Eldeco Group Projects

Eldeco Group projects in Neemrana

Eldeco Group's address in Neemrana's Japanese Zone

Eldeco Group's presence in Neemrana is built around a single, well-defined pocket of the town: Japanese Zone, on the Delhi-Jaipur stretch of NH-8. Eldeco Hillside in Japanese Zone, Neemrana carries RERA registration number RAJ/P/2017/067, and the project sits alongside an earlier Eldeco development, Eldeco Eden Park, in the same micro-market. Eldeco Infrastructure & Properties Ltd. has two projects here, Eldeco Eden Park and Eldeco Hillside, with Eden Park developed as a residential group housing project on land allotted by RIICO. That sequencing matters for a buyer evaluating the developer's intent in the town: Eldeco did not enter Neemrana with a single opportunistic launch but followed one project with a second on an adjoining plot, both allotted directly by the state industrial corporation rather than acquired on the open land market.

A RIICO-allotted plot, not a speculative land buy

Eldeco Hillside is built on 11 acres of land allotted by RIICO, right at the heart of Neemrana, and it is situated on a well-located prime plot allotted by RIICO, in what the developer describes as the heart of Neemrana, one of the fastest growing industrial hubs in NCR. That distinction is relevant because RIICO allotments in the Japanese Zone are typically reserved for housing meant to serve the adjoining industrial workforce rather than open residential speculation, which is also why the project's own marketing has historically framed it around executive and worker housing demand rather than second-home or tourist buyers. Eldeco Hillside's 2 BHK apartments range from 940 to 1230 square feet, and the project is spread over an area of 36 acres by some listings, while other sources record it at 11 acres with 13 towers; the RERA filing is the authoritative reference for exact metrics. Eldeco Hill Side Japanese Zone has 13 towers, with 11 floors each and 824 units on offer, spread over an area of 11 acres.

Why Eldeco chose this stretch of NH-8

The developer's own case for Neemrana rests on the density of manufacturing next door. Over 48 Japanese firms have invested more than USD 8.34 billion in Neemrana, generating over 26,000 direct jobs, and the Japanese zone within Neemrana has developed into a self-sustaining industrial ecosystem with tier-1 manufacturers surrounded by their supplier networks. Located along the Delhi-Ajmer Expressway, Japanese Zone is a mid-income housing hub that houses several top Japanese brands, such as Daikin, Nissin and Mytex. Eldeco has pitched its Hillside development squarely at this employment base: a range of value-added housing options is available at affordable prices to meet the demand for housing for top and mid-management executives working in modern industrial units of Neemrana. The developer's own literature adds that the location benefits from a 3,500-acre RIICO Industrial Park already developed with more than 500 industries in production, a Japanese City for high-end Japanese industries, and 470 acres being developed as an educational hub, alongside a proposed Neemrana Airport and a proposed rapid metro connecting Delhi to Neemrana.

Eldeco's scale beyond Neemrana

Neemrana is a small but deliberate entry in a much larger national footprint. Eldeco was founded in 1975 in Agra by S.K. Garg to professionally undertake real estate and construction projects, built on the ideals of timely delivery, ethics in business and transparency. Its Lucknow-focused entity, Eldeco Housing and Industries Ltd., incorporated in 1985, has been for over three decades the market leader in Lucknow, and is listed on the Bombay Stock Exchange with an uninterrupted dividend-paying record since inception. Its NCR-facing arm, Eldeco Infrastructure and Properties Ltd., was incorporated in 2000 to undertake projects in the Delhi NCR region and has in recent years seen rapid growth in other regions as well — this is the entity behind both Neemrana projects. Group-wide, the Eldeco Group has been at the forefront of real estate development since 1985, is synonymous with timely and quality delivery in 20 cities in North India, has handed over 200 projects with 30 more in various stages of active execution, and has an aggregate delivered area of more than 60 million sq.ft. with over 30,000 satisfied customers. Beyond Lucknow, Kanpur, Agra, Greater Noida, Noida and Gurgaon, the Group is developing projects in Panipat, Sonipat, Ludhiana, Jhansi, Bareilly, Panchkula, Neemrana, Delhi, Kasauli, Rudrapur, Gorakhpur, Rishikesh and Jalandhar — placing Neemrana within a portfolio that otherwise concentrates on established UP, Punjab and Haryana markets, making it one of Eldeco's few deep entries into Rajasthan.

What the Japanese Zone address actually offers residents

Beyond the industrial rationale, the immediate neighbourhood carries its own social infrastructure. Neemrana Fort Palace, India's oldest heritage resort, is about 5 km from the locality, while Shiv Public School Mohlariya, St. Margaret Engineering College and Raffles University are located near the area, and landmarks near Eldeco Hill Side include Holy Child International School, Sachkhand Hospital and Neemrana City Center. On education specifically, several reputed universities including NIIT University, Raffles University and School of Aeronautics are within a driving distance of five to ten minutes. Within the project itself, Eldeco has built in a clubhouse-led lifestyle layer: a lifestyle club with a party hall, yoga room, kids' play room, swimming pool, kids' pool, table tennis, dance room, gym and half-court basketball feature among the amenities, run alongside power backup, electronic and manned security, and computerized electricity billing.

Pricing and appreciation in Japanese Zone

Public secondary-market data shows steady, if modest, price movement in the immediate locality. The year-on-year change in prices for apartments in Japanese Zone averages 12.5%, with the approximate buying price for apartments at around Rs 2,700 per square foot, and among the tracked projects, Eldeco Hill Side has shown 14.9% YOY appreciation, ahead of Eldeco Eden Park at 12.0% YOY. Individual unit pricing on resale platforms has varied by size and configuration; one listing places 2 BHK units in the project between Rs 28.2 lakh and Rs 36.9 lakh, consistent with the mid-income positioning the developer has maintained since launch. Historically, Eldeco's own regional pricing in the early years of the Japanese Zone was quoted at between Rs 2,800 and Rs 3,000 per square foot in the group's projects, indicating the segment has held its band over more than a decade rather than swinging sharply.

Connectivity that underwrites the industrial-housing thesis

Neemrana's locational logic for Eldeco rests on the town sitting almost exactly between two metros. Neemrana is Rajasthan's closest palace town to India's capital, and has excellent connectivity through NH-8 since it is roughly half-way between Delhi and Jaipur. It is also part of the Delhi-Mumbai Industrial Corridor and the Delhi-Mumbai freight corridor, which is the same corridor logic that drew the Japanese manufacturing base into the zone. For residents of Eldeco Hillside, the practical distances are modest: the nearest airport is Indira Gandhi International Airport in Delhi, almost 107 km away via NH-48, while local rail access runs through the Neemrana station roughly 10 km from the project, per multiple listing sources.

Frequently Asked Questions

What is Eldeco Group's flagship project in Neemrana?+
Eldeco Hillside in Japanese Zone, registered under RERA number RAJ/P/2017/067, is the developer's current tracked project in Neemrana, alongside the earlier Eldeco Eden Park in the same zone.
Why did Eldeco Group choose Japanese Zone in Neemrana for this project?+
The plot was allotted directly by RIICO in a zone that has drawn over 48 Japanese manufacturing firms and more than USD 8.34 billion in investment, creating steady housing demand from executives and workers employed in those units.
How has property in Eldeco's Neemrana projects appreciated?+
Japanese Zone apartment prices have shown an average year-on-year change of around 12.5%, with Eldeco Hill Side specifically recording about 14.9% YOY appreciation among tracked projects in the locality.
How is Neemrana connected to Delhi and Jaipur for an Eldeco Hillside resident?+
Neemrana sits roughly midway between Delhi and Jaipur on NH-8, with Indira Gandhi International Airport about 107 km away and Neemrana railway station roughly 10 km from the project.
How long has Eldeco Group been developing real estate in North India?+
Eldeco was founded in 1975 in Agra, with its Lucknow entity Eldeco Housing and Industries Ltd. incorporated in 1985 and its NCR-focused entity Eldeco Infrastructure and Properties Ltd. incorporated in 2000; the group has since delivered over 200 projects across 20 cities.
What social infrastructure exists near Eldeco Hillside in Neemrana?+
The project is close to institutions such as NIIT University, Raffles University and St. Margaret Engineering College, plus hospitals like Sachkhand Hospital, and is about 5 km from the historic Neemrana Fort Palace.
×
Express Your Interest