DLF Sells 221 Super Luxury Flats Worth ₹16000 Crore In Gurugram Project

Gurugram’s luxury housing segment is witnessing a remarkable surge, as real estate developer DLF Ltd has recorded nearly ₹16,000 crore in sales from its super-luxury project, The Dahlias, signalling sustained demand for high-end urban living amid a recovering housing market.

Located within the prime DLF Phase 5 enclave, The Dahlias spans 17 acres and includes 420 apartments and penthouses designed for exclusive urban lifestyles. The developer’s latest investor presentation revealed sales bookings worth ₹15,818 crore up to the September quarter, with 221 units already sold   averaging around ₹72 crore per apartment.

Industry experts note that the project’s success underscores a growing preference for branded, high-quality housing with sustainability, security, and comfort at its core. “Buyers are now viewing real estate as a stable long-term asset offering wellness and environmental value, not just luxury,” said a senior analyst.In a striking example of the demand, a Delhi-NCR-based entrepreneur recently purchased four adjoining apartments, totalling 35,000 sq ft of super area, for ₹380 crore   among the most expensive residential transactions in India this year.

DLF’s leadership has attributed this robust performance to its strategic focus on premium developments following the success of The Camellias in the same micro-market. The company’s total pre-sales for the April–September 2024 period stood at ₹15,757 crore, more than double the figure recorded during the same period last year. With upcoming launches, including a high-value residential project in Goa, DLF expects to comfortably achieve its annual sales target of ₹20,000–22,000 crore.

However, despite record bookings, the company’s consolidated net profit declined by 15 per cent to ₹1,180 crore in the second quarter of FY2024–25, primarily due to lower operating revenues. Total income, nonetheless, rose to ₹2,261 crore, supported by gains in other income streams.Market observers believe that the appetite for premium residences in Gurugram is being driven by the city’s maturing infrastructure, global connectivity, and evolving corporate ecosystem. The demand for “walk-to-work” luxury and sustainable living spaces  equipped with energy-efficient systems, green landscapes, and urban wellness amenities   reflects a shifting urban aspiration post-pandemic.

DLF, India’s largest real estate company by market capitalisation, has so far developed more than 185 projects covering over 352 million sq ft, with another 280 million sq ft in the pipeline across residential and commercial segments. As the developer continues to leverage its extensive land reserves, its projects are increasingly being aligned with low-carbon and resource-efficient design principles  setting a benchmark for sustainable luxury housing in Indian cities.

DLF Sells 221 Super Luxury Flats Worth ₹16000 Crore In Gurugram Project