Conscient Elaira Residences Phase 2 & 2A — aerial site view

Conscient Elaira Residences Phase 2 & 2A

Sector 80, Gurugram (New Gurgaon Corridor)

3 BHK+34.2 Cr

Groundwork underway
Truth ScoreUpdated 14 Aug 2026

61/100

Fair

Ranks 82/107 tracked·High confidence

The short answer

Watchlist: Selective Buy with Demand Concerns

  • Well-connected and improving location
  • Mixed execution track record
  • Pricing has barely moved off the launch rate — the market has yet to re-rate it

Investor fit: value-seeking investors and first-time buyers who prioritise early-entry pricing, low-density / green, amenities & wellness — long-term value · rental yield.

Chapter I

What are you actually buying?

The facts of the asset — before we weigh trust.

01

Vitals

₹3–4.2 Cr

Ticket

₹15k+

Current / sq ft

3 BHK · + Utility · + Servant

Configs

2025 - 2785

Super sq ft

Launch price / sq ft₹14,500
Corridor avg / sq ft₹14,000
Total units272
Towers2
Land5.6 acre
FloorsG+32 to G+35
TypeHigh-rise
Density396 / acre
Open area91%Green
LaunchedDec 2025
RERA possession31 Dec 2032
02

Masterplan

The site layout as filed — tap to enlarge. Verify the RERA-approved siteplan before signing.

Indicative layout from project filings — verify the RERA-approved siteplan before signing.

03

The homes

The home as your agreement will measure it. Pick a configuration, then a size offered under it — the plan, the carpet, and what the gap to super area costs you.

Choose a size · 2 options

The layout, measured

Carpet area
1,125 sq ft
Super area
2,045 sq ft
Balcony / deck
270 sq ft
Loading
45%
Carpet efficiency
55%

◆ The efficiency readWatch

55% usableon the lower side — negotiate on carpet, not super.

Areas from RERA filings & project documents; the price shown is indicative for this configuration, before floor-rise and preferential-location charges. Schematics show indicative zoning only — confirm the exact unit's dimensioned plan and areas in the Agreement to Sell before signing.

Deep intelligence

Sun & Vastu 3D

The 3D layer that decides which home — graded by sun, Vastu, light, ventilation & value.

04

Brochure & payment plan

Developer documents on file — indicative until countersigned. GST, PLC, IFMS & registration additional as applicable.

Chapter II

Can we trust it?

Five pillars — developer, build, location, paperwork, edge.

05

Truth Score anatomy

Truth Score

61/100

Fair

Five weighted pillars, re-scored quarterly. No developer can pay to move it.

What the 61 is made of= health= weight
Developer 25%Construction 22%Location 26%Legal 15%Project 12%

The one-line read: 1 of 5 pillars land strong or better, with one to watch — Project USPs. That's the section we'd read before signing.

The part that decides it is locked

Don’t stake ₹3–4.2 Cr on a brochure.

Conscient Elaira Residences Phase 2 & 2A scored 61/100 — “Fair. The full read shows exactly what cost it the other 39 points — and whether that’s a dealbreaker for you.

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What you’re not seeing

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Chapter III

Can this report save you lakhs?

Every weak spot in this file is a number you can argue with. Here is what Conscient Elaira Residences Phase 2 & 2A's are worth.

06

Negotiate like a king

The weak spots in this report are your argument.

Across the projects we advise on, buyers typically settle 5–10% under the prevailing rate. On a ₹3.1 Cr entry ticket that is ₹16–31 lakh. 6 things in Conscient Elaira Residences Phase 2 & 2A’s own filings can be argued with. A buyer who arrives with a specific number is negotiating. One who asks for the best price is waiting to be told.

Every project hands the buyer different cards. These are Conscient Elaira Residences Phase 2 & 2A’s — read off its own construction, sales and registry data, not general advice about negotiating.

  1. 01

    Unsold stock is their problem, not yours

    73% of this project is sold, so roughly 27% of the inventory is still on their books — on 272 units that is a real number of empty flats. Carrying cost on unsold stock is what makes a sales head flexible.

  2. 02

    The delay is already priced — into your agreement

    RERA commits Dec 2032. Our construction-pace model puts handover at May 2033 — about 5 months later, read off 1.8% built against 3.7% due.

  3. 03

    Do not fund a slab that is not poured

    Construction is 1.8% complete against 3.7% due — 1.9 points behind. Time-linked instalments on a project running behind mean paying for progress that has not happened.

3 more levers on this project

Chapter IV

If not Conscient Elaira Residences Phase 2 & 2A, then what?

The same corridor, the same commute, or the same money somewhere else — weighed side by side.

07

Three ways to compare

Chapter V

What else do buyers ask?

The questions that decide the purchase — answered from the registry, the site and the corridor.

08

Straight answers

The questions that actually decide the purchase — answered from registry data, live construction and micro-market dynamics.

Is Conscient Elaira Residences Phase 2 & 2A likely to be delivered on time?+

Conscient has delivered 1 of 4 launched projects with a 75% on-time record and roughly 17.4 months' average slippage. The latest quarterly progress report puts construction at 1.8% against an expected 3.7% — our execution-adjusted estimate is May 2033 versus the RERA-committed Dec 2032.

Is Conscient financially sound?+

On our five-line read of Conscient's audited annual statements — leverage, interest cover, cash conversion, operating margin and inventory cover — the balance sheet is adequate. 2 of 5 lines score strong or better, and 1 is already strained; the weakest is leverage.

What is the investment outlook for New Gurgaon?+

Patient, end-user value with dependable rental demand near the industrial belt. Tracked 3-year appreciation is +10–15%. Infrastructure build-out will drive the next phase; best for long-term value.

What return could Conscient Elaira Residences Phase 2 & 2A realistically deliver?+

Built up from the Gurgaon market rate — India 9% + Gurgaon 0.5% — and adjusted for Conscient Elaira Residences Phase 2 & 2A's Truth Score, our 8-year model projects about 9.6% a year if it delivers on our forecast, and ~9.1% once the cost of its predicted delay is priced in. A modelled estimate — not a guarantee.

Is Conscient Elaira Residences Phase 2 & 2A fairly priced?+

Selective Buy with Demand Concerns The tracked New Gurgaon corridor trades at ₹14,000–₹17,125 / sq ft, and we assess this project's pricing & value as fair for the address.

Gaurav Jain — Founder, Truth Estate

The Independent Desk

Gaurav Jain

Founder, Truth Estate

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Independent assessment by Truth Estate. No developer can pay for a higher Truth Score or to appear here. The Truth Score, Match Score and any recommendation are our own evidence-based opinions as of 14 Aug 2026 — not a guarantee of performance, safety, appreciation or returns, and not investment, legal or financial advice. Ticket and price bands, ROI projections and delivery estimates are tracked or modelled figures that vary by tower, floor and stack. The decision, and its risks, are yours; we are not liable for the performance of any project. Verify specifics independently and see our full disclaimer.