Last October, an 11,000-square foot apartment at The Camellias by DLF on Gurgaon's Golf Course Road was sold for more than Rs 100 crore in a resale. The deal was compared with those in New Delhi’s posh localities, which are among the priciest properties in the country. On Monday, the same locality was in waist-deep water following overnight rain.
Most homeowners who bought apartments in The Camellias would have paid between Rs 18 crore at the launch in 2014 and more than Rs 40 crore in more recent times. Moreover, getting the interiors done would have cost them more than Rs 5 crore. According to brokers, properties near The Camellias in Gurgaon that do not face the golf course are priced at over Rs 15 crore. Despite the huge amount of money people spent on luxurious amenities, visuals shared on social media show the Golf Course area completely underwater -- not unlike several other pockets in the national capital region whose real estate prices are only a small fraction of the Golf Course Road rates.
According to the district administration, Gurgaon received 53 mm of rainfall by 8.30 am while some areas recorded over 80 mm of rainfall.
This is the famous Golf Course Road of Gurgaon where a few months back a flat was sold for over Rs 100 crores. 99.5% of people in India cannot afford or even think of buying a property on this road. But this part of Gurgaon is no different from any area of the city. #DLF pic.twitter.com/Bugoep1ouf— Bagish K Jha (@bagishjhaTOI) August 11, 2024
Where does our tax money goes? Indian road r made by contractors and this road was made just few month back in Gurgaon posh area- Golf course ext road@narendramodi @cmohry @MunCorpGurugram
One day rain and we r amidst a river! Corruption only corruption! pic.twitter.com/av0v6tAYyoRelated stories
— Paavani (@paavani) August 11, 2024
Bengaluru faced a similar predicament in 2022 when Epsilon--a gated community which is home to billionaires including Wipro chairman Rishad Premji, Britannia CEO Varun Berry, and Big Basket co-founder Abhinay Choudhari--was flooded and the billionaires were rescued in boats.
A basic villa in Epsilon costs Rs 10 crore, reported Times Now. The price can go up depending on the size of the plot and a 1-acre plot apparently costs Rs 80 crore.
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