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Elan Paradise

Elan Paradise

Under Construction

Q: What is the starting price of a shop in Elan Paradise?

Retail shops at Elan Paradise start from approximately ₹1 Cr for first-floor units. Ground floor and lower ground floor units start from ₹1.43 Cr–₹1.5 Cr depending on size. Food court units are available from ₹80 Lakhs onwards. Prices are subject to change — request the current cost sheet from PropxEstate.

Q: What is the payment plan for Elan Paradise?

Two payment structures are available: a 50:50 plan (50% at booking, 50% at possession) and a 40:30:30 construction-linked plan. Select assured return units follow a separate structure.

Q: Does Elan Paradise offer assured returns?

Yes. Select units at Elan Paradise are offered with 12% per annum assured returns from the date of booking. The specific terms, applicable floors, and duration should be confirmed at the time of booking.

Q: What is the size range of retail shops at Elan Paradise?

Retail shops range from 300 to 1,200 sq. ft. Food court units range from 300 to 2,800 sq. ft. Anchor/F&B spaces go up to 7,500–8,500 sq. ft.

Q: Who is the architect of Elan Paradise?

Elan Paradise is architecturally designed by UHA London, the same firm behind Elan Miracle in Sector 84, in collaboration with ACPL India.

Sector 50 Gurgaon

Starting Price

Request On Call

Property RERA:

GGM/584/316/2022/59

Featured

New Launch

Elan Paradise Sector 50 Gurgaon — High Street Retail, F&B & Multiplex | Price ?1 Cr* Onwards

Elan Paradise enters a segment that very few Gurgaon commercial developments have addressed intelligently: the under-served organised retail gap inside a large, affluent residential cluster.

The project sits at the centre of 1,500 acres of residential catchment within Nirvana Country, a township that houses premium apartment complexes, independent floors, and villas — yet has historically lacked a quality multiplex-anchored retail destination. This retail gap is precisely what drives long-term tenancy demand and justifies the developer's confidence in offering assured return structures.

For investors, the critical question is not just the current yield — it is whether the retail format will attract and retain brand tenants post-possession. The 5-screen multiplex anchor is a significant differentiator here, as multiplex-anchored retail consistently outperforms standalone retail in tenant retention and footfall sustainability. Elan's track record with Elan Miracle (Sector 84) and Elan Epic (Sector 70) — both of which have seen strong brand tenancy — provides meaningful precedent.

Ground floor and lower ground floor units carry the strongest appreciation potential. Food court units offer a lower-entry yield play, though F&B tenancy cycles are shorter and require active lease management.

1. Golf Course Extension Road Maturation: The Golf Course Extension Road corridor has seen sustained developer confidence and demand, contributing to Gurugram's ?27,000 crore investment activity in early 2026. As residential density on this corridor grows, organised retail becomes proportionally more valuable.

2. Under-Supply of Quality Retail in the Micro-Market: Despite the density of residential projects across Sectors 47–57, organised high-street retail with multiplex anchoring remains scarce. Elan Paradise is the only concept-based multiplex-retail development in this micro-market.

3. Shapoorji Pallonji Construction Quality: Construction by Shapoorji Pallonji — one of India's most credible construction groups — adds a premium signalling effect that supports long-term structural confidence and brand tenancy attraction.

4. UHA London Architecture: The international architectural pedigree creates a visually distinct asset in a market where most commercial buildings look identical. Brand tenants factor aesthetics heavily in leasing decisions.

5. Metro Connectivity Improvement: The Gurgaon Metro Extension Phase 4 is expected to boost connectivity directly toward the Sector 50 corridor, which would materially increase transit-linked footfall to the project.

The Sector 47–57 belt along Golf Course Extension Road houses some of Gurgaon's most premium residential projects — yet organised retail with quality F&B and entertainment options remains thin relative to residential population. The nearest multiplex-anchored destination for Nirvana Country residents currently requires a drive to Sector 84 (Elan Miracle) or South Point Mall — both 15–25 minutes away. Elan Paradise, being walkable and community-embedded, is structurally positioned to capture significant evening and weekend footfall once operational.

For investors, ground and lower ground floor retail spaces typically attract fashion, lifestyle, and daily convenience brands. First-floor and food court spaces attract F&B operators with 3–5 year lease tenures. Food court spaces represent a high-demand, limited-supply segment ideal for long-term rental income.

Rental estimates currently circulating in the market suggest ground floor units in comparable high-street retail projects on Golf Course Extension Road are achieving ?150–250/sq. ft./month from premium tenants — making yield performance post-stabilisation a genuine possibility for well-located units.

Within the Elan portfolio itself, Elan Paradise is the most mature residential-catchment play. Elan Miracle (Sector 84) is positioned more as a regional destination hub on Dwarka Expressway, while Elan Paradise is a deeply embedded community-first commercial project — which means lower dependence on external traffic and higher reliance on built-in captive demand.

For investors comparing SCO plots vs. built retail, Elan Paradise offers the advantage of a managed commercial complex with brand-anchoring, maintenance, and assured returns — versus the self-management complexity of an SCO.

Amenities

Retail & Commercial
Entertainment & F&B
Wellness & Lifestyle
Infrastructure

Project Highlights

Gurgaon's first concept-based high-street retail + multiplex format
Designed by UHA London | Constructed by Shapoorji Pallonji Group
Strategically positioned within 1,500 acres of residential catchment inside Nirvana Country
Surrounded by approximately 20,000+ residential families within walking distance
Double-height retail shops with large frontage on the main road
5-screen multiplex, fine dining, food court, terrace restaurants, spa, yoga studio, and fitness centre all integrated within the project