DLF Sells Gurugram Penthouse for Rs 271 Crore

Core News & Key Facts

DLF’s ultra-luxury residential project The Dahlias in Gurugram has recorded a reported Rs 271 crore penthouse transaction, placing the property among India’s most expensive single-unit residential deals. According to sources cited by PTI and multiple reports, entrepreneur Manav Sardana has purchased the penthouse in the project.

The property has a super area of 17,200 square feet and a carpet area of 10,500 square feet. Based on the super area, the reported transaction works out to approximately Rs 1.58 lakh per square foot. On a carpet-area basis, the price is nearly Rs 2.6 lakh per square foot.

Moneycontrol

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DLF has not publicly confirmed the transaction. A company spokesperson declined to comment on the reported sale.

Moneycontrol

Context & Statements

The Dahlias is DLF’s super-luxury residential development in DLF Phase 5, Gurugram. The project was launched in October 2024 across 17 acres and comprises 420 apartments and penthouses. DLF is expecting total revenue of more than Rs 40,000 crore from the project and has already sold more than 65% of its units, according to the report.

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Sardana, who was associated with Imperial Auto, is reportedly the buyer of the high-value penthouse. The transaction adds to a series of major luxury-home deals recorded in Gurugram’s high-end residential market. Recent reports have described the Rs 271 crore purchase as potentially the costliest single-unit residential transaction recorded in India.

Hindustan Times

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The pricing also underlines the premium being commanded by large residences in the Golf Course Road and DLF Phase 5 areas. The reported carpet-area rate of nearly Rs 2.6 lakh per square foot places the property at the top end of India’s luxury housing segment.

The Economic Times

Impact & What’s Next

The transaction signals the increasing scale of India’s ultra-luxury residential market, with Gurugram emerging as a strong competitor to Mumbai for record-value home purchases. The deal follows other high-value transactions at DLF’s luxury developments, including The Dahlias and the nearby The Camellias.

Hindustan Times

For DLF, the reported sale provides another indication of demand for its premium residential inventory. With a substantial portion of The Dahlias already sold and the developer targeting more than Rs 40,000 crore in project revenue, further high-value transactions could continue to draw attention to Gurugram’s luxury property market.

Moneycontrol

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