Terra Grande by Eldeco Expands Across Himachal and Uttarakhand After Complete Sell-Out of Sirmaur Phase I

New Delhi, June 10, 2026: Terra Grande by Eldeco, the luxury experiential real estate brand focused on curated second-home communities, has announced a major expansion across Himachal Pradesh and Uttarakhand following the complete sell-out of Phase I of its flagship development in Sirmaur, Himachal Pradesh.

The expansion marks a significant milestone in Terra Grande’s vision of creating thoughtfully designed luxury second-home communities that blend architecture, wellness, nature, and hospitality-led living experiences. Backed by Eldeco’s four-decade legacy in real estate development, the brand continues to strengthen its position in India’s fast-growing luxury second-home market.

The announcement follows the strong success of Terra Grande’s ongoing 29-acre development in Sirmaur, located in the Kasauli Hills region. Phase I of the project, comprising 39 luxury villas spread across 16 acres and priced between ₹8 crore and ₹10 crore, has been completely sold out. The development has emerged as one of North India’s most sought-after luxury second-home destinations.

The overwhelming response highlights growing demand among affluent buyers seeking privacy, wellness, nature-centric living, and curated lifestyle experiences beyond traditional holiday homes. Terra Grande’s design-led approach, supported by internationally acclaimed architects and interior designers, has played a key role in attracting discerning homeowners.

Building on this success, Terra Grande is preparing to launch Phase II of the Sirmaur development while simultaneously expanding into other high-potential mountain destinations across Himachal Pradesh and Uttarakhand.

Alongside its ongoing developments in Sirmaur (29 acres) and Narendra Nagar near Rishikesh (12.5 acres), the company plans to launch three additional projects, including:

• A 2.5-acre luxury residential development in Kalth, Solan.
• An 8.5-acre wellness-focused villa community near Rishikesh.
• A 12-acre luxury second-home project in Sirmaur.

Collectively, these five developments will span approximately 61.5 acres and comprise more than 100 luxury residences, further strengthening Terra Grande’s presence across India's emerging mountain and wellness destinations.

Commenting on the expansion, Amar Kapoor, CEO, Terra Grande, said:

"The overwhelming response to Terra Grande Sirmaur validates our belief that luxury second homes are emerging as a distinct lifestyle category in India. The complete sell-out of Phase I has reinforced our conviction in creating thoughtfully planned, low-density communities that combine nature, wellness, privacy and design excellence.

As we prepare the next phase of growth in Sirmaur and expand across Himachal Pradesh and Uttarakhand, our focus remains on delivering exceptional living experiences in destinations that offer long-term lifestyle and investment value. We believe the demand for curated luxury second homes will continue to grow as buyers increasingly seek meaningful escapes and deeper connections with nature."

Terra Grande’s developments are distinguished by low-density planning, architecture-led design, wellness-focused amenities, and deep integration with the surrounding natural environment. Each destination is carefully selected to offer residents a unique lifestyle experience while maintaining sustainability, privacy, and long-term value.

With a robust development pipeline spanning more than 60 acres across Himachal Pradesh and Uttarakhand, Terra Grande is well-positioned to strengthen its leadership in India’s luxury second-home segment while creating enduring value for homeowners and investors.

About Terra Grande by Eldeco

Terra Grande by Eldeco is the luxury second-home vertical of the Eldeco Group, focused on creating premium residential communities in India’s most desirable mountain and wellness destinations. Guided by principles of conscious living, the brand combines architecture-led design, low-density planning, wellness amenities, and hospitality-inspired experiences to create homes that foster deeper connections with nature while offering privacy, exclusivity, and lasting value.

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