ever rich billionaires Mumbai used to be the first choice but now it seems there has been a change in this trend. Along with Mumbai, the first choice of the rich has now become NCR city Gurugram. The reason for this is that flats worth crores are being sold in no time. Real estate company DLF has again done this feat. After the sale of an apartment worth more than Rs 100 crore in ‘The Camellias’ project, the company has now created a new record through ‘The Dahlias’. Let us tell you that DLF has sold 173 apartments in its highly luxurious residential project ‘The Dahlias’ in Gurugram for a total of Rs 11,816 crore. That means the average price of an apartment is Rs 70 crore.
420 apartments and penthouses in the project
DLF had launched ‘The Dahlias’, a 17-acre residential project in DLF Phase V in Gurugram, Haryana in October last year. It has 420 apartments and penthouses. The minimum size of an apartment in this project is 10,300 square feet. DLF sold 173 units for Rs 11,816 crore, according to an investor presentation. The total area of these units was 18.5 lakh square feet. An average of Rs 70 crore was received from each residential unit. DLF Group Managing Director Ashok Tyagi said there has been very strong demand for this special offering.
It was Rs 80,000 per square feet.
When this project was started, the initial price for purchasing apartments was kept at Rs 80,000 per square feet. The project also plans to include a club house measuring two million square feet. Thanks to these two projects of DLF, Gurugram has left Delhi and Mumbai behind and has made its place among the most expensive real estate markets in the world.
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