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DLF’s upcoming super-luxury real estate project will redefine Indian market: Here is how

DLF's upcoming super-luxury real estate project will redefine Indian market: Here is how

Indian real estate developer DLF is set to unveil The Dahlias, a super-luxury residential project that promises to redefine luxury in the Indian market. Sited on Golf Course Road in Gurugram, The Dahlias is expected to emerge as one of the costliest residential projects in India, tagged at Rs 80,000 per square foot.

Estimated to cost Rs 100 crore on average, each apartment, The Dahlias overshoots the most prized projects of Mumbai and Delhi. According to estimates, the sales value of The Dahlias is pegged at Rs 34,000 crore, which would seal a new record for the highest-valued real estate project in India.

What is the DLF’s upcoming super-luxury real estate project? All you need to know about

The Dahlias will come up directly opposite DLF Camellias, one of the prestige DLF projects which stand tall as the benchmark of luxury living in India. Launched a decade ago at Rs 22,500 per square foot, Camellias today is one of the costliest condominiums in the country. The project has houses for the top CEO and high-net-worth individuals from Delhi-NCR.

Notably, The Dahlias will sprawl over 17 acres. It will be 29-storey towers offering 400 super-luxury residences in the size range of 9,500 square feet to 16,000 square feet. Clubhouse The project will also have a 2 lakh square foot clubhouse, double the size of Camellias’ clubhouse.

This luxury and exclusive offering at The Dahlias is expected to attract ultra-wealthy individuals looking for the best in life in India. Expected sales value of the project will mirror the growing demand for high-end premium property in Gurugram. Also, it cements the city’s place in the pantheon of the top tier cities in the high-end real estate market in India.

Also, see: Approach dal-chawal-investing: Edelweiss Mutual Fund CEO Radhika Gupta advice to avoid stock market scams

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I'm Ved Prakash, Founder & Editor @Newsblare Media, specialised in Business and Finance niches who writes content for reputed publication such as Investing.com, Stockhouse.com, Motley Fool Singapore, etc. I'm the contributor of different... news sites that have widened my views on the current happenings in the world.

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