Eldeco Group Projects

Eldeco Group projects in Japanese Zone, Neemrana

Eldeco Group's Address Inside Neemrana's Japanese Zone

Eldeco Group's presence in Neemrana is concentrated in the Japanese Zone, where the developer built Eldeco Hillside on an 11-acre plot allotted by RIICO, the Rajasthan State Industrial Development and Investment Corporation. It followed the group's earlier Eldeco Eden Park in the same pocket, making Japanese Zone one of the few locations outside North India's larger metros where Eldeco has delivered back-to-back residential projects rather than a single one-off launch.

Eldeco Hill Side Japanese Zone has 13 towers, with 11 floors each and 824 units on offer. The project's Rajasthan RERA registration is RAJ/P/2017/067, and possession commenced in March 2021, with the complex now home to a settled residential population rather than an under-construction site.

A Developer Founded in Agra, Built Out Across 20 North Indian Cities

The Eldeco group was founded in 1975 in Agra by S. K. Garg to professionally undertake real estate and construction projects, formed with a vision to excel on the ideals of timely delivery, ethics in business and transparency. Its operating structure grew through two listed and closely-held entities: Eldeco Housing and Industries Ltd. was incorporated in 1985 and has been, for over 3 decades, the market leader in Lucknow, and is listed on the Bombay Stock Exchange with an uninterrupted dividend paying record since inception. Eldeco Infrastructure and Properties Ltd. was incorporated in the year 2000 to undertake projects in the Delhi NCR region, and in recent years has seen rapid growth in other regions as well.

The Eldeco Group has been at the forefront of real estate development since 1985, synonymous with timely and quality delivery in 20 cities in North India, having already handed over 200 projects spanning large-format integrated townships, high-rise condominiums, industrial estates, malls and office buildings, with 30 projects in various stages of active execution, an aggregate delivered area of more than 60 million sq.ft. and over 30,000 satisfied customers. Apart from 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. On the industrial side, the unique 1200-acre state-of-the-art Eldeco Sidcul Industrial Park at Sitarganj, Uttarakhand, is Eldeco's flagship project in the industrial sector. That dual exposure — residential townships and industrial parks — is relevant in Neemrana, a town whose economy is itself organised around an industrial zone.

Why an Industrial Zone Decides the Product

Eldeco Hillside sits inside the reason Japanese Zone exists in the first place. Neemrana Industrial Park in Rajasthan's Alwar district is the most successful Japanese Industrial Township in India, located approximately 120 km from Delhi along the Delhi-Mumbai Industrial Corridor, and over 48 Japanese firms have invested more than USD 8.34 billion here, generating over 26,000 direct jobs. Anchor tenants include Daikin India, Nissin Brake supplying Indian two-wheeler OEMs, Mytex Polymer, Nippon Pipe, and Tokai Rika Minda India. Around the Neemrana Japanese Zone, apartment complexes with names like Eden Park and Hillside were built to accommodate employees and their families — a direct account of why Eldeco chose to build here rather than elsewhere in Alwar district.

The zone's infrastructure was purpose-built for factory-linked residential demand. Eldeco's own project literature notes the surrounding 3,500-acre RIICO Industrial Park, already developed with more than 500 industries under production, a Japanese City for high-end Japanese industries, a 470-acre educational hub under development, a proposed Neemrana Airport, and a proposed Rapid Metro connecting Delhi to Neemrana. This is the backdrop Eldeco Hillside is pitched against: a well-located prime plot allotted by RIICO, right in the heart of Neemrana, one of the fastest growing industrial hubs in NCR.

Inside Eldeco Hillside

The project combines high-rise and low-rise blocks rather than a single tower typology. Eldeco Hillside is spread over a vast expanse of open areas with both high-rise and low-rise apartments and a thriving neighbourhood of 700+ families. Unit sizes run from compact studios to family-sized 2 and 3 BHK layouts, and the amenity list is built for a self-contained township rather than a standalone block: a clubhouse with gym, swimming pool and kids' room, a meditation and yoga room, multipurpose and party halls, landscaped gardens, sports courts, 24-hour power backup and water supply, and secured parking.

AttributeDetail
DeveloperEldeco Group
LocationJapanese Zone, Neemrana, Alwar district, Rajasthan, on NH-8/NH-48
Land parcel11 acres, RIICO-allotted
Towers / floors13 towers, 11 floors each
Total units824
RERARAJ/P/2017/067, Rajasthan RERA
StatusReady to move, possession from March 2021

What the Japanese Zone Address Means for a Buyer

Property in Japanese Zone trades at a premium tied directly to industrial employment, and Eldeco's own project in the locality is one of the reference points for that premium. The year-on-year change in apartment prices in this locality averages 12.5%, with the approximate buying price around ₹2,700 per square foot, and Eldeco Hill Side recording 14.9% YOY appreciation, ahead of Eldeco Eden Park's 12.0%. That outperformance against the locality's own average is a direct outcome of the same factory-linked rental and resale demand that shaped the project's design.

Connectivity mirrors the industrial logic. Eldeco Hill Side Japanese Zone has rail and road connections, with major highways and Neemrana Railway Station offering access to places like Jaipur and Delhi. Ajaraka Station under the North Western Railway Zone is the closest railway station, about 24 km away, and the nearest airport is Indira Gandhi International Airport in Delhi, almost 107 km away via NH-48. Everyday needs are met close by: important landmarks near Eldeco Hill Side include Holy Child International School, Sachkhand Hospital, and Neemrana City Center. The wider education cluster adds depth for families, with NIIT University, Raffles University, Rai University, School of Aeronautics, Cambay Institute of Hospitality & Management, and St. Margret Engineering College operating in Neemrana.

Eldeco's Two-Project Cluster in One Locality

Unlike a single-launch entry, Eldeco built a small cluster in Japanese Zone. Eldeco Hillside followed the earlier Eldeco Eden Park in the same area, both located in the rapidly growing Delhi NCR region of Neemrana. For a buyer, this means an established maintenance and facilities track record within the same zone rather than a first-time entry, and a developer whose site office for the locality has operated out of Eden Park itself, indicating continued on-ground presence rather than a project handed over and left unattended.

Frequently Asked Questions

Which Eldeco Group project is located in Japanese Zone, Neemrana?+
Eldeco Hillside, spread over an 11-acre RIICO-allotted plot with 13 towers of 11 floors each and 824 units, is the group's project in Japanese Zone. Eldeco also built the earlier Eldeco Eden Park in the same locality.
Is Eldeco Hillside ready to move in?+
Yes. The project is registered under Rajasthan RERA as RAJ/P/2017/067, with possession having commenced in March 2021, and the community now houses several hundred resident families.
Why does Eldeco Group have a project specifically in Japanese Zone rather than elsewhere in Neemrana?+
Japanese Zone is Neemrana's dedicated industrial belt hosting Daikin, Nissin Brake and dozens of other Japanese manufacturers, and Eldeco built its residential projects there to serve the housing demand generated by this employment base.
How have prices moved for Eldeco's project in Japanese Zone?+
Japanese Zone apartments have averaged 12.5% year-on-year price growth locality-wide, with Eldeco Hill Side itself recording 14.9% YOY appreciation, ahead of the area average.
How well connected is Eldeco Hillside to Delhi and Jaipur?+
The project sits on the NH-8/NH-48 corridor, with Neemrana Railway Station providing rail access to Jaipur and Delhi, and Indira Gandhi International Airport around 107 km away via NH-48.
What is Eldeco Group's broader track record beyond Neemrana?+
Founded in 1975 in Agra, Eldeco Group has since delivered over 200 projects across 20 North Indian cities, totaling more than 60 million sq.ft., with roughly 30 projects currently under execution, including a 1,200-acre industrial park in Sitarganj, Uttarakhand.
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