DLF, a prominent real estate developer, sells 795 apartments in ‘DLF Privana West’, Gurugram luxury flats, for Rs 5,590 crore within three days of launch. This success parallels the sale of 1,113 luxury apartments in ‘DLF Privana South’, totaling Rs 7,200 crore earlier this year. The project, within the ‘DLF Privana’ township, garners substantial interest from NRIs, indicating strong demand in Gurugram’s housing market.
DLF, the real estate giant, declares the full sale of 795 apartments within three days of launching its latest Gurugram luxury flats housing project, ‘DLF Privana West,’ in Gurugram. The project achieves a remarkable sellout worth around Rs 5,590 crore, according to the company’s regulatory filing.
DLF Gurugram Luxury Flats Sale: A Testament to Market Dominance
DLF Privana West: Setting New Benchmarks in Luxury Housing
DLF Gurugram luxury flats sale shares, amidst BSE Sensex dropping over 500 points intraday, traded positively with slight gains. Opening at Rs 864.30 on BSE, they peaked at Rs 871.15 by 11:10 am.
Spanning 12.57 acres, ‘DLF Privana West’ is within the 116-acre ‘DLF Privana’ township in Sector 76 and 77. This achievement follows the company’s earlier success with ‘DLF Privana South,’ selling 1,113 Gurugram luxury flats apartments for Rs 7,200 crore within three days in January.
Aakash Ohri, DLF Home Developers Ltd’s Joint Managing Director and Chief Business Officer, voiced contentment with the project’s remarkable response. He emphasized substantial NRI participation in purchasing a significant portion of the apartments.
Reflecting on the company’s vision, Ohri stressed DLF’s dedication to crafting integrated Gurugram luxury flats living spaces amid verdant surroundings, meeting evolving homebuyers’ lifestyle preferences.
Gurugram’s real estate market experiences strong demand for residential properties, resulting in significant price increases. However, demand remains resilient, indicating continued buyer interest in the region’s real estate options.
India’s housing market, especially in the top seven major cities, exhibits notable resilience post-COVID-19, driven by pent-up demand and increasing aspirations for owning homes.
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DLF Gurugram luxury flats sale, India’s top real estate developer by market capitalization, boasts an extensive portfolio and market dominance. With 158 completed projects and 340 million square feet developed, the group holds a prominent industry position. Moreover, it has a future development potential of 215 million square feet across residential and commercial segments, along with an annuity portfolio surpassing 42 million square feet.
DLF Limited, India’s largest real estate developer, declares the complete sellout of its latest luxury project, DLF Privana West, situated in Gurugram. With 795 apartments valued at around Rs 5590 crore, the project sold out entirely within three days. Earlier in January, the company sold 1,113 luxury apartments in Gurugram for Rs 7,200 crore within three days of launching its project ‘DLF Privana South,’ spanning 25 acres.
Key Points:
Location: Gurugram, in Sector 76 and 77
Size: Approximately 12.572 acres (5 hectares)
Part of: “DLF Privana” integrated development spanning about 116.296 acres (47 hectares)
Number of Units: 795 residences in 5 towers
Apartment Types: 4 BHK apartments and penthouses
Unique Selling Points:
– Each 4 BHK unit includes three car parks
– Penthouses feature four car parks
– Offers picturesque views of the Aravali Range
– Close proximity to an upcoming Safari Park
Catering to Discerning Homebuyers: DLF’s Gurugram luxury flats sale Approach to Luxury Living:
“Privana West’ marks the next phase in this narrative, crafted to meet the discerning demands of homebuyers seeking spacious, lavish residences in a dynamic, well-connected community. The project garnered international interest, with a notable segment of buyers being esteemed NRIs. Renowned for its commitment to delivering meticulously planned, integrated ecosystems, DLF has once again set new standards with Privana West. Leveraging its extensive experience and expertise, Privana West excels in location, amenities, luxury features, modern infrastructure, and connectivity. Additionally, residents will benefit from the conveniences and comforts provided by the DLF ecosystem, addressing the evolving needs of contemporary families,” stated Aakash Ohri, Jt. Managing Director and Chief Business Officer, DLF Home Developers Ltd.
DLF has stepped up its interaction with NRI customers, providing customized services and 24/7 assistance to accommodate different time zones. Initiatives like dedicated inventory allocation and synchronized project launches globally have boosted NRI sales, rising from around 5% to almost 20% in just two years.
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