100 Crore Apartments: DLF to launch India's costliest project in Gurugram | personal finances

So far, the most expensive real estate project in India in terms of sales price is the luxury complex 360 West in Worli, Mumbai, developed by Oberoi Realty, Propequity reports.

The sale price of DLF The Dalias is equal to the combined sale price of Oberoi Realty in Mumbai, DLF Camellias in Gurugram and Three Sixty West in Naman Jana, Mumbai. The initial size of the apartment is 9,500 sq m.

• DLF Dalias will cover an area of ​​17 acres and will consist of 29 floors with approximately 400 super-luxury residences.

• These residences will range in size from 9,500 to 16,000 square feet, with an average size of 11,000 square feet.

• Prices will start from 80,000 sq ft and the average ticket price will be around Rs 100 crore.

• The clubhouse will have an area of ​​approximately 2,00,000 square feet, which is twice the size of the one at Camellias

“With the launch of this much-awaited project, DLF aims to set new standards for luxury living in India by offering state-of-the-art amenities to its residents. With this project, DLF will make history in the Indian real estate market, making it the largest and costliest residential project in India,” said Sameer Jasuja, Founder and CEO, PropEquity.

Gurugram has overtaken Delhi and Mumbai, two of the world's most expensive real estate markets.

Below is a list of other most expensive projects in India:

This is the sales implementation of each project by developers over the years since its premiere. These are current and future sales projects, as some projects have not been fully sold yet

With a strategic focus on NRI sales, DLF has seen its NRI investment increase from 3% in FY 2020-21 to 23% in FY 2023-24 and has built a loyal clientele of ultra-affluent Indians living abroad and in the NCR.

“It has also achieved this by developing these communities, ensuring the development of their high-value, super-luxury projects, providing residents with 7-star hospitality services and providing the best possible view of the world-famous Gurugram Golf Course. These projects also include clubhouses with extensive amenities and world-class 5-star Dwarf hotels,” PropEquity said in a note

Over the last 5 years, DLF has had a 25% market share in the ultra-luxury segment (properties with ticket prices above Rs 25 crore) across India. First publication: October 10, 2024 | 12:48