Eldeco Group traces its origins to 1975, when S. K. Garg founded the company in Agra to undertake real estate and construction projects professionally. The group was formed on the stated principles of timely delivery, ethics in business, and transparency. Over the following decades it moved decisively into Lucknow, where it developed a 200-acre township in joint development with the Lucknow Development Authority — one of the early instances of public-private partnership in Indian real estate. Eldeco Housing and Industries Ltd. (EHIL), the group's listed arm, has paid dividends continuously since 1985 and is listed on the Bombay Stock Exchange.
The group has completed more than 200 projects across 20-plus cities, including Noida, Gurugram, Lucknow, Agra, and Kanpur, and has earned the trust of over 30,000 customers. Its portfolio spans mid-income apartments, large-format townships, shopping malls, office buildings, and industrial estates. The Eldeco Sidcul Industrial Park — 1,200 acres in Sitarganj, Uttarakhand — is the group's flagship industrial project, a scale that speaks to its capability beyond residential development. Across Noida, Greater Noida, Faridabad, Gurgaon, Sonepat, Panipat, Ludhiana, Jalandhar, Lucknow, Kanpur, Panchkula, and Sitarganj, the group is simultaneously working on 30 housing projects spanning multi-storey apartments, township development, shopping and office complexes, and industrial parks.
Eldeco's relationship with the Gurgaon market has not been linear. The group had a presence in the city, exited during the post-2008 consolidation period, and re-entered the Gurgaon market with mid-income housing on Sohna Road once project deliveries in Noida, Lucknow, Panipat, and Ludhiana were completed. That disciplined sequencing — finish what you start before entering a new market — defines the way the group operates.
On Sohna Road, Eldeco has delivered 809 two- and three-bedroom premium apartments across 13 acres at Eldeco Accolade in Sector 2, Sohna. The project has reached ready-to-move status and is registered under RERA with registration number 81 of 2017. Eldeco Acclaim, the second phase of the same development, also sits on Sohna Road, spans 13 acres, and is home to over 150 families. Both projects sit at the foothills of the Aravallis, giving residents views that are uncommon in a dense urban market.
More recently, projects such as Eldeco Fairway Reserve, Eldeco Accolade, and Eldeco Mansionz have highlighted the group's focus on luxury living, smart planning, and contemporary design in Gurgaon. Eldeco Fairway Reserve, also in Sector 80, is a premium residential development spread across 8.34 acres featuring three high-rise towers of G+28 floors and 325 apartments in three- and four-bedroom configurations starting at 2,200 sq ft. The towers are placed so that no two overlook each other, preserving views of the Aravalli Hills, the NSG green campus, and nearby golf courses — a site-planning discipline that reflects the group's longer experience in mid-sized cities where buyer satisfaction drives repeat business.
Eldeco Terra & Sol is a newly launched ultra-luxury residential development in Sector 80, Gurgaon, designed for buyers who seek spacious homes, premium lifestyle amenities, and a peaceful low-density living environment. Spread across approximately 2.7 acres, the project is planned with only around 224 premium residences in two high-rise towers — a deliberately restrained unit count that keeps the density well below what the site could theoretically support.
Each tower rises to G+30 floors and is designed with just four apartments per core, ensuring greater privacy, natural light, and ventilation for every home. Homes are available as spacious three-bedroom and four-bedroom apartments, with sizes from approximately 1,900 sq ft to 2,100 sq ft. The project also offers duplex penthouse configurations with their own upper and lower floors and private terrace areas.
The amenity infrastructure at Terra & Sol is scaled to match the project's positioning. The centrepiece is a 1.5 lakh sq ft private clubhouse — one of the largest in Gurgaon's new-launch residential category — housing a private theatre, multiple pools, spa facilities, a full gymnasium, and social gathering spaces. Residents also have access to a swimming pool, fully equipped gymnasium, sports courts, landscaped gardens, yoga deck, mini theatre, children's play area, and club lounge. The project includes air-conditioned lift lobby areas, dedicated parking spaces, EV charging support, and organised entry and exit points.
Eldeco Terra & Sol is the second RERA-approved project by the Eldeco Group in Gurugram. All-corner apartments offer panoramic views of the Aravalli Hills and the cityscape, and the development overlooks the NSG Campus — a permanently green buffer that keeps this part of Sector 80 free from further high-rise encroachment.
Eldeco's choice of Sector 80 as its primary Gurgaon address is not incidental. Sector 80 sits at the crossroads of NH-48 (the Delhi–Jaipur Highway) and the Dwarka Expressway — two of the most important arterial roads in the entire NCR. The location also connects to the Southern Peripheral Road, Cyber Hub, Manesar, and the major business districts of Gurgaon. For a professional commuting daily to Cyber City or Udyog Vihar, the road access from Sector 80 is materially different from a location deeper inside Old Gurgaon's congested grid.
New Gurgaon is a rapidly developing region located between Delhi, Manesar, and Dwarka Expressway, encompassing sectors 76 to 113 and offering well-planned residential and commercial developments. The region's connectivity is built on Dwarka Expressway, the Southern Peripheral Road, Golf Course Extension Road, NH-48, and the Western Peripheral Expressway (KMP Expressway). The Gurgaon section of the Dwarka Expressway became operational in 2024, while the Delhi stretch was inaugurated in 2025, creating a seamless corridor between Delhi and Gurgaon.
Infrastructure growth has translated directly into price performance in this corridor. Sector 80 Gurgaon recorded 137.2% price appreciation over the past three years — among the highest of any locality in the city. Across Gurgaon, average property prices rose from around Rs 7,500 per sq ft in 2019 to Rs 19,500 per sq ft by 2024 — a 160% increase — and appreciation continued at 12–18% year-over-year in 2025. Within this broader market, New Gurgaon — including sectors 80 to 95 — continues to present strong growth prospects for both mid-segment and luxury buyers.
Social infrastructure in the Sector 80 belt has matured alongside the roads. The Delhi Western Peripheral Expressway (KMP) is nearby, and schools such as GD Goenka World School are approximately five minutes away. The broader New Gurgaon region offers access to several reputed schools and educational facilities, making it attractive for families. Healthcare and retail — including hospitals and shopping centres — are accessible across the Southern Peripheral Road corridor, which has seen sustained commercial development over the past five years.
Buyers in today's Gurgaon market increasingly prefer RERA-compliant, branded developers with proven delivery records, a trend that directly benefits Eldeco — a BSE-listed group with a five-decade history of project completions across 20 cities. Demand in this segment is driven primarily by HNIs, NRIs, and affluent professionals seeking larger residences — three-bedroom and above — that offer a range of facilities with a focus on wellness and holistic living.
The low-density philosophy that Eldeco has applied at Terra & Sol answers this demand precisely. With only four apartments per core and limited residences across two towers, the project ensures greater privacy, better ventilation, reduced congestion, and a more peaceful lifestyle compared to typical high-density developments. For a buyer choosing between a 500-unit project and a 224-unit one in the same sector, the difference in day-to-day liveability is significant — in lifts, parking, amenity access, and the overall character of the community.
Post-COVID, Gurgaon witnessed 35–40% price appreciation in luxury segments between 2022 and 2024, fuelled by increased demand for larger homes and lifestyle upgrades. A joint report by Sotheby's International Realty and CRE Matrix identified Gurugram as India's fastest-growing ultra-luxury residential market in 2025, surpassing Mumbai in sales value for homes priced above Rs 10 crore, with approximately Rs 24,120 crore in transactions within this segment. Eldeco's entry at the upper end of the Sector 80 market is timed to this structural shift rather than to any short-term cycle.
