Elan The Statement in Sector 49, Gurugram: Launch Status, Configurations and Possession Timeline

Launch and current status

Elan The Statement was launched on 19 November 2025 as a grand launch, with bookings opening at the same time. The RERA record shows the project was submitted on 14 November 2025. As of October 2026, the project is still listed as a New Launch, and it is in its early construction phase rather than completed.

Project scale and layout

The project sits on 5.875 acres (2.377 hectares) of land, which the developer describes as developed in collaboration with V. A. Agriculture Pvt. Ltd. It comprises five towers of G+35 floors with 360 units in total. The development keeps 80% of its area as open space, and the layout uses two residences per core with a private lift lobby for each home.

Configurations, sizes and prices

Units are listed in three main configurations, with super areas as follows:

• 4 BHK + study: 4,285 sq ft to 4,340 sq ft
• 4 BHK + utility: 4,285 sq ft to 4,500 sq ft
• 5 BHK + study penthouses: 7,270 sq ft to 7,395 sq ft

The developer's microsite gives a starting price of ₹10 crore onwards for the 4 BHK units, exclusive of charges. The RERA record lists a launch price of ₹23,900 per sq ft. Penthouse pricing is available on request. A 30:40:30 payment plan has been reported, along with a booking-amount offer under which the booking amount could be doubled, capped at ₹30 lakh.

Approvals and RERA

The project is registered with the Haryana Real Estate Regulatory Authority (HRERA) under registration 125 of 2025, dated 12 December 2025. The RERA record also lists the following approvals:

• Zoning approval: 21 November 2025
• Airport Authority of India NOC (height clearance): 14 October 2024
• Electrical load approval: 13 December 2024

Construction and possession

Construction commenced on 1 May 2026, as announced by the developer. The developer has awarded a ₹840 crore engineering, procurement and construction contract to Tata Projects. The RERA completion date for the project is 30 September 2033. Buyers should check the RERA-registered schedule for the latest timeline, as construction stage updates are announced by the developer.

Specifications and amenities

• Italian marble flooring in living and dining areas
• Modular kitchens with European appliances
• Double-glazed windows and VRV/VRF air-conditioning in living, dining and bedrooms
• Full-glass facade and a double-height entrance lobby
• Clubhouse of about 1,00,000 sq ft, with an infinity swimming pool, gym, spa and wellness centre, sports courts, a library lounge and a creche
• 24x7 smart-access gated security and EV charging points

Location and connectivity

Sector 49 lies along Sohna Road, which runs about 24 km to Sohna town. The Golf Course Extension Road is reached in about 4.9 km, and the Southern Peripheral Road links Sohna Road to the Golf Course Extension Road. Huda City Centre on the Yellow Line metro is about 7 km away, with IFFCO Chowk also on the Yellow Line. The Rapid Metro at Sectors 55–56 is about 5 to 7 km away. Gurgaon railway station is about 10.9 km away, and IGI Airport is about 20 to 22 km away. Cyber City, Udyog Vihar and Golf Course Road are within 10 to 15 km.

Infrastructure under way

• Gurugram Metro: the sanctioned corridor is 28.5 km with 27 stations. The first phase to Sector 9 is targeted for August 2028.
• Southern Peripheral Road: ₹2,000 crore was allocated for upgrades in the 2025–26 Haryana budget. The eastern elevated segment is at the consultancy stage.
• Haryana Orbital Rail Corridor: expected by 2028.
• Delhi–Alwar rail line via Sohna: construction has commenced.
• DND–KMP Expressway: the Sector 65 to Sohna stretch opened in 2023, and the Mithapur to DND stretch opened on 23 August 2026.

Local market context

Published locality averages for Sector 49 range from about ₹13,900 to ₹16,900 per sq ft in 2026, with some listing-based averages near ₹17,500 to ₹17,700 per sq ft. Apartment prices in the sector rose about 3.4% year on year. The Sohna Road corridor averages about ₹15,550 per sq ft, with prices down about 0.3% over one year and gross rental yields of around 3%. Gross rental yield for Sector 49 is about 2.06% a year.

About the developer

Elan Group is a Gurugram developer with a portfolio of 15 projects covering about 25 million sq ft of built-up area across Gurugram and New Delhi, and it reports more than 15 million sq ft delivered. Its Gurugram projects include Elan Mercado, Elan Town Centre, Elan Miracle in Sector 84 and Elan Epic in Sector 70, along with residential projects in Sector 106. The group is chaired by Rakesh Kapoor.