DLF Gurgaon Sets New Benchmark with India’s Most Expensive Real Estate Project, The Dahlias
Addressofchoice 23 December 2024DLF, India’s leading real estate company by market capitalization, has announced the launch of its most ambitious and expensive project to date, DLF The Dahlias. Situated on Golf Course Road in Gurugram, this ultra-luxury residential development is set to redefine India’s high-end real estate market.
Premium Residences at INR 80,000 per Sq. Ft.
The Dahlias will feature 400 luxury apartments, starting at an astounding INR 80,000 per square foot. Each residence is expected to have an average price tag of around INR 100 crore, making it a beacon for high-net-worth individuals seeking opulence in the National Capital Region (NCR).
Projected Sales Value Surpasses INR 34,000 Crore
With a projected sales value of INR 34,000 crore, The Dahlias is poised to surpass DLF's previous high-end venture, The Camellias, located just across the road. This massive sales projection reflects the growing demand for luxury real estate in Gurgaon, a market traditionally dominated by Mumbai.
Rivaling Mumbai’s Luxury Market
DLF The Dahlias is expected to compete directly with Mumbai’s ultra-luxury projects, such as Oberoi Realty’s Three Sixty West in Worli. The Dahlias’ total sales value is anticipated to match the combined value of Three Sixty West, The Camellias, and Naman Xana in Mumbai, cementing Gurgaon’s position on the luxury real estate map.
Record-Setting Apartments Starting at 9,500 Sq. Ft.
The starting size for apartments in The Dahlias is projected to be 9,500 sq. ft., offering unmatched space and luxury. Designed to cater to India’s elite, this development will set a new standard for grandeur and exclusivity in the country.
The Legacy of The Camellias
DLF's earlier project, The Camellias, has been a favorite among top executives and high-net-worth individuals in NCR. Launched nearly a decade ago at INR 22,500 per square foot, it now commands resale prices between INR 65,000 and INR 85,000 per sq. ft., setting the stage for The Dahlias to build on this legacy.
Redefining Luxury Living in Gurgaon
The Dahlias represents not just a project but a monumental leap in luxury living, setting new benchmarks for exclusivity and pricing in India. It reaffirms DLF’s leadership in the luxury real estate market and solidifies Gurgaon as a hub for elite living.
Highlights
- Location: Golf Course Road, Gurugram
- Price: INR 80,000 per sq. ft., with average apartment costs of INR 100 crore
- Total Sales Value: INR 34,000 crore
- Apartment Size: Starting from 9,500 sq. ft.
- Comparison: Rivals Mumbai’s Three Sixty West and other premium developments
- Legacy: Follows the success of The Camellias, which commands resale prices of up to INR 85,000 per sq. ft.
- Market Impact: Strengthens Gurgaon’s position as a luxury real estate destination
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