Shreeram Group Enters Luxury Realty with Rs. 500 Cr Project

Shreeram Group, a Gujarat-based industrial and edible salt manufacturer, has entered the real estate sector with a Rs. 500 crore investment in Dalcore’s luxury residential development, The Falcon, located on Gurugram’s premium Golf Course Road (Sector 53).

This marks a strategic diversification for the company as it ventures into high-value real estate.

The Falcon is positioned as an ultra-luxury project, featuring 96 high-end residences with prices starting at Rs. 10 crore.

Key Highlights

• Shreeram Group invests Rs. 500 crore in Dalcore’s luxury project
• YOO brings its first North India design collaboration to Gurugram
• 96 premium apartments launched on Golf Course Road for HNIs

The project is curated in collaboration with YOO, the world-renowned design firm co-founded by Philippe Starck and John Hitchcox. This partnership marks YOO’s first residential project in North India, adding a global design pedigree that enhances the project’s exclusivity. YOO already has a presence in major Indian cities such as Pune, Hyderabad, and Mumbai.

Spread across two acres, the development will offer three- and four-BHK apartments crafted for affluent buyers seeking privacy, aesthetics, and premium amenities. Dalcore’s MD Sidharth Chowdhry highlighted the project’s advantageous location on Golf Course Road — one of NCR’s most sought-after luxury corridors — known for its connectivity, social infrastructure, and proximity to business hubs.

The investment signals growing confidence in Gurgaon’s luxury housing market, driven by high-net-worth individuals and NRIs seeking branded homes with international design standards.

Also Read: Elan Group Raises Rs. 250 Cr from Piramal for Gurgaon Project

With strong market fundamentals and expanding global collaborations, The Falcon is expected to position Shreeram Group as a serious entrant in India’s luxury real estate segment.