Landmark Group Plans ₹15,000-Crore NCR Expansion, Eyes Branded Residences

Landmark Group has announced a major ₹15,000-crore expansion strategy across the National Capital Region (NCR), with two large-scale developments planned in Gurugram. The expansion includes a premium commercial office project on Golf Course Extension Road and an integrated luxury development on Dwarka Expressway, where the company is preparing to enter the branded residences and hospitality-led real estate segment.

The proposed developments have a combined estimated sales potential of ₹15,000 crore, comprising approximately ₹4,000 crore from Landmark One and ₹11,000 crore from the Dwarka Expressway project. The announcement signals the Gurugram-based developer's ambition to expand beyond conventional residential development into commercial real estate, hospitality, retail and premium housing.

Landmark Group's ₹15,000-Crore NCR Expansion: Key Details

The expansion strategy is built around two major developments in Gurugram. While Landmark One is already under construction, the Dwarka Expressway project is at the planning and conceptualisation stage.

The ₹15,000-crore figure represents the combined estimated sales potential of the two projects, rather than the developer's confirmed construction expenditure.

₹11,000-Crore Luxury Development on Dwarka Expressway

The proposed Dwarka Expressway development is expected to be the centrepiece of Landmark Group's luxury real estate expansion. The company has acquired a land parcel of more than 22 acres directly along the expressway for the integrated project.

The development is planned to combine residential, hospitality and commercial components, creating a mixed-use destination rather than a conventional standalone housing project.

The proposed components include:

• Five-star hotel.

• Branded serviced apartments.

• Premium retail spaces.

• Corporate office facilities.

• Residential development.

• Hospitality-led services and amenities.

According to media reports, the land acquisition is valued at approximately ₹660 crore, while the site has an estimated development potential of around 50–55 lakh sq. ft.

The project is currently in the conceptualisation stage. Its final configuration, development phases and construction schedule will depend on planning, approvals and market conditions.

Landmark Group's Entry into Branded Residences

One of the most notable aspects of the proposed development is Landmark Group's planned entry into branded residences.

Branded residences combine premium residential ownership with hospitality-oriented services, professionally managed facilities and curated lifestyle experiences. Depending on the operating arrangement, residents may receive services such as concierge assistance, housekeeping, property management and access to hotel facilities.

The proposed Dwarka Expressway project is expected to connect residential offerings with a five-star hospitality component. Industry reports have also indicated plans for boutique residences in the initial phase, followed by branded residences in a subsequent phase.

This strategy could help Landmark Group target buyers seeking premium homes with hotel-style services, including high-net-worth individuals, business owners and investors looking for managed residential assets.

However, the hospitality partner, residential brand association, final unit configurations and pricing have not yet been officially confirmed.

Landmark One: ₹4,000-Crore Commercial Project on Golf Course Extension Road

Alongside its proposed luxury development, Landmark Group is advancing Landmark One, a Grade A+ commercial office project on Golf Course Extension Road in Gurugram.

The project is planned across approximately 2.1 million sq. ft. of office space and has an estimated sales potential of ₹4,000 crore.

Designed for large Indian and multinational companies, Landmark One will offer flexible office floor plates ranging from approximately 55,000 to 100,000 sq. ft. The development is intended to accommodate corporate headquarters, large businesses and organisations looking for modern office infrastructure.

Planned facilities include:

• Food and beverage outlets.

• Retail spaces.

• Executive business centres.

• Exclusive executive club.

• Modern building management systems.

• Contemporary corporate infrastructure.

The estimated construction investment is approximately ₹1,000 crore, apart from the underlying land value, reported at around ₹550 crore.

Landmark Group has also raised ₹330 crore from the State Bank of India (SBI) towards construction of the first phase. Construction is underway, with completion expected by May 2033 according to the project's RERA timeline.

Why Dwarka Expressway Is Important for Gurugram's Luxury Property Market

Dwarka Expressway has emerged as an important real estate corridor connecting Gurugram with Delhi and the wider NCR region. Its growing residential inventory, commercial developments and connectivity infrastructure have increased developer interest in the area.

Several factors are shaping the corridor's real estate potential:

Connectivity to Delhi: Dwarka Expressway provides an important road link between Gurugram and Delhi, improving access to major residential and business destinations.

Proximity to IGI Airport: The corridor's connectivity to Indira Gandhi International Airport is an important consideration for frequent travellers, corporate professionals and business owners.

Growing residential ecosystem: Multiple premium residential developments, retail destinations and supporting facilities are expanding the area's urban infrastructure.

Commercial and hospitality potential: As the surrounding residential population and business activity grow, demand for offices, retail, hotels and serviced accommodation may also increase.

For Landmark Group, the proposed integrated development represents an opportunity to participate in several real estate segments within one strategic location.

Leadership Expansion: Pankaj Pal Appointed Managing Director

As part of its growth strategy, Landmark Group has appointed real estate industry veteran Pankaj Pal as its Managing Director.

Pal brings more than 35 years of experience across residential, commercial, retail, township and mixed-use developments. His appointment comes as the company prepares to expand its project pipeline and strengthen its execution capabilities.

The group aims to build a professionally managed organisation focused on project delivery, financial discipline, quality and long-term development.

What the Expansion Means for NCR Real Estate

Landmark Group's ₹15,000-crore expansion plan reflects the increasing importance of mixed-use and hospitality-led developments in Gurugram's evolving property market.

The proposed Dwarka Expressway project could add a combination of luxury residences, serviced apartments, hotel infrastructure, retail and corporate offices to the corridor. Meanwhile, Landmark One will strengthen the commercial office supply on Golf Course Extension Road.

For property buyers and investors, the developments highlight the growing diversification of Gurugram's real estate market. However, the investment potential of the proposed Dwarka Expressway project will depend on its final design, approvals, brand partnerships, construction timelines and market demand.

Conclusion

Landmark Group's planned ₹15,000-crore NCR expansion marks an important step in its strategy to strengthen its presence across commercial, residential and hospitality real estate. With Landmark One targeting ₹4,000 crore in sales potential and the proposed Dwarka Expressway development targeting ₹11,000 crore, the company is preparing to expand across two major Gurugram corridors.

Its planned entry into branded residences could introduce another hospitality-led luxury housing offering to Dwarka Expressway. As the projects move through their respective development stages, their execution and final configurations will determine their contribution to Gurugram's changing real estate landscape.

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