Godrej Properties acquires an 11 acre land parcel on Golf Course Extension Road in Gurugram. The development is expected to offer an estimated revenue potential of over INR 4,500 crore* Godrej Properties Limited (GPL), one of India’s leading real estate developers, announced on March 04, 2026, that it has acquired approximately 11.36 acres of land in Sector 63A, Golf Course Extension Road, Gurugram, Haryana, through an outright purchase. The company plans to develop a premium residential project on this site, featuring a mix of low-rise and high-rise residences along with modern lifestyle amenities. The development is expected to generate an estimated revenue potential of over INR 4,500 crore. The plot is strategically located in Sector 63A, one of the prime sectors of Gurugram. It forms part of the Golf Course Extension Road micro-market, a major growth corridor with strong connectivity to Golf Course Road, Sohna Road, Dwarka Expressway and NH-48. The micro-market has matured into a high-demand destination for residential, commercial, and retail developments. Gaurav Pandey, Managing Director & CEO, Godrej Properties, said, "With this new project, we have now added over INR 40,000 crore of future sales potential through portfolio additions in FY26. This represents delivery of 2X our business development guidance for the full financial year and makes it our best ever year for business development in terms of future booking value locked in. We believe this positions Godrej Properties well to deliver sustained strong growth in the years ahead." Golf Course Extension Road has established itself as one of the most desirable micro-markets in NCR, offering a mix of both high-end commercial spaces and premium residential properties. This new acquisition will further enhance our development portfolio in NCR, with good diversification across micro-markets, enabling us to cater to the region’s robust demand. Our focus remains on building exceptional residential communities that generate lasting value for residents.
Bengaluru-based real estate developer Sobha Limited has entered into a joint development agreement with a Gurgaon-based to develop a residential housing project in sector 63A , Golf Course Extension Road on a 12-acre land, people aware of the development said. Renowned for redefining luxury living in Gurgaon, Sobha Limited has already executing two projects, one is Sobha Aranya in Sector 80 and Sobha Altus in Sector 106, Dwarka Expressway. Building on this success, the company now introduces its third masterpiece in Sector 63A Gurgaon. According to the documents accessed through CRE Matrix, a real estate data analytics firm, the deal got registered on July 12 and Sobha has paid Rs 4.3 crore stamp duty for the transaction. Also Read: Godrej Properties acquires an 11 acre land parcel in Sector 63A, Golf Course Extension Road, Gurugram The Gurgaon residential market continues to attract significant interest from developers due to strong end-user demand dynamics. Golf Course extension is emerging as the epicenter of luxury living with a host of high-end residential condominiums, office parks, schools and retail malls. Coming to this project, it is spread across 12 acres. The Sobha Sector 63A is thoughtfully planned in four phases, comprising a total of five towers. The first phase spans 4.960 acres and features two towers, while the second phase covers 1.275 acres with one tower. The third phase stretches over 1.905 acres, and the fourth phase occupies 2.657 acres, each featuring a single tower. Residents here enjoy stunning Aravalli Hills views, combined with spacious layouts and landscaped surroundings, creating a serene and luxurious living environment. FAQs Q1. Where is the project located? A: This project is located in Sector 63A, Golf Course Extension Road, Gurgaon, offering excellent connectivity and a premium residential environment. Q2. How large is the land parcel in this project? A: The project is spread across a 12-acre land parcel, designed to provide spacious residences, landscaped areas, and modern amenities. Q3. Who is the Sobha limited? A: Sobha Limited is a Bengaluru-based real estate developer known for premium residential and commercial projects across India. Founded in 1995, the company is recognized for high construction quality, in-house development capabilities, and timely project delivery. Q4. Is this project RERA registered? A: This project is currently in the pre‑launch phase, and the RERA registration is in process. Buyers can check the official Haryana RERA website for updates to ensure transparency and compliance. Q5. What is the starting price of apartments in this project? The starting price of apartments in this project is ₹6.55 Cr onwards, with an approximate rate of ₹28,500 per sq. ft. The final cost may vary based on the apartment size, floor, and specific location within the project. Q6. What are the new launch and ready-to-move projects by Sobha Limited in Gurgaon? Sobha Limited’s new launch projects in Gurgaon include Sobha Strada, Sobha Altus, and Sobha Aranya, while its ready-to-move developments are International City – Limited Edition, Sobha City, and International City. Q7. How is Sector 63A, Gurgaon for buying a home? Sector 63A, Gurgaon is a strong choice for homebuyers due to its prime location, smooth connectivity, and fast-paced development. It offers excellent connectivity via major roads and upcoming metro links, along with easy access to commercial hubs, reputed schools, healthcare facilities, and daily conveniences. The sector hosts reputed developers like M3M India, TARC Limited, and DLF India, adding credibility and long-term value, making it ideal for both end-users and investors.
Sector 111, located on the Dwarka Expressway, Gurgaon, is part of Smart City Delhi Airport (SCDA) ,a visionary 250-acre township by M3M, just 0 km from Delhi. This strategic location allows residents to experience the best of both worlds, the modern skyline of Gurgaon and the iconic cityscape of Delhi within minutes. Designed as a future-ready urban destination, Sector 111 offers seamless connectivity, world-class infrastructure, and a refined lifestyle reserved for the elite, making it one of the most sought-after luxury real estate addresses on Dwarka Expressway. What Is SCDA – Smart City Delhi Airport? Smart City Delhi Airport (SCDA) is a people-centric, future-ready township designed to redefine urban living. This visionary development integrates: Ultra-luxury residences Grade-A office spaces High-street retail boulevards Premium hospitality zones SCDA is crafted to foster growth, convenience, and a harmonious lifestyle, setting new benchmarks for modern mixed-use communities in Delhi NCR. Why Sector 111 Is Called the “Billionaires’ Block” Sector 111 has earned the title “Billionaires’ Block” because M3M India has strategically planned to collaborate with globally renowned luxury brands to introduce branded residences along the Dwarka Expressway. These residences offer hotel-like services, world-class interiors, and signature lifestyle experiences — making them a preferred choice for ultra-high-net-worth buyers seeking exclusivity and prestige. The First Branded Residence in Sector 111: M3M Residences by Elie Saab Marking a historic milestone for the Billionaires’ Block, M3M introduced the first branded residential project in Sector 111 — M3M Residences by Elie Saab. In collaboration with the globally celebrated luxury fashion and lifestyle brand Elie Saab, this iconic development brings couture-inspired design, hotel-like services, and refined elegance to Dwarka Expressway. The project redefines ultra-luxury living and positions Sector 111 as the ultimate address for India’s elite homebuyers. Also Read: The M3M collaboration with Elie Saab further strengthens its portfolio of global luxury partnerships, delivering internationally inspired architecture and lifestyle experiences to India’s premium real estate market. M3M’s Proven Track Record with Global Brands M3M has already delivered a luxury residential project in Gurugram under the Trump brand. In October last year, the company further expanded its branded portfolio by partnering with Jacob & Co., the globally celebrated luxury jewellery and watch brand, for a premium project in Noida. These collaborations reinforce M3M’s commitment to bringing international luxury standards to Indian real estate. Who Invests in Branded Residences? Buyers of branded residences typically include: Celebrities and sports personalities Business owners from Tier-II cities Parents purchasing homes for children in metro cities CEOs, CXOs, and top executives of multinational corporations As noted by Bansal, branded residences are not just homes — they are status assets representing lifestyle, exclusivity, and long-term value.
M3M India in collaboration with the world-renowned luxury fashion and lifestyle brand Elie Saab to develop around 950 ultra-luxury residences in Noida and Gurgaon with an investment of ₹3,500 crore M3M India, a leading Delhi NCR–based real estate developer, along with group company Smartworld Developers, has partnered with the world-renowned luxury fashion and lifestyle brand Elie Saab to develop two ultra-luxury branded residential projects in Gurgaon and Noida, with a total investment of ₹3,500 crore. The developments will comprise over 950 apartments, with M3M India constructing around 300 units in Gurugram and Smartworld Developers developing approximately 650 units in Noida. The two projects are located as follows: the first project is in Sector 111 at Smart City Delhi Airport (SCDA), Dwarka Expressway, Gurugram, while the other is in Sector 98, Noida, along with Noida–Greater Noida Expressway. How much do the Elie Saab branded residences in Gurugram and Noida cost? The Gurugram project will be developed with a total investment of approximately ₹2,000 crore, including land cost, for around 300 ultra-luxury residences. The development is expected to generate a topline revenue of nearly ₹4,700 crore. The residences will feature expansive layouts ranging from 4,200 to 4,600 sq ft and will be priced at around ₹37,000 per sq ft, with a starting price of approximately ₹14.99 crore. In Noida, the branded residences project will be located in Sector 98 on a six-acre parcel, with a total investment of about ₹1,500 crore and a developable area of nearly 1.2 million sq ft. The project will comprise approximately 650 units, including 200 large luxury residences and 450 service apartments. Homes in the Noida project will be priced at around ₹33,000 per sq ft. Luxury apartments will be priced between ₹8.99 crore and ₹12.49 crore, while service apartments will start at approximately ₹2.99 crore. The three- and four-bedroom residences will range from 2,850 sq ft to 3,810 sq ft, while service suites will measure between 700 sq ft and 800 sq ft. Also Read: Elan Group to invest ₹1,600 crore for ultra luxury residential project in gurgaon Elie Saab Group Expands Global Footprint in Branded Residences Elie Saab Group Vice Chairman and CEO, Elie Saab Jr., said the Group entered the branded residences market in 2019 with its first landmark project in Dubai, marking a strategic expansion beyond haute couture into luxury real estate. Since then, the brand has successfully completed over 25 premium real estate projects across 14 countries, including Vietnam, London, Casablanca, and São Paulo, among others. He added that each development reflects the brand’s signature design language, craftsmanship, and commitment to timeless elegance, bringing the Elie Saab lifestyle into residential living. The Group continues to strengthen its global presence through partnerships with leading developers, focusing on ultra-luxury, design-led homes that appeal to high-net-worth buyers and international investors. With growing demand for branded residences worldwide, Elie Saab Group aims to further expand its portfolio in key global markets while maintaining its core values of exclusivity, sophistication, and design excellence. The company has secured RERA registration for both projects and plans to deliver them within a five-year timeline.
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