{"id":164,"date":"2025-07-17T11:06:38","date_gmt":"2025-07-17T11:06:38","guid":{"rendered":"https:\/\/dreamworld.properties\/blog\/?p=164"},"modified":"2025-07-17T11:08:57","modified_gmt":"2025-07-17T11:08:57","slug":"elan-group-bags-%e2%82%b9250-crore","status":"publish","type":"post","link":"https:\/\/dreamworldproperties.in\/blog\/elan-group-bags-%e2%82%b9250-crore\/","title":{"rendered":"Elan Group Bags \u20b9250\u202fCrore from Piramal Finance for Gurgaon Commercial Project"},"content":{"rendered":"\n<p><strong>Gurgaon\u2011based Elan Group<\/strong> has secured a <strong>\u20b9250\u202fcrore<\/strong> financing deal from <strong>Piramal Finance<\/strong>, aimed at fast\u2011tracking the development of a new commercial project spanning over <strong>1 million\u202fsq\u202fft<\/strong> in the city\u202f.<\/p>\n\n\n\n<p>This financing builds on the group&#8217;s strong recent funding record:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u20b91,200\u202fcrore<\/strong> from <strong>Kotak Real Estate Fund<\/strong> last year<\/li>\n\n\n\n<li><strong>\u20b9900\u202fcrore<\/strong> (USD\u202f110\u202fmillion) from global firm <strong>PAG<\/strong> back in 2022<\/li>\n<\/ul>\n\n\n\n<p>Industry sources suggest <strong>CBRE<\/strong> acted as the financial advisor on this transaction. The fresh infusion will help accelerate timelines across Elan\u2019s expansive portfolio of <strong>15 projects<\/strong>, which includes residential, retail, commercial, and hospitality developments totalling around <strong>25\u202fmillion\u202fsq\u202fft<\/strong> across <strong>Gurgaon and Delhi<\/strong>.<\/p>\n\n\n\n<p>Moreover, Elan recently awarded construction contracts worth a combined <strong>\u20b92,000\u202fcrore<\/strong> to <strong>Leighton Asia<\/strong> for two flagship developments:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Elan Imperial<\/strong>, its premium commercial tower in <strong>Sector 82, Gurgaon<\/strong><\/li>\n\n\n\n<li><strong>Elan The Presidential<\/strong>, a luxury residential complex on the <strong>Dwarka Expressway<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The group\u2019s expansion into luxury housing began with the launch of <strong>Elan The Presidential<\/strong> in 2022\u202f.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What This Means for You (Elan Group):<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Boosted development momentum<\/strong>: With seasoned funders like Piramal, Kotak, and PAG backing its projects, Elan is well-positioned to deliver high-quality spaces faster.<\/li>\n\n\n\n<li><strong>Commercial real estate on the rise<\/strong>: The injection underscores continued investor confidence in Gurgaon\u2019s commercial property landscape.<\/li>\n\n\n\n<li><strong>Scale &amp; diversification<\/strong>: Elan\u2019s portfolio now stretches across multiple segments and geographies\u2014putting it among the region\u2019s most diversified developers.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>Source : &#8211; <a href=\"https:\/\/realty.economictimes.indiatimes.com\/news\/industry\/elan-group-secures-250-crore-funding-from-piramal-finance-for-gurgaon-project\/122482680?utm_source=top_news&amp;utm_medium=tagListing\" target=\"_blank\" rel=\"noopener\">Realty ET<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gurgaon\u2011based Elan Group has secured a \u20b9250\u202fcrore financing deal from Piramal Finance, aimed at fast\u2011tracking the development of a new commercial project spanning over 1 million\u202fsq\u202fft in the city\u202f. This [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":165,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"breadcrumbs_single_post":"","page_title_panel":"","breadcrumbs_single_page":"","single_page_alignment":"","single_page_margin":"","page_structure_type":"","content_style_source":"","content_style":"","blog_post_streched_ed":"","blog_page_streched_ed":"","has_transparent_header":"","disable_transparent_header":"","vertical_spacing_source":"","content_area_spacing":"","single_post_content_background":"","single_page_content_background":"","single_post_boxed_content_spacing":"","single_page_boxed_content_spacing":"","single_post_content_boxed_radius":"","single_page_content_boxed_radius":"","disable_featured_image":"","disable_post_tags":"","disable_author_box":"","disable_posts_navigation":"","disable_comments":"","disable_related_posts":"","disable_header":"","disable_footer":"","footnotes":""},"categories":[13],"tags":[],"class_list":["post-164","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","rishi-post"],"_links":{"self":[{"href":"https:\/\/dreamworldproperties.in\/blog\/wp-json\/wp\/v2\/posts\/164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dreamworldproperties.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dreamworldproperties.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dreamworldproperties.in\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/dreamworldproperties.in\/blog\/wp-json\/wp\/v2\/comments?post=164"}],"version-history":[{"count":2,"href":"https:\/\/dreamworldproperties.in\/blog\/wp-json\/wp\/v2\/posts\/164\/revisions"}],"predecessor-version":[{"id":169,"href":"https:\/\/dreamworldproperties.in\/blog\/wp-json\/wp\/v2\/posts\/164\/revisions\/169"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dreamworldproperties.in\/blog\/wp-json\/wp\/v2\/media\/165"}],"wp:attachment":[{"href":"https:\/\/dreamworldproperties.in\/blog\/wp-json\/wp\/v2\/media?parent=164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dreamworldproperties.in\/blog\/wp-json\/wp\/v2\/categories?post=164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dreamworldproperties.in\/blog\/wp-json\/wp\/v2\/tags?post=164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}