Real estate company DLF has announced the successful sellout of its latest luxury residential project, 'DLF Privana West,' valued at approximately Rs 5590 crores in just three days. Nestled within Sector 76 and 77, this expansive high-rise development covers approximately 12.572 acres and is an integral component of the larger 'DLF Privana' ecosystem sprawling across approximately 116.296 acres. This achievement closely follows the earlier success of DLF Privana South's sellout in January 2024.
Also Read | DLF to invest Rs 2,200 crore to build shopping mall in Gurugram
DLF Privana West boasts features such as three car parks for each 4BHK unit and four car parks for penthouses, set amidst the backdrop of the Aravali Range and near the upcoming Safari Park. With a total of 795 residences spread across five towers, the project offers a distinguished collection of 4BHK apartments and penthouses, ensuring utmost privacy with no two residences overlooking each other.
Do Not Miss | NCR luxury real estate: Capital appreciation takes centre stage as rich Indians and NRIs ramp up investments
Aakash Ohri, the joint managing director and chief business officer of DLF Home Developers, underscored the widespread anticipation for the project, noting a substantial interest from NRIs among the buyer demographic. He reiterated DLF's commitment to replicating the success of DLF5 by creating an integrated ecosystem of luxury residences amidst verdant surroundings, fulfilling the aspirations of discerning homeowners.
DLF's strategic expansion into Sector 76 and 77 of Gurugram with 'DLF Privana South' earlier this year further strengthens its foothold in the luxury residential segment.
Also Check Out | Cash Market: DLF has a strong potential for new highs
With approximately 80% of the area dedicated to open space and an average of 63 residences per acre.
DLF shares commenced trading at Rs 862/share on May 9, reflecting an increase from the previous close of Rs 852.50/share. The stock's has surged 97% over the past 12 months.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
