DLF's Luxurious Privana North Sells Out in a Week, Raking in ₹11,000 Crore
DLF Ltd, India's largest listed real estate firm, has sold out its DLF Privana North project in Gurugram within a week, highlighting the robust demand for luxury housing in India's top markets.
Luxury HousingDlfReal EstateGurugramHighnetworth IndividualsReal Estate NewsJun 18, 2025
The project, part of the company’s larger 116-acre township DLF Privana in sectors 76 and 77, Gurugram, offers 1,152 four-bedroom apartments and 12 penthouses spread across 17.7 acres. With apartments priced at an average of ₹9.5 crore and penthouses at ₹25 crore, the rapid absorption signals a continued appetite among affluent domestic and non-resident Indian (NRI) buyers for high-end, master-planned communities.
The robust sales follow similar sellouts at DLF Privana West and Privana South, which collectively clocked sales worth ₹12,800 crore last year. This latest launch cements DLF’s position as the dominant player in Gurugram’s luxury housing segment, even as it eyes expansion into new, more competitive markets like Mumbai and Goa later this fiscal year.
“The strong sales response reflects a clear, latent demand for DLF offerings, driven by the success of our past projects. We saw interest from buyers across India and around the world. This success also speaks to the strength of the larger community we are building, continuing the legacy of DLF 5 as a benchmark for luxury, master-planned living,” Aakash Ohri, joint managing director and chief business officer of DLF Home Developers Ltd, said in a statement.
“Privana is our answer to the growing demand from discerning buyers, in India and abroad, who seek future-ready, thoughtfully designed communities,” Ohri added.
DLF’s strong momentum mirrors a broader surge in luxury housing demand across India’s top cities, fueled by rising disposable incomes, a swelling pool of high-net-worth individuals, and increased allocation toward real estate amid limited high-yield alternatives. In the January-March quarter this year, 1,930 housing units priced at ₹4 crore and above were sold across India, marking a 28% year-on-year increase, according to property advisory CBRE. Delhi-NCR accounted for the largest share of these sales, followed by Mumbai.
The developer reported record sales bookings of ₹21,223 crore in FY25, up 44% from ₹14,778 crore the previous year. It has guided for sales of ₹20,000–22,000 crore in FY26, banking on a pipeline that includes the next phase of its super-luxury The Dahlias project in Gurugram as well as launches in Mumbai and Goa.
In FY25, DLF had launched its super luxury project The Dahlias, which clocked around ₹13,744 crore of sales bookings in the last fiscal.
Frequently Asked Questions
What is DLF Privana North?
DLF Privana North is a premium residential project in Gurugram, offering 1,152 four-bedroom apartments and 12 penthouses spread across 17.7 acres. It is part of DLF's larger 116-acre township DLF Privana.
How much did the apartments and penthouses in DLF Privana North cost?
The apartments in DLF Privana North were priced at an average of ₹9.5 crore, while the penthouses cost ₹25 crore each.
What other projects has DLF launched recently?
DLF has recently launched several projects, including DLF Privana West and Privana South, which collectively clocked sales worth ₹12,800 crore last year. Additionally, they launched the super luxury project The Dahlias in Gurugram, which clocked around ₹13,744 crore of sales bookings in FY25.
What is the market trend for luxury housing in India?
The luxury housing market in India is experiencing a surge, driven by rising disposable incomes and a growing pool of high-net-worth individuals. In the January-March quarter of 2023, 1,930 housing units priced at ₹4 crore and above were sold across India, marking a 28% year-on-year increase.
What are DLF's future plans for luxury housing?
DLF plans to expand its luxury housing portfolio into new, more competitive markets like Mumbai and Goa. They have guided for sales of ₹20,000–22,000 crore in FY26, including the next phase of The Dahlias project in Gurugram and new launches in Mumbai and Goa.
Related News Articles
India's Affordable Housing Crisis: New Supply Plummets 38% in Top 8 Cities
Rising real estate prices and increasing construction costs are making affordable housing projects less profitable for developers
RIL Takes a Giant Leap towards Building a Global Economic Hub
Reliance Industries Ltd (RIL) is moving forward with its ambitious plan to create a global economic hub, with a recent sub-lease deed registration marking a significant milestone.
Puravankara Sees Significant Growth in Q1 FY25 with Rs 14.78 Crore Profit
Puravankara's impressive Q1 FY25 results, Bengaluru-based real estate developer, Ashish Puravankara
Pune Real Estate Market Sees Significant Boost as Prestige Exora Business Parks Buys 4.57-Acre Land Parcel for ₹200 Crore
Pune real estate market witnesses a 25% year-on-year increase in property registrations in July 2024. Prestige Exora Business Parks buys 4.57-acre land parcel in Kharadi for ₹200 crore.
Farewell to Udhayam Theatre: A Cherished Landmark of Chennai's Film History
After four decades of hosting some of the most memorable film releases, Udhayam Theatre in Chennai will soon make way for a new residential complex. The last film to be screened was 'Pushpa 2', but the theatre's legacy will live on in the hearts of its de
Luxury Home Sales Surge 53% in 2024: CBRE Report
According to the latest report by CBRE, the luxury home market in India has seen a significant surge, with sales of homes priced Rs 4 crore and above increasing by 53% in 2024. Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & Afri