DLF to Launch Super Luxury Apartments in Gurugram

Introduction

The strong demand for Luxury Apartments in Gurugram has been demonstrated by real estate giant DLF’s exceptional sales success. The company said its latest luxury project, DLF Privana West, was completely sold out within three days of its launch. This remarkable feat underlines the continued attractiveness of Gurugram’s premium residential market.

Table of Contents

• DLF Privana West has Luxury Apartments in Gurugram
• Super Luxury Apartments in Gurugram
• There Will Be 420 Super Luxury Apartments
• DLF is Planning to Launch the Goa Project

Delhi Land & Finance (DLF) Limited is a commercial real estate development company based in New Delhi, India. Following the success of Gurugram’s super-luxury residential project, listed real estate developer DLF Ltd, The Camellias, DLF Home Developers Ltd, Joint MD, and Chief Business Officer Akash Ohri told Openplot that he is planning to launch The Camellias 2, which has a sales potential of Rs 25,000 crores.

DLF Privana West Has Luxury Apartments in Gurugram.

DLF Privana West has around 800 Luxury Apartments in Gurugram. According to the company’s regulatory filing, the total sales value is around Rs. 5,590 crores, which is said to have crossed. This indicates the project’s positioning in the high-end segment of the Gurugram property market. The average per apartment is Rs. 6.5 crores, which translates to a price tag of. Each apartment in The Camellias 2 is priced at Rs 50 crore.

Super Luxury Apartments in Gurugram

Underlines DLF’s confidence in the growing demand for high-end real estate housing in Gurugram. The project will have a wide range of apartments from 9,500 to 15,000 square feet. Promising an unparalleled living experience to discerning buyers. But Gurugram, real estate is on the rise. As a result, properties are being sold in huge numbers. There are many luxury apartments in Gurugram.

Ohri says The Camellias 2, which the company also addresses as “Lux 5“, are super-luxury residences and an ‘inviting property’. This means buyers can buy apartments in this project only on an invitation basis. The developer reviews the customer profile before selling the unit. DLF plans to sell the units in phases to ensure quality control and maintain exclusivity.

Camellias 2 project in DLF Phase-5 is spread over 17 acres of prime land with an area of ​​around 5 million sq ft. The project has introduced more amenities and world-class facilities. If you want to experience all the luxury life, it is only possible with super luxury apartments. To experience this experience, one has to invest in Camellias 2 Project DLF Phase-5.

Bookings for a new luxury housing project in Gurugram were completed in 3 days. DLF reported last week that 795 apartments were sold for Rs 5,590 crore. The project, named ‘DLF Ultima,’ offers state-of-the-art amenities and is in a prime location in Gurugram. The quick sell-out reflects the strong demand for high-end residential properties in the area.

There Will Be 420 super-luxury Apartments

“We plan to launch Lux5 or The Camellias 2 in DLF Phase 5 in the third quarter of FY 2024–25. The project will have around 420 super luxury apartments. Apartments range from 5,000 to 7,000 square feet and offer state-of-the-art amenities and facilities to meet the discerning needs of our residents” Ohri said.

The project’s location has been strategically chosen to provide easy access to key areas of the city and ensure a premium living experience. The project will have green landscapes and recreational areas to enhance the residents’ overall lifestyle. The design and architecture of Lux5 or The Camellias 2 reflect a blend of modern aesthetics and timeless elegance.

We will start and sell this project in two or three phases. Allowing apartments in a phased manner. This ensures quality control throughout the project. By breaking it down into smaller segments, we can also adapt to market changes and buyer feedback. This strategy helps to spread the financial burden and reduce the risks of starting a large-scale project at once.

The project’s success highlights buyers’ confidence in DLF’s reputation for quality and excellence in real estate development. With such rapid sales, it is evident that luxury housing continues to be a lucrative market in Gurugram. DLF reported a 61.5 per cent jump in its net profit to Rs 921 crore for the quarter ended March 31, 2024, on May 13.

The company posted a net profit of Rs 570 crores in the year-ago period, the firm said in a regulatory filing. The company’s net profit for the financial year 2023-24 is Rs. 2,733 crores. This reflects 33 percent year-on-year growth. DLF’s revenue also rose nearly 47 percent year-on-year in the January-March quarter to Rs. 2,135 crores. In Q4 FY23, the company reported Rs. 1,456 crores.

DLF is Planning to Launch the Goa Project

DLF will launch another “by invitation” project in Goa: 62 super-luxury villas on a 38-acre hillside overlooking the Mandavi River in Panjim. The project is planned to be commissioned in August 2024. Each villa has its private pool and garden. The villas offer amenities such as access to exclusive amenities such as a clubhouse, spa, and concierge services.

Breathtaking views of the landscape around the river are particularly visible. The project is expected to cater to a high-end clientele looking for a luxurious retreat in a serene and picturesque setting. With only 62 villas available, interested buyers are advised to register their interest early to secure their dream home in this exclusive development.

Conclusion

DLF group launched Super Luxury Apartments in Gurugram. The new project is set to redefine luxury living in the city with state-of-the-art amenities and unparalleled design. Anticipated to be a highly sought-after development. These super-luxury apartments are expected to set a new standard in the real estate market.

With DLF’s reputation for delivering high-quality projects, these super-luxury apartments are likely to attract buyers looking for ultimate luxury living. The project is expected to offer a unique blend of sophistication, convenience and exclusivity to appeal to those seeking a premium lifestyle in Bangalore.

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