Elan Group
Est. 2015 · Gurgaon, Haryana · Privately held · Delhi NCR
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Elan Group?
Retail-led developer (Epic, Miracle) that pivoted into ultra-luxury residential with The Presidential and The Emperor.
4
Completed projects
2.5M
Sq ft delivered
7
Ongoing projects
—
Upcoming projects (not disclosed)
Our ratings
Builder Score Card
We have published one overall judgement for Elan Group rather than five separate assessments. The dimensions below are derived from it, and are shown for comparison only.
On-time delivery: Not publicly documented — ask for the delivery history of the developer's last three projects.
At a glance
Elan Group in Numbers
Elan Group is a privately held developer founded in 2015, headquartered in Gurgaon, Haryana, active mainly in Delhi NCR. We rate it 3.4/5 overall — mixed — which ranks 123rd of the 212 developers we profile and ahead of 33% of them.
Benchmarking
How Elan Group Compares
Each rating against all 212 developers we profile and the 62 in Delhi NCR.
| Rating | Elan Group | Delhi NCR average | Better than |
|---|---|---|---|
| Construction quality | 3.3/5 | 3.2/5 | 32% of developers |
| Delivery record | 3.2/5 | 2.9/5 | 33% of developers |
| Customer satisfaction | 3.2/5 | 2.9/5 | 33% of developers |
| Financial strength | 3.1/5 | 2.9/5 | 33% of developers |
| Trust | 3.4/5 | 3.1/5 | 33% of developers |
Where a builder has not been separately assessed on a dimension, the figure shown is derived from its overall rating. It is a like-for-like comparison, not five independent judgements.
Buyer guidance
Should You Buy a Elan Group Project?
Elan Group carries more risk than most developers we rate. If you are considering one of its projects, favour completed or nearly completed towers, check its debt and cash flow, or credit ratings and company filings if it is privately held, confirm the project's escrow account and RERA progress, and avoid large upfront payments.
Check before you book
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Credit ratings and company filings, because Elan Group is privately held and does not publish audited results.
- That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
- Financial strength: check its debt and cash flow, or credit ratings and company filings if it is privately held.
The bottom line
Our Verdict
Strong commercial record; residential luxury at this scale is unproven — insist on construction-linked plans.
Portfolio
Notable Projects
Key Elan Group projects as the builder publishes them. None has a PropertyNivesh research page yet.
Questions
Elan Group: FAQs
Is Elan Group a good builder? ＋
We rate Elan Group 3.4/5 overall — mixed. Strong commercial record; residential luxury at this scale is unproven — insist on construction-linked plans.
Is Elan Group a listed company? ＋
No. Elan Group is privately held, so detailed financials are not published; check credit ratings and company filings where available.
Does Elan Group deliver on time? ＋
Elan Group has not published an on-time delivery figure we could verify — ask for the delivery history of its last three projects.
How many projects has Elan Group completed? ＋
Elan Group reports 4 completed projects and about 2.5 million sq ft delivered.