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DLF Ltd has sold a penthouse for INR 271 crore at its upcoming super-luxury residential project The Dahlias in DLF Phase 5, Gurugram, according to sources. The 17-acre project, launched in October 2024, comprises 420 apartments and penthouses. Sources said entrepreneur Manav Sardana, who was associated with Imperial Auto, has purchased the penthouse. The transaction is among the costliest residential deals in terms of per-square-foot value, reflecting strong demand for ultra-luxury homes in Gurugram.
Realty major DLF Ltd has sold a penthouse for INR271 crore at its upcoming super-luxury residential project The Dahlias in Gurugram, according to sources familiar with the transaction.
The deal is being viewed as one of the costliest residential transactions in the city in terms of the per-square-foot value, underscoring the strong demand for ultra-luxury homes in Gurugram's premium residential market.
DLF launched The Dahlias in October 2024 in DLF Phase 5, Gurugram. Spread across 17 acres, the project comprises 420 apartments and penthouses and is positioned as a super-luxury housing development.
According to sources, the INR271-crore penthouse has been purchased by entrepreneur Manav Sardana, who was associated with Imperial Auto. The transaction adds to the series of high-value residential deals recorded in Gurugram's luxury housing segment.
The project is located in one of Gurugram's established premium residential micro-markets, where limited availability of large luxury residences and strong demand from high-net-worth buyers have supported substantial ticket sizes.
The sale also highlights the premium pricing commanded by DLF's luxury residential developments. The company has been expanding its presence in the high-end housing segment, with large-format residences catering to buyers seeking exclusive homes in established locations.
The transaction at The Dahlias comes amid a broader rise in India's luxury housing market, where high-value homes have continued to attract affluent buyers despite elevated ticket sizes. Gurugram, in particular, has emerged as one of the country's key markets for ultra-luxury residential developments.
With 420 apartments and penthouses planned across the 17-acre development, The Dahlias represents DLF's focus on large-scale luxury housing in Gurugram. The INR271-crore sale further places the project among the city's notable high-value residential developments.
Sources: PTI
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