Delhi-NCR developer Landmark Group has outlined two projects with a combined estimated sales potential of about ₹15,000 crore. The plan includes Landmark One, a 2.1 million sq ft office development on Gurugram's Golf Course Extension Road, and a mixed-use project on more than 22 acres along Dwarka Expressway.
The plans were announced at the end of October and detailed again in trade reports on 10 November 2026. The group has also named Pankaj Pal, who has more than 35 years of real-estate experience, as Managing Director.
Landmark One, Gurugram: the numbers
Landmark One is planned as a Grade A+ corporate office project aimed at large Indian and multinational companies. Its expected sales value is about ₹4,000 crore.
The group estimates construction investment at about ₹1,000 crore, excluding land, which is valued at about ₹550 crore. It has raised ₹330 crore from State Bank of India for Phase 1, which has an estimated construction cost of ₹481 crore.
Together, the land value and construction estimate come to about ₹1,550 crore. The SBI loan covers about two-thirds of Phase 1's estimated construction cost; all figures are company estimates.
The project is under construction and its RERA registration lists a completion date of May 2033. Floor plates, or the usable area on a single floor, will range from about 55,000 sq ft to 100,000 sq ft. Planned amenities include food and beverage outlets, retail space, executive business centres and an executive club.
The Dwarka Expressway project
The second project sits on more than 22 acres that the group acquired directly on Dwarka Expressway. It is proposed as a mixed-use development with a five-star hotel, branded serviced apartments, premium retail and a corporate office block.
Its estimated sales potential is about ₹11,000 crore, though the group has said this depends on finalising the development plan and on market conditions. The project is at the planning and concept stage. No construction cost, land price or launch timeline has been shared for the site so far.
What the developers said
"We are entering a defining phase of growth," said Sandeep Chhillar, Founder and Chairman of Landmark Group, according to Constro Facilitator. He said the expansion is backed by capital commitments and banking relationships.
Pal described Landmark One as an opportunity to build a corporate office environment with international specifications.
What it means for Gurugram
For Gurugram, a 2.1 million sq ft project with floor plates of up to 100,000 sq ft adds to the supply of large office floors aimed at multinational occupiers on Golf Course Extension Road.
For investors, the figures shared are sales estimates, not committed revenue. The Dwarka Expressway project in particular is still at concept stage, and timelines for Landmark One run to 2033. Buyers and occupiers can check project details and progress on the Haryana RERA website.
Sources
- Construction World: Landmark Group plans Rs 150 billion NCR expansion — published 10 November 2026.
- Constro Facilitator: Landmark Group Announces Rs 15,000 Cr NCR Expansion Plan — published 31 October 2026.
Frequently asked questions
Where is Landmark One in Gurugram?
Landmark One is a corporate office development of about 2.1 million sq ft on Golf Course Extension Road, Gurugram, with a RERA completion date of May 2033.
How much has SBI lent for Landmark One?
Landmark Group has raised ₹330 crore from State Bank of India for Phase 1 of Landmark One, which has an estimated construction cost of ₹481 crore.
What is planned on Landmark Group's Dwarka Expressway land?
The group plans a mixed-use project on more than 22 acres with a five-star hotel, branded serviced apartments, premium retail and a corporate office block; it is at the planning stage.