Terra Grande – Narendra Nagar Unveiled: Eldeco Launches 30-Villa Luxury Estate in Himalayan Foothills Above Rishikesh
Eldeco Unveils 30-Villa Estate in Himalayan Foothills Above Rishikesh
In March 2026, Eldeco Group—a developer with over 35 years of experience and more than 200 projects across 21 cities—unveiled Terra Grande Narendra Nagar, a luxury villa estate located in the Himalayan foothills above Rishikesh. Situated nearly 4,000 feet above sea level, the development is planned as a low-density residential community comprising just 30 luxury villas, offering homeowners privacy, expansive views, and nature-led living within close proximity to Rishikesh.
Location and Setting
Narendra Nagar is situated at a distance of 16 km from Rishikesh with an elevation of 1,322 metres above sea level. The area is a charming hamlet offering panoramic views of the Ganga River and the Doon Valley. The estate overlooks the Ganga valley and offers a quieter alternative to city life while remaining accessible to Dehradun and Delhi NCR.
The Narendra Nagar Palace is now home to Ananda - In the Himalayas, a destination spa. The Westin Narendra Nagar is immediately adjacent to the development. This established hospitality presence reflects the region's evolution as a destination combining spiritual tourism with luxury wellness experiences.
Project Specifications
Each 4 and 5 BHK villa is designed to emphasise space, privacy, and a close connection with the surrounding landscape. The 30 villas are spread across 12.5 acres. The villas have been designed by Sandeep Geeta & Associates, with landscape design by ROHA Landscape Architecture and Planning. The architecture responds to the terrain with sloping roofs, river-stone facades, warm wood interiors, and open layouts that transition naturally into the outdoors.
Each villa comes with its own private heated pool, personal garden, outdoor fireplace, open terraces, and a direct sightline to the Ganga River and the surrounding valley. The clubhouse spans 30,000 sq ft of shared amenities—for 30 families. This represents 1,000 sq ft of club per villa.
Pricing and Registration
The project offers 4 and 5 BHK estate villas starting from ₹19 crore. RERA registration means construction timelines, use of buyer funds, and project disclosures are regulated and publicly accessible. The project is registered under RERA authority UKREP04240000553.
Developer Context and Expansion Strategy
Eldeco Group is one of India's foremost real estate developers with over 35 years of experience and more than 200 projects across 21 cities. 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.
Terra Grande by Eldeco announced its next phase of growth across Himachal Pradesh and Uttarakhand following the complete sell-out of Phase I of its flagship project in Sirmaur, Himachal Pradesh. The expansion marks a significant milestone in Terra Grande's vision of creating thoughtfully designed luxury second-home communities that seamlessly blend architecture, wellness, nature and hospitality-led living experiences. The complete sell-out of Phase I comprising 39 luxury villas has witnessed a complete sell-out.
Alongside the Narendra Nagar development (12.5 acres), Terra Grande plans to launch three new projects comprising a 2.5-acre luxury development in Kalth, Solan, an 8.5-acre wellness-focused villa community near Rishikesh, and a new 12-acre luxury second-home project in Sirmaur. Collectively, these five projects span approximately 61.5 acres and will comprise more than 100+ luxury residences, further strengthening Terra Grande's presence across India's emerging mountain and wellness destinations.
Market Position and Connectivity
As interest grows in second homes and nature-driven lifestyles, destinations around Rishikesh are increasingly attracting buyers seeking both lifestyle value and long-term investment potential. On April 14, 2026, Prime Minister Modi inaugurated the Delhi-Dehradun Expressway — 210 kilometres of access-controlled highway that collapsed what was once a 6-hour ordeal into a 2.5-hour drive. Delhi to Dehradun in 2.5 hours. Delhi to Rishikesh in approximately 3 to 3.5 hours. Narendra Nagar — perched 4,000 feet above sea level above Rishikesh — in perhaps 30 minutes more.
The project is financially backed by HDFC Capital. Terra Grande continues to be backed by Eldeco's four-decade legacy in real estate development, strengthening its position in India's rapidly evolving luxury second-home market.