Lucknow arm, Eldeco Housing and Industries Ltd., was incorporated in 1985 and has been listed on the Bombay Stock Exchange ever since. Incorporated in 1985, EHIL has been, for over 3 decades, the market leader in Lucknow- UP's capital and fastest-growing city. EHIL is listed on the Bombay Stock Exchange and has an uninterrupted dividend paying record since inception.
In 2000, Pankaj Bajaj formed Eldeco Infrastructure and Properties Ltd. specifically to carry the group into the National Capital Region. Mr. Pankaj Bajaj forms a new company, Eldeco Infrastructure and Properties Ltd. (EIPL). EIPL's focus is to undertake large projects in the NCR of Delhi and other states of North India. Gurgaon became one of the markets EIPL targeted directly, with the group re-establishing itself here through housing on Sohna Road. The group re-enters the Gurgaon market with mid-income housing on Sohna Road. Today Eldeco counts Gurgaon among the cities where its name is tied to established quality and customer trust, alongside Lucknow, Kanpur, Agra, Noida and Greater Noida. Apart from Lucknow, Kanpur, Agra, Greater Noida, Noida and Gurgaon where Eldeco's name stands for high quality and customer trust, the Group is developing projects in Panipat, Sonipat, Ludhiana, Jhansi, Bareilly, Panchkula, Neemrana, Delhi, Kasauli, Rudrapur, Gorakhpur, Rishikesh and Jalandhar.
Across its listed Lucknow entity (EHIL) and its NCR-focused arm (EIPL), Eldeco Group has handed over more than 200 projects spanning integrated townships, high-rise housing, industrial estates, malls and office buildings, across 20 cities in North India. The Group is synonymous with timely and quality delivery in 20 cities in North India and has already handed over 200 projects spanning large-format integrated townships, high-rise condominiums, industrial estates, malls and office buildings. Besides, 30 projects are in various stages of active execution. The aggregate delivered area stands at more than 60 million sq.ft. with over 30,000 satisfied customers. The group's most capital-intensive recent move is a ₹1,500 crore platform formed with HDFC Capital Advisors to develop 18 residential projects across towns such as Panipat, Sonipat, Ludhiana, Rudrapur, Kasauli and Rishikesh, with a combined revenue potential of roughly ₹11,000 crore. HDFC Capital Advisors Limited, the real estate private equity arm of HDFC Group, has created a ₹1,500 crores platform in partnership with the Eldeco Group to develop 18 residential projects across multiple towns including Panipat (Haryana), Sonipat (Haryana), Rudrapur (Uttarakhand), Ludhiana (Punjab), Kasauli (Himachal Pradesh) and Rishikesh (Uttarakhand), with total development area of more than 10 million square feet and combined revenue potential of about Rs. 11,000 Cr. This is the same group and the same management, led by chairman Pankaj Bajaj, that stands behind the Sohna Road address in Gurgaon.
Eldeco Acclaim occupies Sector 2 on Sohna Road, forming the second phase of the group's earlier Eldeco Accolade development on an adjoining 13-acre parcel. Eldeco Acclaim, the 2nd Phase of Eldeco Accolade, is located on Sohna Road, Sohna, Sprawling over 13 acres and home to over 150 families, this 2/3 + Servant BR Apartment complex offers everything needed to live a fulfilling life. The project is built around 330 units across 2, 2.5, 3 and 3.5 BHK configurations ranging from 1,264 sq ft to 2,122 sq ft. This project, spread over 13.00 acres, is developed by the renowned Eldeco Group. The 330 premium units are thoughtfully designed, combining spacious living with modern architecture. Homebuyers can choose from 2 BHK, 2.5 BHK, 3 BHK and 3.5 BHK luxury Apartments, ranging from 1264 sq. ft. to 2122 sq. ft. Apartments are oriented to take in views of the Aravalli range, and the shared clubhouse — Club Accolade — runs to 15,000 sq ft with a gym, billiards, squash, table tennis, a party hall and guest rooms, complemented by a resort-style pool and floodlit sports courts. Uniquely designed club Accolade spread over 15000 sq. ft with gym billiards, squash, table tennis, party hall and guest room. Resort-style swimming pool with pool deck and loungers. Sports facilities with floodlit badminton, half-court basketball, lawn tennis court and more. The address sits near G. D. Goenka World School on Sohna-Gurgaon Road. Eldeco Accolade, Sohna-Gurgaon Road, Sector 2, Sohna, near G.D Goenka World School, Gurgaon, Haryana 122103.
Sector 2 sits on the corridor that Gurgaon's real estate has been recalibrating around since the Sohna Elevated Corridor opened. The 21.65 km, six-lane expressway links Rajiv Chowk to Sohna and was executed by NHAI at a cost of ₹1,466 crore. The Sohna Elevated Corridor (NH-248A) is a 21.65 km, 6-lane signal-free expressway connecting Rajiv Chowk in Gurgaon to Sohna, built at a cost of ₹1,466 crore by NHAI. Operational since July 2022, it reduced the Gurgaon-to-Sohna commute from 60–90 minutes to under 30 minutes. That single piece of infrastructure, together with the KMP Expressway and the Delhi-Mumbai Expressway link at the Sohna end, is the reason the belt has re-rated in recent years. This growth is largely due to improved connectivity and robust infrastructure, including the six-lane, 21.65-km-long Sohna Elevated Corridor, the Delhi-Mumbai Industrial Corridor, the KMP Expressway, and a proposed metro line. Independent tracking puts the price move at a 151% rise over five years, with average rates around ₹15,600 per sq ft. Sohna has experienced an impressive 151% surge in property prices over the last five years, with average prices now at ₹15,600 per sq. ft. The same growth story has drawn other established names into the corridor, including Signature Global, Central Park Group and Ashiana, which together are adding roughly 16,000 new housing units to the belt. Major developers such as Signature Global, Central Park Group, and Ashiana are heavily investing in Sohna, with plans to launch approximately 16,000 housing units.
For a resident buying into Eldeco Acclaim, the practical draw is what already sits within a short drive: GD Goenka World School and K. R. Mangalam University roughly five minutes away, IMT Sohna eight to nine minutes out, and a cluster of hospitals — Medanta, Artemis, Fortis, Max and Paras among them — reachable within ten to thirty minutes. You will find renowned educational institutions including GD Goenka and KR Mangalam University in close proximity of about 5 minutes driving; IMT Sohna is approx 8-9 minutes drive away. This ready to move project in Gurgaon is surrounded by leading hospitals including Medanta, Vardan, Muri, Artemis, Fortis, Max, Paras etc. IMT Manesar, an established industrial township with a base of large corporate occupiers, lies a few minutes from the project. also, an industrial modern township like Manesar (1600 acres of IMT Development by HSIDC) already sold to many big companies is just 5 minutes drive from eldeco accolade project Sohna
Eldeco Acclaim is not a first attempt at this address — it is the second phase of a development the group already delivered as Eldeco Accolade on the same road in Sector 2, giving buyers a completed, occupied reference point next to the newer phase rather than only renderings. That pairing of a delivered project and its follow-on phase, backed by a developer with over five decades of construction history and a listed flagship entity on the BSE, is the specific combination the Eldeco name brings to this stretch of Sohna Road.
