India, Dec. 17 -- Gurugram-based Elan Group has said that it will invest nearly Rs.1,600 crore to develop an ultra-luxury residential project in the city

Located in Sector 49, Gurugram, the project, Elan The Statement, is spread across about six acres. The first phase will offer 230 four-bedroom residences across five towers, with unit sizes ranging from approximately 4,300 to 4,500 sq ft.

The residences feature a two-homes-per-core layout, private lift lobbies, premium interior finishes, and detailed craftsmanship. An elevated amenity ecosystem further reinforces the project's luxury positioning, the company said in a statement.

Designed by globally renowned London-based architectural firm Benoy, the project features a metal-and-glass...