TRUTHESTATE
Best Developers in Gurugram/ELDECO

Developer Profile

ELDECO

A five-decade township builder, value-focused across the NCR.

Established 1975Private

Truth Verdict

An early-stage record — projects on schedule so far, none delivered yet. The balance sheet reads strong.

01

About the developer

ELDECO is an active Gurugram developer; we hold in-depth reports on 2 of its projects. The read below is our own — delivery and delay history from public RERA filings, financial health from published financials, not the developer's marketing.

02

Track record

Projects we track

Flagship projects

  • Eldeco Fairway Reserve
03

Performance

2

Projects launched

0

Delivered

2

Ongoing

On schedule · locked

Avg delay · locked

Across every Gurugram project we track for this developer — delivered, ongoing and lapsed. Not scoped to one micro-market.

Free · no card

How reliably does ELDECO deliver?

Unlock the on-schedule share and the average slippage across this developer's filed projects — with a number.

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04

Financial health

85/100 · EXCEPTIONALCR: CRISIL A-/StableGroup: Eldeco Group (Eldeco Housing and Industries Ltd)

Leverage · locked

Interest Coverage · locked

Cash Conversion · locked

Operating Margin · locked

Inventory Cover · locked

Forensic Analyst Audit Note

A directional read on ELDECO's financial health. The full audited financials and the per-project forensics are inside each report — unlock one for the complete numbers.

Verified Source: Eldeco Housing and Industries Ltd audited results (BSE Scrip: 523329 / NSE Symbol: ELDEHSG)
📄 View Official Audited Statement (PDF) →
05

News & updates

Live6 verified updates

News & Updates

Every verified ground event on ELDECO — filings, construction, JVs, corridor infrastructure and pricing — read for what it means to a buyer.

19 Oct 2026Regulatory

HERC grants 25-year parallel power distribution licence for Gurugram, Nuh to Eleven Power

  • The Haryana Electricity Regulatory Commission (HERC) has granted Eleven Power Private Limited a parallel distribution licence for Gurugram and Nuh revenue districts for 25 years under Section 14 of the Electricity Act, 2003.
Forensic impact read

HERC granted a 25-year parallel power-distribution licence for Gurugram and Nuh to a private company, alongside the existing state discom. Over time this can give residents a second electricity supplier; tariffs, the coverage area and rollout timing are what to watch. Update (23 Oct): after a strike by power employees, the state government assured them there would be no privatisation (ThePrint), so whether this licence is actually rolled out is now uncertain. Talks resume on 3 Nov.

The TribuneVerify filing ↗
1 Oct 2026Regulatory

CAQM Winter GRAP Stage III/IV Guidelines Enforced: Complete Ban on C&D Activities, Earthwork & RCC Casting Across NCR

  • Commission for Air Quality Management (CAQM) invokes strict Winter Graded Response Action Plan (GRAP Stage III/IV) measures across Delhi-NCR following severe air quality deterioration (AQI >400).
  • Mandates complete cessation of construction and demolition (C&D) activities, including earthwork, excavation, piling, concrete mixing/casting, and transit of loose building materials across Gurugram.
  • Non-earthwork site operations subject to strict anti-smog gun deployment and water-sprinkling mandates.
Forensic impact read

Immediate site halt freezes ongoing structural casting and superstructure progress; introduces potential 30–60 day milestone slippage risks; elevates idle machinery carrying and labor retention costs for developers across active under-construction developments.

Ref CAQM/DIR/GRAP-2026-10Verify filing ↗
22 Sept 2026Regulatory

Gurugram tightens construction and demolition waste rules; no Occupancy Certificate without disposal proof

  • The Municipal Corporation of Gurugram (MCG) has tightened rules for construction and demolition (C&D) waste management, making proof of proper waste disposal a mandatory requirement for obtaining Occupancy Certificates (OCs) and Completion Certificates (CCs).
Forensic impact read

MCG will not issue an Occupancy Certificate without proof of construction-and-demolition waste disposal — a new compliance gate that can delay OC/possession timelines across Gurugram projects.

The TribuneVerify filing ↗
11 Sept 2026Regulatory

Gurugram waterlogging: HHRC orders city-wide drainage audit, summons GMDA report by December 15

  • The Haryana Human Rights Commission (HHRC) has taken suo motu cognizance of recurring Gurugram waterlogging, calling it a problem that "goes beyond a temporary disruption caused by heavy rainfall" and ordering a comprehensive city-wide civic infrastructure audit.
The TribuneVerify filing ↗
4 Oct 2025Corporate / JV📌 Landmark

Eldeco Infrastructure Files Draft Papers with SEBI for ₹1,000 Crore IPO to Fund NCR Pipeline

  • Eldeco Infrastructure filed draft red herring prospectus with SEBI for ₹1,000 crore initial public offering.
  • Proceeds earmarked for debt reduction, working capital, and accelerating development across key NCR luxury projects.
  • Bolsters institutional balance sheet backing for Sector 80 residential projects.
Forensic impact read

Public market equity capitalization strengthens balance sheet governance and execution speed.

Ref LM/IPO/11759483175930Verify filing ↗
11 Mar 2024Corridor Infra

CPR Cloverleaf Interchange & Dwarka Expressway Link Operational for Sector 80 New Gurgaon Corridor

  • Prime Minister opens Haryana section of Dwarka Expressway and CPR interchange linking to NH-48.
  • Direct signal-free connectivity established for Sector 80 residents to IGI Airport and Cyber City.
Forensic impact read

Macro infrastructure milestone significantly enhances transit accessibility and secondary property values.

Ref TH/NAT/67938445Verify filing ↗
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06

Frequently asked

How many projects has ELDECO delivered in Gurugram?

We track 2 ELDECO projects in Gurugram: 0 delivered, 2 still under construction. Each is scored on delivery, legal standing and pricing in its own report.

Is ELDECO a reliable developer to buy from?

But reliability is project-specific: our developer read covers delivery, financial strength and legal signals, and every project ELDECO is building gets its own forensic report and Truth Score. Check the specific project before you book.

See all ELDECO projects

Every project we track from this developer — Truth Score, entry price and delivery risk, side by side.

View projects →All Developers Ranked

Independent assessment by Truth Estate. No developer can pay for a higher score or a better placement. Performance figures are our own tracked estimates. For the full audited financials and project-level forensics, open the reports.