Pioneer Urban to Invest Rs. 35 bn in Gurugram Residences
Real Estate

Pioneer Urban to Invest Rs. 35 bn in Gurugram Residences

Pioneer Urban Land & Infrastructure has announced an investment of more than Rs. 35 bn to develop Alura, an ultra-luxury serviced residences project in Sector 62 along Golf Course Extension Road in Gurugram. The development is expected to generate sales realisation of over Rs. 90 bn.

Spread across 6.99 acres in Pioneer District, Alura will comprise approximately 250 residences in two towers. The homes will range from 7,000 sq ft to 15,000 sq ft and will be priced from Rs. 280 mn. Construction has begun, with delivery scheduled for Q2 2031. The investment will be funded through equity, debt and customer advances.

Designed by Skidmore, Owings & Merrill (SOM), the project will include signature residences, duplexes and penthouses. Its East Tower will rise approximately 200 metres, while residences will feature slab-to-slab heights of around 13.5 feet, private elevator lobbies, floor-to-ceiling glazing and wraparound balconies measuring up to 10 feet deep and more than 300 feet long in select homes. Buyers will be able to customise internal layouts subject to structural and building services constraints.

The development will include approximately 150,000 sq ft of residence club facilities serving the 250 homes. Planned amenities include restaurants, private dining areas, swimming pools, a gymnasium, spa, salon, sports facilities, children’s activity areas, celebration venues, a library and a business centre. Concierge assistance, housekeeping, laundry, valet parking and in-residence services will also be provided.

Alura has received WELL certification and IGBC Platinum pre-certification. Its design includes treated fresh air, potable water at every tap and structural certification to Seismic Zone V standards. More than 40 specialist consultants are involved, while diaphragm wall construction has been completed and excavation is under way. The project forms part of Pioneer District, which includes residential and commercial developments. Pioneer Urban said it has developed 700 acres in Gurugram over the past four decades.

Pioneer Urban Land & Infrastructure has announced an investment of more than Rs. 35 bn to develop Alura, an ultra-luxury serviced residences project in Sector 62 along Golf Course Extension Road in Gurugram. The development is expected to generate sales realisation of over Rs. 90 bn. Spread across 6.99 acres in Pioneer District, Alura will comprise approximately 250 residences in two towers. The homes will range from 7,000 sq ft to 15,000 sq ft and will be priced from Rs. 280 mn. Construction has begun, with delivery scheduled for Q2 2031. The investment will be funded through equity, debt and customer advances. Designed by Skidmore, Owings & Merrill (SOM), the project will include signature residences, duplexes and penthouses. Its East Tower will rise approximately 200 metres, while residences will feature slab-to-slab heights of around 13.5 feet, private elevator lobbies, floor-to-ceiling glazing and wraparound balconies measuring up to 10 feet deep and more than 300 feet long in select homes. Buyers will be able to customise internal layouts subject to structural and building services constraints. The development will include approximately 150,000 sq ft of residence club facilities serving the 250 homes. Planned amenities include restaurants, private dining areas, swimming pools, a gymnasium, spa, salon, sports facilities, children’s activity areas, celebration venues, a library and a business centre. Concierge assistance, housekeeping, laundry, valet parking and in-residence services will also be provided. Alura has received WELL certification and IGBC Platinum pre-certification. Its design includes treated fresh air, potable water at every tap and structural certification to Seismic Zone V standards. More than 40 specialist consultants are involved, while diaphragm wall construction has been completed and excavation is under way. The project forms part of Pioneer District, which includes residential and commercial developments. Pioneer Urban said it has developed 700 acres in Gurugram over the past four decades.

Related Stories

Gold Stories

Next Story
Equipment

BorgWarner secures three turbocharger contracts with global powertrain leader

BorgWarner has secured three new turbocharger contracts with a global powertrain technology company. The wins comprise one contract for its variable turbine geometry (VTG) turbocharger and two for its wastegate turbocharger. The technologies will be deployed in the customer's light-vehicle gasoline platforms in South America and Europe, with production scheduled to begin in 2027.The VTG turbochargers are designed for gasoline engines operating under demanding conditions and high-boost pressure requirements. They are engineered to support Miller-cycle engines and withstand exhaust temperatures ..

Next Story
Infrastructure Transport

International Digi Yatra Trials Begin at Seven Airports

India has begun trials of Digi Yatra for international passengers at seven airports, allowing eligible Indian passport holders to use facial recognition at selected airport checkpoints. The facility is currently limited to Indian nationals with e-passports travelling on selected international flights operated by Air India and IndiGo. The Civil Aviation Ministry announced the trials on 1 November, with testing scheduled through December 2026. A wider rollout is expected in 2027 after the ministry assesses passenger feedback gathered during the trial period, according to PTI. The system is inten..

Next Story
Infrastructure Transport

Air India Plans More Wide-Body Jets, CEO Signals Profitability Soon

Air India is seeking to expand its order for wide-body aircraft as it works to increase international passenger traffic, chief executive Tewolde Gebremariam said on Tuesday. The Tata Group-owned carrier is also targeting a return to profitability in the near term, as its turnaround programme addresses fleet, network and service challenges. The comments came months after Gebremariam took charge of the airline. Gebremariam, who previously led Ethiopian Airlines, said the airline wanted more wide-body aircraft. Air India has held discussions with Boeing and Airbus while assessing the economics of..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code