en.Wedoany.com Reported - Dalcore, in collaboration with international design brand YOO Inspired by Starck, has launched the super-luxury residential project 'The Falcon' on Golf Course Road in Gurugram, with an investment of INR 50 billion and an expected total revenue of INR 145 billion. The project is located in Sector 53, spanning 2 acres with a development area of approximately 500,000 square feet. It comprises 96 units, including 93 apartments and 3 penthouses.
The apartments are offered in three-bedroom and four-bedroom configurations, with 61 and 31 units respectively. Their areas range from 3,400 to 4,211 square feet, starting at INR 10 million. The 39-storey tower, standing at 165 meters, will be the tallest residential building on Golf Course Road. It will feature high-speed elevators and offer panoramic city views. The target buyers include large investors, C-suite executives, businesspeople from South Delhi, and select end-users.
Sidharth Chowdhry, Managing Director of Dalcore, stated that the project, based on the design philosophy of YOO Inspired by Starck and the architectural expertise of UHA, aims to create a residential landmark that transcends traditional luxury. It offers a living experience centered on design, innovation, and long-term value. Dalcore is part of the Shreeram Group from Gujarat, primarily engaged in the manufacturing and export of industrial and edible salt. This is the company's first real estate project.
YOO was founded in London in 1999 by John Hitchcox and Philippe Starck. It has delivered over 85 projects across 36 countries. In India, YOO has collaborated on branded residential projects in Pune, Mumbai, Hyderabad, and Bangalore, with plans to expand to Pune, Kolkata, and Bhubaneswar. James Snelgar, Partner at YOO, mentioned that at least six projects are in the pipeline in India, which could potentially become the brand's largest market. Demand is also growing in tier-2 cities.
Cushman & Wakefield is the project's strategic marketing partner. Shalin Raina, Managing Director of Residential Services at Cushman & Wakefield, noted that branded residences are increasingly popular in India's high-end market. They have evolved from a niche category to a defining feature of urban luxury, particularly evident in Delhi-NCR, Mumbai, Bangalore, and Pune.
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