Landmark Group Announces Rs 15,000 Crore Expansion Plan in NCR
Gurugram October 30, 2026: Landmark Group has announced expansion plans across two major real estate projects in the National Capital Region (NCR), with a combined estimated sales potential of Rs 15,000 crore, according to a press release issued by the company.
The expansion includes Landmark One, a 2.1 million sq. ft. Grade A+ corporate office development on Golf Course Extension Road in Gurugram, and an integrated mixed-use project on Dwarka Expressway.
Landmark One has an expected total sale value of approximately Rs 4,000 crore, with an estimated construction investment of Rs 1,000 crore alongside land valued at around Rs 550 crore. The developer has secured Rs 330 crore from the State Bank of India to fund the first phase of construction, which costs an estimated Rs 481 crore. As per RERA guidelines, the project is scheduled for completion by May 2033. Designed for large corporate occupiers, it will feature flexible office floor plates ranging from 55,000 to 100,000 sq. ft., retail spaces, food outlets, business centers, and executive amenities.
Separately, the group has acquired over 22 acres directly on Dwarka Expressway. Currently in the planning stage, the proposed project is envisaged to include a five-star hotel, branded serviced apartments, premium retail, and a corporate office block, with an estimated sales potential of Rs 11,000 crore.
To lead this phase of growth, the group has appointed real estate industry veteran Pankaj Pal as Managing Director. He brings over 35 years of experience across residential, commercial, retail, township, and mixed-use developments.
Sandeep Chillar, Founder & Chairman, Landmark Group, said, “We are entering a defining phase of growth, with a focus on developments that combine scale, quality and long-term value creation. Landmark One and our proposed Dwarka Expressway project reflect our ambition to strengthen our presence across NCR. With Landmark One, we intend to establish a new benchmark for corporate office infrastructure in Gurugram, while our proposed Dwarka Expressway development represents our ambition to create an integrated luxury destination of international standards. We are backing this vision with substantial capital commitments, strong institutional banking relationships and an experienced professional leadership team.”
Pankaj Pal, Managing Director, Landmark Group, stated, “The next phase of growth in Indian real estate will increasingly favour developers who can combine financial strength, professional management, superior product planning and disciplined execution. Landmark Group has assembled a compelling development pipeline with the potential to create significant value across commercial, hospitality and residential segments. Landmark One, with an expected total sale value of approximately Rs 4,000 crore, presents an opportunity to deliver a corporate environment that competes with the finest office developments internationally, both in terms of specifications and the overall occupier experience.”
He further added, “Our immediate priority is to build a strong, execution-focused organisation, bring together the best architectural and technical expertise, and ensure that every development is conceived with a clear understanding of evolving customer expectations. We intend to pursue growth with ambition, but equally with financial prudence, transparency and an unwavering commitment to quality. Our objective is to establish Landmark Group among the most respected and professionally managed real estate development organisations in the NCR.”
