DLF, India’s largest real estate company, is preparing to launch a new luxury project in Gurugram, called DLF The Dahlias. This will be the most expensive residential project in the country’s history. The new project is located near the existing DLF Camellias on Golf Course Road in Gurgaon.
Details of the DLF Dahlias Project
DLF The Dahlias will offer 400 luxury apartments, with prices starting at Rs 80,000 per square foot. Each flat will be priced around Rs 100 crore, making this the most expensive project ever seen in India. Real estate experts from PropEquity report that the total sales value of this project is expected to reach Rs 34,000 crore. This is more than twice the value of the DLF Camellias and any other real estate project in India.
How Does DLF Dahlias Compare to Other Projects?
The Camellias, which is home to many top business executives and wealthy individuals, was launched ten years ago at Rs 22,500 per square foot. Today, prices at DLF Camellias have soared to between Rs 65,000 and Rs 85,000 per square foot. The Dahlias is set to exceed these figures, cementing its place as one of the most luxurious properties in the country.
High Demand for Luxury Flats in Gurgaon
In recent months, apartments at DLF Camellias have sold for as much as Rs 95 crore. The most expensive real estate projects in India were previously located in Mumbai and Delhi, but DLF in Gurgaon is now changing that. The Dahlias project will feature larger apartments, with sizes ranging from 9,500 square feet to 16,000 square feet. The average size will be around 11,000 square feet.
Expansive Amenities and Features
DLF The Dahlias will span across 17 acres and include towers with 29 floors. The clubhouse, which will be approximately 200,000 square feet, will be double the size of the one at DLF Camellias. This new project aims to set new standards for luxury living in India, with world-class amenities and services.
Why Gurugram is Becoming a Luxury Hub
Gurugram has surpassed Delhi and Mumbai in terms of luxury real estate prices. DLF in Gurgaon has focused heavily on selling to non-resident Indians (NRIs), whose investments in DLF projects have increased from 3% in 2020-21 to 23% in 2023-24. Wealthy NRIs, particularly those from the National Capital Region (NCR), are drawn to DLF’s super-luxury offerings.
DLF’s Market Dominance
In the last five years, DLF in Gurgaon has captured a 25% market share in India’s ultra-luxury real estate segment, which includes properties priced above Rs 25 crore. This success is due to the appreciation of property prices, exceptional hospitality services, and prime locations with stunning views of DLF’s Golf Course in Gurugram.
Conclusion
The launch of DLF The Dahlias marks a new chapter in India’s luxury real estate market. With state-of-the-art amenities, stunning views, and a prime location, this project is set to be the most expensive and exclusive development in the country. DLF is pushing the boundaries of what luxury living can be, especially in the rapidly growing market of DLF in Gurgaon.
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