Realty major DLF is set to launch India’s most expensive residential project in Gurugram, aiming to capitalize on the strong demand for premium homes.
DlfUltraluxuryReal EstateGurugramHighnetworthReal Estate NewsNov 04, 2024
DLF's new project in Gurugram is an ultra-luxury residential development, set to be the costliest in India. The project will feature state-of-the-art amenities and is designed for high-net-worth individuals and families.
DLF is investing approximately ₹8,000 crore in developing the ultra-luxury residential project in Gurugram.
Gurugram is chosen for the project due to its rapid urbanization, robust infrastructure, and high demand for premium homes, making it an ideal location for an ultra-luxury real estate development.
The project will include a range of luxury amenities such as private gardens, infinity pools, spas, and high-end security systems.
The target audience for the project includes high-net-worth individuals, corporate executives, and families seeking a premium lifestyle.
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The income tax investigation unit in Hyderabad has conducted raids at various locations associated with the Anvitha Real Estate Group, suspecting tax evasion. The group is involved in real estate projects in Abu Dhabi, the United States, and Kollur, Hyder
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Industry leaders welcome the amendment introduced by Finance Minister Nirmala Sitharaman, providing taxpayers with the option to choose between a 12.5% LTCG rate without indexation or a 20% rate with indexation for properties acquired before July 23, 2024