10 months ago
Businessman Buys Four Luxury Delhi-NCR Apartments for Rs 380 Crore
A very wealthy businessman from the Delhi-NCR area bought four fancy homes in a building called 'The Dahlias' in Gurugram.
This big deal cost Rs 380 crore, which is a lot of money!
The four homes together are very large, covering 38,400 square feet.
This purchase is special because it's one of the biggest deals for fancy homes in North India.
The businessman already lives in a nice building nearby called 'The Camellias' and is getting these new homes to make his living situation even better.
'The Dahlias' is a new, very upscale building on a famous road, part of a community with other super expensive homes.
Other rich people and even a famous cricketer have also bought homes in this building or nearby, showing that many wealthy individuals want to live in this area.
A Delhi-NCR businessman purchased four ultra-luxury apartments in DLF's 'The Dahlias' for Rs 380 crore.
The deal, covering 38,400 sq ft, is one of the largest residential real estate transactions in North India's luxury market.
The buyer is from a business family with holdings in plastics, chemicals, and fertilizers and already owns a home in The Camellias.
'The Dahlias' is DLF's ultra-premium project on Golf Course Road in Gurugram, part of the DLF5 Golf Links community.
The effective rate for these apartments is approximately Rs 1 lakh per square foot, setting a new benchmark for the region.
- Who
- A Delhi-NCR-based businessman from a family with holdings in plastics, chemicals, and fertilizers
- What
- Purchased four ultra-luxury apartments
- Where
- The Dahlias, Golf Course Road, Gurugram
- When
- Early October
- Why
- As an upgrade to his existing residence in The Camellias
Key facts
- Buyer Location
- Delhi-NCR
- Property Developer
- DLF
- Project Name
- The Dahlias
- Transaction Value
- Rs 380 Crore
- Total Area
- 38,400 sq ft
- Price per Square Foot
- Approx. Rs 1 Lakh
- Deal Facilitator
- Rizin Advisory
Quotes
Not Specified
Article narrative
“The Dahlias is DLF’s latest ultra-premium residential offering located on Golf Course Road within DLF5 Golf Links, home to marquee addresses like The Camellias, The Aralias, and The Magnolias.”
businesstoday.in
