India is soon going to welcome a new level of luxury project. DLF, one of the biggest real estate conglomerates, is all set to uncover its latest ultra-luxury residential project-DLF The Dahlias at Gurugram. This ultra-luxury project by DLF will turn out to be India’s costliest housing project, and will begin at a whopping price of ₹100 crore per apartment.
Project Details
DLF The Dahlias is a luxury residential in the high-end residential hub of Gurugram opposite Camellias on Golf Course Road. It will sprawl across 17 acres. Approximately, 400 luxury apartments will house each with a huge 9,500 to 16,000 sq. ft space.
With a tag of ₹100 crore per unit, this is India’s most expensive residential offering ever. It is surpassing all other previous high-end projects across premium areas like South Delhi and Mumbai. The average rates per square foot on these flats is expected to hover around ₹80,000, targeting ultra-high-net-worth individuals (UHNIs). With a sales value of Rs 34,000 crore, this is 2.5 times the value of Camellias and any other project in India, said PropEquity.
These ultra-high-end homes will be nestled within 29-floor towers that have been designed to provide exclusivity, comprehensive privacy, and expansive views of the surroundings. Architecture is designed to answer the growing demand for large-format homes, especially since the post-pandemic times, when ultra-wealthy are looking out for more space, better facilities, and private, spacious homes.
Luxury Amenities and Lifestyle
Coupled with the great interiors and expansive floor plans, the project would feature some of the world-class amenities and services to the UHNI market. Among all of these, a 200,000 square feet of the clubhouse boasts varied kinds of facilities in response to a myriad of needs. Fitness centers and spa services; fine dining opportunities; event spaces’ facilitation caters to every need of the homeowner.
The residential towers shall also have private elevators, smart home systems, concierge services and high end security so that lifestyle converges with global standards of luxury stay.
Target Group and Market Presence
With this project, DLF is directly aiming at growing billionaires and multi-millionaires in India, thereby targeting those looking for ultra-luxurious residences that are exclusive. This development addresses not just the quest for space and amenities but also the prestige of owning property in one of the country’s most elite locales for families and individuals.
Contenders to India’s Costliest Properties
In luxury real estate, the Dahlias will be at par with those properties like Oberoi Realty’s 360 West in Mumbai. Sales of DLF The Dahlias are going to be close in value to those premium properties, adding up considerably to India’s high-end real estate market.
DLF will offer world-class amenities, such as a 200,000 sq. ft. clubhouse, private elevators, and concierge services, to provide the ultimate luxury experience for the affluent buyer.
Setting a New Benchmark
A flagship DLF project, the Dahlias project is sure to reorient the luxury landscape in India. DLF is positioning Gurugram as the new epicenter of luxury living in India and at a price that outstrips most high-end properties in cities like Mumbai and Delhi, by offering apartments.
Gurugram itself has undergone a sea change over the last few decades to become one of the premium residential and commercial destinations in the country, with many of India’s wealthiest families, corporate honchos, and entrepreneurs fighting for addresses there. Projects like The Dahlias will consolidate that yet further as a prime destination for high-end living.
DLF’s credentials in Luxury Real Estate
DLF has been there in the high-end portfolio. In fact, DLF 5 is one of such a series in ultra-luxurious offerings like The Crest, The Aralias, and The Magnolias, and it has already guaranteed its position in India as one of the most exclusive residential addresses.
This project will be based on the goodwill of DLF after the success of The Camellias, which was priced at ₹ 22,500 per sq. ft. and can now be sold between ₹ 65,000 and ₹ 85,000. A 10,000 sq. ft. apartment in The Camellias has just been sold for ₹ 95 crore. Rentals for unfurnished apartments start at ₹ 10.5 lakh per month and furnished units go for up to ₹ 14 lakh.
With The Dahlias, DLF will create a further generation of luxury homes poised to expand its portfolio to reach that section of the market which demands more exclusive, larger, and better-appointed homes.
Conclusion
With DLF The Dahlias, India’s real estate market has witnessed its landmark movement, especially within the high-ticket segment. Since the richest families and individuals of the country never cease looking for world-class spacious homes, the demand will grow in years to come. In conclusion, This project, after all, is not just a residential development but a symbol of the growing aspiration of India’s high net worth class and the potential for India competing with the most exclusive real estate markets in the world.
