New Record in India’s Housing Market
Gurugram: Gurugram has yet again recorded one of the biggest housing deals of the country as a Delhi NCR-based businessman has purchased four luxury apartments in DLF’s The Dahlias on Golf Course Road, Gurugram, for a whooping ₹380 crore.
According to data from CRE Matrix, this is the first time a single residential project in India has crossed ₹10,000 crore (₹100 billion) in sales within one quarter. Gurugram also registered the most expensive property deal of the year, a ₹190 crore penthouse sale, surpassing Delhi for the first time.
The four units combined span around 35,000 sq. ft. and are part of DLF’s latest ultra-luxury development within its Golf Links portfolio.
The deal was facilitated by Rizin Advisory Pvt Ltd “We advised on the transaction. The family was initially exploring a bungalow or farmhouse in Lutyens’ Delhi, but as discussions progressed, they became more inclined towards a luxury condominium that offered comparable space, privacy, and pedigree, yet with stronger long-term value and convenience,” said Kshitij Jain, founder of Rizin Advisory in a public statement. The deal yet again establishes Gurugram’s new-generation luxury projects, especially those along the Golf Course Road as a competition to Lutyen’s Delhi. The projects come with modern security, skyline views, and amenities that suit multi-generational urban families along with Lutyen’s charm. The Dahlias form part of DLF’s DLF5 Golf Links communities, which include The Camellias, The Aralias, and The Magnolias.
The project spans about 7.5 million sq. ft. It features 420 residences across 29 floors and 8 towers. There are 15 duplex penthouses and a grand clubhouse.
Earlier this year, DLF recorded pre-launch sales of ₹11,816 crore for the project, one of the highest ever in India’s residential market. The development overlooks the proposed Lake Park and is designed to balance privacy, open green spaces, and views through eight interconnected towers arranged in opposing arcs.
