SPJ True Realtyy Unveils Vedatam in Gurugram

Gurugram, August 19, 2025: SPJ True Realtyy, the real estate arm of the SPJ Group, has unveiled Vedatam, a high-street retail development in Sector 14, Gurugram.

With an investment of approximately INR 500 crore, the project is designed to redefine retail, leisure and urban living, becoming the first organised commercial hub in this part of the city. The project’s total estimated sales realisation is expected to exceed INR 1,000 crore, funded through promoter equity and sales proceeds.

Spread across 4.15 acres, Vedatam will be developed in two phases over a three-year timeline. The development will feature over 400 premium commercial units and approximately 140 thoughtfully designed residences in (phase II), combining retail vibrancy with community living.

The company has launched two floors in its retail segment offering spaces priced between INR 25,000 and ₹45,000 per sq ft on built-up area.

Centrally located to serve 11 adjoining sectors, including 8, 12, 14, 15, 16, 17, 22, 23 and Palam Vihar, Vedatam is designed around a curated retail, F&B and entertainment mix. The retail segment spans three levels, lower ground, upper ground and first floor, ensuring high visibility for brands and seamless shopping experiences.

The second floor is a culinary destination with fine dining, multi-cuisine outlets, a brewery and a spacious food court, while the third floor houses Sector 14’s only multiplex operated by PVR alongside more F&B options.

“We believe that locations like Sector 14, densely populated yet untapped in organised retail, hold immense potential, and Vedatam is our answer to that opportunity,” said Pankaj Jain, founder and CMD, SPJ Group.

“With this project, we are setting a new benchmark in neighbourhood retail and mixed-use development in Gurugram. Vedatam reflects our commitment to creating vibrant, sustainable ecosystems that blend lifestyle, leisure and community living.”

With over 1,100 car parking spaces (including a unique three-level parking system), high-speed elevators and escalators, 100 per cent power back-up, advanced fire safety and earthquake-resistant construction, Vedatam is engineered for operational ease and visitor comfort. Future phases will introduce premium residences and an exclusive clubhouse, fully realising the live-work-play vision.

Vedatam enjoys seamless access to NH-48, Old Delhi-Gurgaon Road and the Dwarka Expressway, ensuring smooth mobility across NCR. It lies just three km from HUDA City Centre Metro Station and five km from MG Road Metro Station while business districts like Cyber City, Udyog Vihar and Golf Course Extension Road are all nearby. The IGI Airport is just a 20-minute drive away, making Vedatam a truly connected destination for modern urban living.

With a focus on innovation, quality construction and strategic land positioning, SPJ True Realtyy aims to redefine the real estate narrative in NCR. Backed by the legacy and financial strength of the SPJ Group, Vedatam aligns with the company’s commitment to delivering projects that not only meet but exceed modern urban aspirations.