Info-x Software Technology Pvt Ltd has bought a luxurious 16,000 sq ft penthouse at DLF’s exclusive The Camellias in Gurugram for ₹190 crore. The deal, finalized on December 2, also involved a hefty ₹13 crore in stamp duty, according to documents accessed through CRE Matrix, a real estate data analytics firm.
This acquisition follows a growing trend of high-value real estate transactions in India, particularly in the luxury sector. The penthouse was purchased at ₹120,000 per square foot, one of the highest prices in the country for a residential property. The deal also highlights the increasing liquidity in India’s economy and the rising demand for ultra-luxury properties. Ashwin Chadha, CEO of India Sotheby’s International Realty, noted that the economic growth in India has allowed top business leaders to make significant investments in high-end real estate, with this trend being evident across major cities.
The Camellias, located on Golf Course Road in Gurugram, has become a hotspot for India’s elite. This project, known for its ultra-luxury amenities, is home to several high-profile buyers, including Aman Gupta, founder of BoAt, and JC Chaudhry, founder of Aakash Educational Services. In fact, many business leaders and startup founders have chosen to invest in The Camellias, further cementing its status as one of the most coveted residential complexes in India. With luxury real estate prices surging in both Gurugram and Delhi’s upscale neighborhoods, the price of high-end properties in these areas is now on par with Mumbai’s prestigious locales. The ongoing trend of high-value transactions, such as Info-x’s recent purchase, showcases the growing appeal of luxury properties in the country’s expanding economy.
