Shapoorji Pallonji Launches ‘The Dualis’ in Gurugram; Premium Residential Project Eyes INR 1,400 Cr Revenue
Addressofchoice 14 May 2025
Shapoorji Pallonji Real Estate (SPRE), in collaboration with Kreeva (a Kanodia Group venture) and ASK Property Fund, has officially launched ‘The Dualis’, a premium residential development in Sector-46, Gurugram. This high-end project aims to set new benchmarks in luxury living within the NCR region, addressing the rising demand for upscale homes among urban elites and investors.
Exclusive High-Rise Living with Luxury Amenities
Spread across 1.75 acres, The Dualis comprises two high-rise towers reaching approximately 150 meters in height, symbolizing modern architectural finesse. The project features 198 luxury apartments, ranging from 2,850 to 3,600 sq. ft., designed with spacious layouts, high-end finishes, and smart-home features. The project is estimated to generate a revenue potential of INR 1,400 crore over the next five years.
A Strong Collaborative Vision
Speaking about the launch, Sriram Mahadevan, CEO of SPRE and MD of Joyville Shapoorji Housing, emphasized the synergy between institutional capital, market expertise, and Shapoorji Pallonji’s legacy of construction excellence. The Dualis represents a thoughtful integration of luxury living with investor-friendly fundamentals. Mayank Jain, CEO of Kreeva, echoed this sentiment, noting that Gurugram’s vibrant real estate market makes it an ideal location for a premium offering of this scale.
Strategic Location and Market Demand
The project’s location in Sector-46 places it in the heart of Gurugram's established residential and commercial zones, offering excellent connectivity to major business hubs, metro access, and social infrastructure. With high demand for spacious, well-located luxury homes in the NCR, The Dualis is expected to see robust interest from both end-users and high-net-worth investors.
Part of a Larger Vision by Shapoorji Pallonji Group
Shapoorji Pallonji Real Estate, part of the Shapoorji Pallonji Group, has a development footprint exceeding 142 million sq. ft. across major Indian cities such as Mumbai, Pune, Bengaluru, Gurugram, and Kolkata. The Dualis marks SPRE’s second venture in Gurugram, following the success of Joyville Gurugram in Sector 102, reinforcing the group’s commitment to expanding its premium residential portfolio in key urban markets.
Project Highlights – Shapoorji Pallonji’s The Dualis, Gurugram
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Premium residential project launched in Sector-46, Gurugram
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Joint development by SPRE, Kreeva (Kanodia Group), and ASK Property Fund
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Spread over 1.75 acres with 198 luxury apartments
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Apartment sizes range from 2,850 to 3,600 sq. ft.
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Estimated INR 1,400 crore revenue potential over 5 years
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Towers to rise approx. 150 meters, offering panoramic views
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Marks SPRE’s second project in Gurugram after Joyville
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Backed by Shapoorji Pallonji Group’s 142 million sq. ft. national footprint
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Located in a prime residential-commercial corridor with strong connectivity
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