Nestled in the heart of Gurugram’s prestigious Golf Course Road, DLF Ltd. is launching Dahlias, a new benchmark in ultra-luxury living. Spanning an expansive 17 acres, this opulent development promises an exclusive collection of 400 meticulously designed residences. Positioned in one of India’s most coveted locations, this landmark project is set to yet again redefine luxury real estate, and is considered to be the most expensive real estate project to date.
The project is located directly across from The Camellias, DLF’s existing high-end residences, which boast a sales value of Rs 13,200 crore and a per square foot price ranging from INR 60,000 to 95,000 currently. In comparison, the starting price for residences at Dahlias is expected to be starting at INR 80,000 per square foot. According to a real estate consulting firm, PropEquity, the projected sales value of each apartment in this development is estimated to be around INR 80 crore to INR 100 crore, bringing the total value of the project to approximately INR 34,000 crore.
DLF Ltd.’s Joint Managing Director and Chief Business Officer, Aakash Ohri, told TOI, “The demand for bigger and better homes has skyrocketed post-Covid and continues to be strong. DLF has sold 2,500 units across three projects in Gurugram, amounting to INR 22,000 crore, over a 15-month period starting from March 2023.” This surge in sales reflects the growing appetite for luxury living in key urban centers. Another study indicates that only Mumbai and Delhi attract such high real estate prices, with the possibility of exceeding INR 1 lakh per square foot.
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