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DLF Sells 173 Ultra-Luxury Homes for ₹11,816 Crore in Gurugram: The Dahlias Project
DLF, India’s largest real estate developer, has made headlines with the sale of 173 ultra-luxury apartments worth ₹11,816 crore in its premium residential project, The Dahlias, located in DLF Phase 5, Gurugram. This exceptional demand from ultra-high-net-worth individuals (HNIs) and non-resident Indians (NRIs) underscores the surging interest in luxury real estate post-COVID.
Key Project Highlights
| Project Name | The Dahlias |
|---|---|
| Developer | DLF Limited |
| Location | DLF Phase 5, Gurugram |
| Project Area | 17 acres |
| Number of Units Sold | 173 |
| Total Sales Value | ₹11,816 crore |
| Average Price Per Unit | ₹70 crore |
| Price Per Sq. Ft. | ₹64,000 (saleable area), ₹1,05,000 (carpet area) |
About The Dahlias
The Dahlias is a premium residential development designed to offer exclusivity, comfort, and world-class luxury. It features 420 apartments and penthouses, each starting at a sprawling 10,300 square feet. This project follows the success of DLF’s earlier ultra-luxury project, The Camellias, in the same location.
Why Choose The Dahlias?
- Unmatched Luxury:
- Expansive homes with state-of-the-art amenities.
- Exclusive community designed for the super-rich.
- Prime Location:
- Situated in DLF Phase 5, one of Gurugram’s most prestigious neighborhoods.
- Strong ROI Potential:
- The project’s revenue potential is estimated at over ₹35,000 crore.
- High Demand:
- Backed by strong interest from ultra HNIs and NRIs.
- DLF Legacy:
- Trusted developer with a proven track record in luxury real estate.
Investment and Revenue Potential
| Parameter | Details |
|---|---|
| Total Investment | ₹8,000 crore (over 4-5 years) |
| Built-Up Area | 74 lakh sq. ft. |
| Saleable Area | 45 lakh sq. ft. |
| Estimated Revenue Potential | ₹26,000 crore (launch price) |
| Projected Revenue Growth | ₹35,000 crore (with staggered sales) |
Market Insights
The luxury housing market in India has seen significant growth post-COVID, driven by:
- Rising Demand: Ultra HNIs are seeking larger, branded homes.
- Robust Sales: DLF recorded all-time high sales bookings of ₹12,093 crore in Q3 FY2024-25.
- Strong Financials:
- Net profit rose to ₹1,058.73 crore in Q3 FY2024-25, a 61% increase YoY.
- Total income for the first nine months of FY2024-25 grew to ₹5,648.12 crore.
DLF: A Legacy of Excellence
| Founded | 1946 |
|---|---|
| Projects Developed | Over 185 residential and commercial projects |
| Area Developed | 352 million sq. ft. |
| Development Pipeline | 220 million sq. ft. |
| Annuity Portfolio | 44 million sq. ft. |
Contact Evantis Realty India
- Phone: +91-9310105009
- Email: info@evantisrealty.com
- Website: https://evantisrealty.com/in/
Reference Links
The Dahlias by DLF is not just a residence; it’s a symbol of exclusivity and luxury for those who seek the extraordinary.
Evantis Realty is a leading Real Estate Broker in Gurugram & Delhi NCR specializing in high-end properties across the city. With years of experience and a deep understanding of the market, Evantis Realty offers personalized service and expert advice to help clients navigate the dynamic Gurugram & Delhi NCR Real Estate Market with confidence.
