DFL To Launch Ultra-Luxury Project In Gurugram

Realty giant DLF Ltd is about to launch their ultra-luxury project in Gurugram that has been billed as the most-expensive residential real estate project in India. Named as The Dahlias, the premium luxury property will be located on Golf Course Road in Gurugram, which is close to the company's another luxury realty venture, The Camellias. Spread over 17 acres, The Dahlias will include 400 residences, with a starting price of Rs 80,000 per square feet.

According to a release by PropEquity, the Dahlias project has a revenue potential of around Rs 34,000 crore, around 2.5 times that of The Camellias. The apartments are sized between 9,500 square feet to 16,000 square feet, with the average sale ticket size expected to be around Rs 100 crore, the release added. The project is also slated to include a two million square feet-sized clubhouse.

Source: Moneycontrol