When evaluating a luxury home in the ₹12+ Crore category, getting vague marketing estimates simply doesn’t cut it. Serious investors and home buyers need precise figures, floor-wise breakdowns, and clear payment plan options before making a commitment.
If you are researching the Elie Saab Residences Gurgaon Price List, this comprehensive guide breaks down the numbers so you can plan with confidence.
Located in Sector 111 on Dwarka Expressway, this high-fashion branded project by M3M and Elie Saab represents the pinnacle of luxury living in NCR. Let’s examine what it costs to own one of these elite residences.
Detailed Price Matrix by Unit Configuration
The starting prices for these haute-couture residences reflect their high-end branding, low-density layout, and prime location.
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| ELIE SAAB RESIDENCES GURGAON PRICE LIST MATRIX |
+—————+——————-+——————–+—————————+
| Configuration | Super Built-Up | Approx Base Price | Indicative Price Range |
+—————+——————-+——————–+—————————+
| 4 BHK | 4,205 sq. ft. | ₹33,000 / sq. ft. | ₹13.88 Cr* – ₹15.00 Cr* |
| 4 BHK | 4,520 sq. ft. | ₹33,000 / sq. ft. | ₹14.92 Cr* – ₹15.20 Cr* |
| 4.5 BHK | 4,655 sq. ft. | ₹33,000 / sq. ft. | ₹15.36 Cr* Onwards |
+—————+——————-+——————–+—————————+
*Prices are indicative base rates. Floor rise charges (PLC), facing premiums, and taxes apply.
Prices generally average around ₹33,000 per sq. ft., placing the project directly alongside the most exclusive addresses on Golf Course Road and Dwarka Expressway.
Beyond the Base Price: Calculating the All-In Acquisition Cost
Here’s where most buyers trip up. The basic sale price (BSP) is never your final check value. You must account for statutory government duties and project-specific charges.
[ Base Unit Price (e.g., ₹13.88 Cr) ]
│
├──► Stamp Duty (5% to 7% Haryana State Rate)
├──► GST (5% for Under-Construction Luxury)
├──► Registration & Legal Fees (~₹50,000)
└──► IFMS + PLC + Club Membership Charges
│
[ Total Estimated Acquisition Cost: ~₹15.20 Cr – ₹15.50 Cr ]
When reviewing the Elie Saab Residences Gurgaon Price List, plan for an extra 10% to 12% above BSP to cover mandatory acquisition costs:
- Stamp Duty (Haryana Rates): 7% for male buyers, 5% for female buyers, and 6% for joint registration.
- Goods and Services Tax (GST): 5% applicable on under-construction property transactions.
- Preferential Location Charges (PLC): Applies to park-facing, pool-facing, or top-tier penthouse levels.
- Interest-Free Maintenance Security (IFMS): Collected prior to final handing over of possession.
Flexible Construction-Linked Payment Plans (CLP)
To ease capital flow, the developer offers structured payment schedules tied directly to construction milestones.
- Booking Amount: 10% on application.
- Milestone Installments: Payments distributed across foundation, structure completion, facade fitting, and interior fit-out phases.
- Possession Balance: Final 10% paid upon handover of keys along with occupancy certificate (OC) issuance.
Value Proposition: Is the Premium Justified?
Branded real estate consistently outperforms standard luxury towers in capital retention and rental yield. Given Sector 111’s direct proximity to IGI Airport (7 minutes away) and the Smart City Delhi Airport ecosystem, these homes serve as exceptional long-term wealth preservation assets.
Frequently Asked Questions
What is the basic price per square foot at Elie Saab Residences?
The base rate averages approximately ₹33,000 per sq. ft. depending on unit size and floor selection.
What is the starting price for a 4 BHK apartment?
A 4 BHK unit measuring 4,205 sq. ft. starts at roughly ₹13.88 Crore* base price.
What additional charges apply on top of the base price?
Additional expenses include Haryana stamp duty (5-7%), GST (5%), PLC charges, IFMS, and registration fees.
What payment plans are available for buyers?
The developer offers milestone-based Construction-Linked Plans (CLP) as well as customized possession-linked payment structures.
Why is this project priced at a premium compared to neighboring projects?
The price premium is driven by its international Elie Saab couture branding, 12-foot ceilings, private lift lobbies, and low-density land plan in Sector 111.
