A businessman has purchased four apartments for Rs 380 crore in DLF's ultra-luxury project The Dahlias, located on Golf Course Road in Gurugram. This is being considered the largest housing deal in NCR to date. These apartments, spanning approximately 38,400 sq ft, were priced at about Rs 1 lakh per sq ft.
Real Estate Market: The largest and most talked-about housing deal to date has emerged in the Delhi-NCR real estate market. A businessman has bought four ultra-luxury apartments for Rs 380 crore in DLF's super-luxury project The Dahlias, situated on Golf Course Road in Gurugram. According to sources, this deal was finalized in the first week of October, with real estate consultancy firm Rizin Advisory playing a key role. These apartments, covering an area of approximately 38,400 sq ft, were priced at about Rs 1 lakh per sq ft, making it the most expensive residential deal in North India.
North India's Largest Housing Deal
According to sources, this historic deal was completed in the first week of October. Real estate consultancy firm Rizin Advisory facilitated it. Kshitij Jain, the company's founder, confirmed that his firm provided advisory services for this transaction. The total area of the four purchased apartments is approximately 38,400 sq ft, meaning each flat spans about 9,600 sq ft.
The price per square foot was approximately Rs 1 lakh, making this deal the most expensive real estate transaction in North India to date. Experts state that the demand and pricing for this project are setting a new benchmark in Delhi-NCR's luxury segment.
The Dahlias: A New Address for Luxury
DLF's The Dahlias project is being developed at DLF5 Golf Links, located on Golf Course Road in Gurugram. This area is already renowned for high-end residential towers such as The Camellias, The Aralias, and The Magnolias.
The Dahlias spans an area of approximately 7.5 million sq ft. The project comprises a total of 8 towers and 29 floors, featuring around 420 ultra-luxury residences. Among these, 15 apartments are duplex penthouses, and a world-class clubhouse is also being constructed.
Earlier this year, DLF secured bookings worth Rs 11,816 crore from the pre-launch sales of The Dahlias. This figure highlights the immense demand for this project in the luxury segment.
Existing Client Upgrades
According to information, the business family that made this Rs 380 crore deal was already residing in another DLF super-luxury project, The Camellias. They have now purchased this property in The Dahlias as an upgrade. It is reported that this family is active in industries such as plastics, chemicals, and fertilizers.
Real estate experts state that such large deals boost investor confidence in the luxury housing market. Particularly in Gurugram, the interest of High-Net-Worth Individuals (HNIs) has rapidly grown, as they invest in properties that offer long-term value returns.
Gurugram Emerges as the New Capital of Luxury Housing
In recent years, Gurugram has emerged as the luxury property hub of Delhi-NCR. Its high-quality infrastructure, world-class connectivity, and business-friendly environment have made it a top choice for investors.
Recently, Indian cricketer Shikhar Dhawan also purchased an apartment worth approximately Rs 69 crore in the same project, The Dahlias. Prior to this, Rishi Party, CEO of Info-X Software, bought a penthouse in The Camellias for Rs 190 crore.
These continuous high-value deals clearly indicate that the NCR real estate market has now become a symbol not just of investment, but also of prestige and identity.
Premium Demand Rises in the Real Estate Market
Real estate experts state that there has been a significant shift in the mindset of high-net-worth buyers in the post-COVID era. They are now focusing more on space, privacy, luxury, and exclusivity, rather than just location.
Developers like DLF have understood this growing demand and launched projects that offer not just a home, but an experience of a luxurious lifestyle. The Dahlias is a result of that very vision.
