Elan announces launch of premium mixed use project Elan Miracle

Gurgaon: Leading real estate player Elan Group announced the launch of Elan Miracle, a premium mixed use development project in Gurugram.

Located in Sector 84, Dwarka Expressway, Elan Miracle is well connected to Central Peripheral Road, Southern Peripheral Road and ISBT, as well as enjoys metro connectivity from both sides.

The project covers an area of 7 acres with 1.5 million sq. ft of development area, and is a perfect blend of high street retail with double height shops, hypermarket, food court, superplex and luxury serviced apartments with one of the biggest Club houses in a commercial project.Designed by UHA London- Elan Miracle houses one of the tallest buildings in Gurugram.

Consisting of approximately 1000 units, the 550- crore project will also house the nation’s largest PVR cinemas. The superplex will boast of 18 screens featuring Premier, Gold Class, IMAX,4D, 5D AND 7D. Elan Group also aims at making a dedicated cricket theme floor in Elan Mircle and former captain of Indian cricket team, Mr. Mahendra Singh Dhoni is the first cricketer to be a part of it.

The project is priced at Rs 14,000 per sq ft for retail spaces whereas service apartments in the project are priced at Rs 9000 per sq ft.

On the occasion, Mr. Ravish Kapoor, Director, Elan Group, said: “We are excited to launch our premium project in Gurugram. We believe that Gurugram is one of the promising real estate markets of the country. The launch of Elan Miracle is in line with our strategy of establishing a strong footprint in large developing markets across the country. The project will offer a contemporary and luxurious lifestyle to the city.”

The construction of the project will begin in the fourth quarter of 2017 and will be completed by 2020.

Besides Elan Miracle, Elan Mercado in Sector 80, and Elan Town Centre in Sector 67, Sohna Road at Gurugram are other two projects by the developer.