In what is being seen as one of the largest residential property transactions in North India’s super-luxury housing segment, a Delhi-NCR-based businessman has purchased four luxury apartments in DLF’s latest super-luxury offering ‘The Dahlias’ in Gurugram for Rs 380 crore, people aware of the matter have said.
The Dahlias is DLF’s latest upcoming super-luxury project located on Golf Course Road within Golf Links in Gurugram. DLF5 Golf Links is also home to other high-rise developments such as The Camellias, The Aralias and The Magnolias.
Real estate consultancy and brokerage firm Rizin Advisory has facilitated the deal. Kshitij Jain, founder of Rizin Advisory, confirmed advising on the transaction.
Kshitij Jain said the deal, executed in the first week of October, includes four combined apartments with each having an area of 9,600 square feet, with four apartments spanning a combined 38,400 sq ft area.
“The per square feet transaction of the deal translate to around Rs 1 lakh per square feet, which makes it the largest deal in North India,” Rizin Advisory added.
According to market sources, the buyer already owns a residence in The Camellias and has now acquired four apartments in The Dahlias as an upgrade, further underlining the growing appetite for ultra-luxury homes in the NCR region.
The buyer, a Delhi-NCR-based business family, has presence across multiple industries including plastics, chemicals, and fertilisers, among others.
DLF refused to comment on the transaction.
Spanning approximately 7.5 million sq ft, The Dahlias project features 420 super-luxury residences across 29 levels and 8 towers, including 15 duplex penthouses and a clubhouse. Earlier this year, DLF had announced pre-launch sales of Rs 11,816 crore for The Dahlias.
Big-ticket deals
Gurugram has in the recent years seen several big-ticket luxury property deals. Former cricketer Shikhar Dhawan too has purchased an apartment at DLF’s latest super-luxury offering in Gurugram - The Dahlias - for Rs 69 crore.
In December 2024, Rishi Parti, CEO and founder of Gurugram-based Info-X Software Technology, had bought a 16,290 sq. ft. penthouse for Rs 190 crore in DLF The Camellias.
In January 2024, Smiti Agarwal, a director at Wesbok Lifestyle and wife of V Bazaar CMD Hemant Agarwal, bought an apartment in The Camellias for Rs 95 crore.
Similarly, In October 2023, an 11,000 sq ft apartment in The Camellias went for about Rs 114 crore in a resale.
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