Conscient Hines Elevate, Sector 59 Gurgaon

Conscient Hines Elevate is a housing society of 556 flats in five towers of 33 storeys on 7.78 acres in Sector 59, on Golf Course Extension Road, Gurugram. Conscient Infrastructure developed it with Hines, the American property firm, as investment manager: Hines's first housing project in India. Ricardo Bofill's practice designed it and Tata Projects built it. It launched in June 2019, the first phase has been ready since December 2024, and the second phase of 248 flats in towers D and E followed. The row this page replaces called it a new launch and printed about Rs 3.35 crore onwards, which is close to what a flat cost when bookings opened.

Today the same flat resells at about Rs 25,000 to Rs 26,700 per sq ft: roughly two and a half times the launch rate. A 3 BHK now starts near Rs 5.6 crore. The rent has not kept up, so the yield is thin, about 2.6 per cent on a 3 BHK.

What sellers ask, divided by the area

• A 2,095 sq ft 3 BHK on the 32nd floor, furnished, at Rs 5.60 crore: Rs 5,60,00,000 over 2,095 is Rs 26,730 per sq ft.
• A 2,295 sq ft 3 BHK at Rs 5.75 crore: Rs 25,054 per sq ft.
• A 2,595 sq ft 3 BHK at Rs 6.75 crore: Rs 26,012 per sq ft. The same listing number also appears under a 2,295 sq ft label; on that area it would be Rs 29,410, so ask which plan it is.
• The 3,395 sq ft 4 BHK at Rs 8.48 to Rs 8.90 crore: Rs 24,980 to Rs 26,215 per sq ft.

A market report puts the average at Rs 24,150 at the start of 2026, rising to about Rs 24,450 and then Rs 24,800 by mid-year, and one portal's headline reads Rs 5.25 crore onwards. So the band is about Rs 24,800 to Rs 26,700, with the high floors and furnished flats at the top. No registered transaction for the society was found, so these are asks, not sale prices; expect to settle a little below them.

From Rs 9,600 to Rs 25,000 in seven years

Brokers' records of the original allotments give the launch rate. A 2,295 sq ft 3 BHK was booked at about Rs 2.20 crore, which is Rs 9,586 per sq ft, and a 3,395 sq ft 4 BHK at Rs 3.56 crore, Rs 10,486. A later quote of Rs 2.62 crore for the 2,095 sq ft plan, Rs 12,506 per sq ft, reads like phase-two pricing. On those figures a first-phase buyer has seen the rate rise about 2.6 times before possession.

That rise is the whole Golf Course Extension Road story, not something special to this building: the corridor was re-rated between 2021 and 2025 as the finished towers along it filled. A buyer now pays the re-rated price. The question is not whether the building was a good buy in 2019, which it plainly was, but whether Rs 25,000 is fair today. Against its neighbours, it is at the top of the range, which is where a finished Hines and Bofill building would expect to sit.

The six one-unit pages that now fold into this one

This site carried six separate resale pages for flats here, each with a band worked out from a formula on the area. Every band sat well under the market. They now fold into this page.

The formula bands ran from about Rs 15,000 to Rs 19,500 per sq ft. Even their top was 25 per cent under the cheapest ask found, so a buyer who read one of those pages would have come in with an offer no owner would take. The 3,000 sq ft page is the odd one: no plan in this building measures 3,000 sq ft. It is most likely a rounded figure for the 2,595 sq ft or 3,395 sq ft plan, or a flat in one of the other Hines and Conscient buildings. At Rs 25,500 a 3,000 sq ft flat would be Rs 7.65 crore, but nobody should price a plan that does not exist.

The rent, and the yield it produces

A 2,095 sq ft 3 BHK lets from about Rs 1.10 lakh to Rs 1.20 lakh a month, and furnished flats reach Rs 1.95 lakh. A 3,395 sq ft 4 BHK asks Rs 1.08 lakh to Rs 1.60 lakh, and maintenance runs about Rs 5 per sq ft, some Rs 15,000 a month on the 4 BHK.

Divide. A 3 BHK at Rs 1.20 lakh earns Rs 14.4 lakh a year, 2.6 per cent on Rs 5.60 crore. A 4 BHK at Rs 1.60 lakh earns Rs 19.2 lakh, 2.3 per cent on Rs 8.48 crore; at Rs 1.08 lakh it is 1.5 per cent. So the yield is about 1.5 to 2.6 per cent gross, lowest on the largest flats. Nobody buys here for the rent. The case for the building is where it is, who designed it and that it is finished.

Two registrations, two phases, two dates

Two Haryana numbers are printed for the project: GGM/325/57/2019/19, dated 1 April 2019, and GGM/459/191/2021/27, dated 22 June 2021. They line up with the two phases, launched in 2019 and 2021, though no listing says which towers each covers. A 2021 trade report gave completion as the third quarter of 2023; the portals record the first phase as ready from December 2024. For phase two, one listing said January 2025 and another January 2026, and the listings disagree on whether its occupation certificate has been granted. So the rule for a resale buyer is simple: get the occupation certificate that names the tower, and if there is none, you are buying an allotment and its wait.

Three buildings, one name: Elevate 3.0 and Elevate Reserve are not this one

After this project Hines and Conscient formed Elevate Homes, a platform for further buildings, and the name travelled with it. Elevate 3.0 is a separate launch in Sector 63A. Elevate Reserve is in Sector 62. There is also an Elevate Homes project in Kamla Nagar, Delhi. Several broker sites put Elevate 3.0 or Elevate Reserve in Sector 59, and one portal search for a 3,395 sq ft 4 BHK here returned an Elevate Reserve flat at Rs 6.45 crore. Those prices do not belong to this building. Check the sector and the registration number on every quote.

Where it sits on Golf Course Extension Road

Sector 59 is at the Golf Course Road end of the extension, which is why it trades above sectors further south. Max Estates in Sector 59 is the nearest newer comparison. Birla Navya in Sector 63A resells at about Rs 18,000 per sq ft as low-rise floors, and Smartworld Orchard in Sector 61 at about Rs 16,000. The corridor as a whole is on the Golf Course Extension Road page. At Rs 25,000, this building costs half as much again as its nearest delivered neighbours, which is the price of the brand, the design and the height.

Who this suits, and who should look elsewhere

It suits a family that wants a finished high-rise 3 or 4 BHK at the Golf Course Road end of the extension, from a developer pair that delivered, at about Rs 5.6 to Rs 8.9 crore. It does not suit an investor after rent: 1.5 to 2.6 per cent gross will not carry a loan. It does not suit a buyer who has read a price for Elevate 3.0 or Elevate Reserve and assumed it applies here, nor one who would pay a first-phase price for a second-phase flat without its certificate.

Before you pay anything

1. The tower and phase, and the occupation certificate that names it.
2. The plan: 2,095, 2,295, 2,595 or 3,395 sq ft. There is no 3,000.
3. The arithmetic: the ask over the super area, against Rs 24,800 to Rs 26,700.
4. The registration number on the papers, which also proves it is the Sector 59 building.
5. Dues: maintenance at about Rs 5 per sq ft, club charges and a no-dues letter.

Frequently asked questions

What is the resale price in Conscient Hines Elevate, Sector 59?

Owners ask about Rs 25,000 to Rs 26,700 per sq ft on super area. A 2,095 sq ft 3 BHK on the 32nd floor asks Rs 5.60 crore, a 2,295 sq ft 3 BHK Rs 5.75 crore, a 2,595 sq ft 3 BHK Rs 6.75 crore, and the 3,395 sq ft 4 BHK Rs 8.48 to Rs 8.90 crore. The old figure of Rs 3.35 crore onwards was close to the launch price.

Is Conscient Hines Elevate ready to move?

Yes for the first phase, which portals record as ready since December 2024. Phase two, towers D and E with 248 of the 556 homes, was quoted for January 2025 on one listing and January 2026 on another, and the listings disagree on whether its occupation certificate has come. Ask for the certificate that names the tower before paying.

What is the RERA number of Conscient Hines Elevate?

Two Haryana registrations are printed for the project: GGM/325/57/2019/19, dated 1 April 2019, and GGM/459/191/2021/27, dated 22 June 2021. They match the two phases, the first launched in June 2019 and the second in 2021, though the listings do not say which number covers which towers. The certificate in the sale papers settles it.

What rent does a flat in Conscient Hines Elevate earn?

A 2,095 sq ft 3 BHK lets from about Rs 1.10 lakh to Rs 1.20 lakh a month, with furnished flats higher. A 3,395 sq ft 4 BHK asks Rs 1.08 lakh to Rs 1.60 lakh plus maintenance of about Rs 5 per sq ft. Against the asks that is about 2.6 per cent gross on a 3 BHK and 1.5 to 2.3 per cent on a 4 BHK.

What sizes are the flats in Conscient Hines Elevate?

Four plans on super area: 3 BHK of 2,095, 2,295 and 2,595 sq ft, and a 4 BHK of 3,395 sq ft. No published plan measures 3,000 sq ft, so a listing quoting that size is either a different project or a measurement that needs explaining. The towers carry about four flats to a floor across 33 storeys.

Who built Conscient Hines Elevate?

Conscient Infrastructure developed it with Hines, the American property firm, as investment manager; it was Hines's first housing project in India. Ricardo Bofill's practice was the architect and Tata Projects built it. The two firms later formed Elevate Homes as a platform for further projects, which is why other buildings now carry the name.

Is Conscient Hines Elevate the same as Elevate 3.0 or Elevate Reserve?

No. This page is the Sector 59 building on Golf Course Extension Road, launched in 2019. Elevate 3.0 is a separate launch in Sector 63A, and Elevate Reserve is in Sector 62. Several listings put the other two in Sector 59, so a price quoted for them does not belong here. Check the sector and the registration number on any quote.