₹100 Crore Gurgaon apartment sale stuns market. All you need to know
1 year, 2 months ago

₹100 Crore Gurgaon apartment sale stuns market. All you need to know

Live Mint  

The Gurgaon real estate community is buzzing with news of a substantial Rs100-crore transaction involving a 10,000 square feet apartment at The Camellias by DLF on Golf Course Road, The Economic Times reported. “There is a huge demand for apartments at DLF Golf Links since most startup founders, senior executives of MNCs, and businessmen prefer to live here because of the unmatched amenities and ecosystem,” ET reported Amit Goyal, managing director, India Sotheby’s International Realty as saying. The notable increase in luxury real estate costs in Gurgaon and affluent areas of Delhi has elevated the prices of high-end apartments in the southwestern suburb and mansions in the Lutyens zone, now rivalling the rates seen in Mumbai's prestigious neighbourhoods, where the cost per square foot has exceeded Rs1 lakh. Within the National Capital Region, which encompasses Delhi and its neighboring areas like Noida and Gurgaon, real estate professionals are currently making parallels between The Camellias and Delhi's prestigious Lutyens zone.

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