India’s most expensive residential area to be developed in this city, price of flats to be…

DLF is building India’s most expensive super-luxury high-rise condominium, DLF The Dahlia on Golf Course Road in Gurugram.

India’s Most Expensive Residential Area: Buying a house for the family is everyone’s dream. People in India often go beyond their budget to fulfill this dream. Houses are also a symbol of luxury. Considering this, DLF is developing the country’s most expensive super-luxury high-rise condominium—DLF The Dahlia. The location where DLF The Dahlia is being developed is on Gurugram’s Golf Course Road.

DLF The Dahlias: The Cost Of The Project

The massive project is valued at Rs 34,000 crore, making it 2.5 times more expensive than any other residential project in the country.

The Dahlias Spanning 17 Acres

The Dahlias is spread over 17 lush acres and features imposing 29-story towers. These towers will be home to 400 luxury apartments ranging in size from a generous 9,500 to a sprawling 16,000 square feet. Keeping in line with the luxury theme, The Dahlias also plans to house an impressive clubhouse, nearly 200,000 square feet big. Interestingly, this proposed clubhouse is roughly double the size of the one at The Camellias.

Average Price Around Rs 100 Crore

The pricing for these lavish homes will kick-off at Rs 80,000 per square foot, averaging to around Rs 100 crore, according to PropEquity. The Times of India made a comparison, citing PropEquity, stating that the market valuation of DLF The Dahlias is on par with the total worth of Oberoi Realty’s Three Sixty West in Mumbai, DLF The Camellias in Gurugram, and Naman Xana in Mumbai.

DLF’s The Camellias

Earlier, DLF developed The Camellias, which is one of India’s most expensive residential properties. The project cost was Rs 13,200 crore, according to Moneycontrol. DLF sold a 10,000 sq. ft. apartment for Rs 100 crore in October 2023, according to Economic Times. The average monthly rent of a 11,000 sq. ft. apartment at The Camellias is around Rs 18 lakh, Hindustan Times reported.

India’s Most Expensive Real Estate Projects

Based on sales value, the country’s most expensive real estate project is Oberoi Realty’s Three Sixty West, located in Mumbai’s Worli, as per Business Standard. A Flat in Three Sixty West Sold for a whooping Rs 115 Crore.

In September, a flat in Three Sixty West was sold for Rs 115 crore at a rate of Rs 1.62 lakh per sq. ft, The Economic Times reported.