Golf Course Road Sets New Real Estate Benchmarks: From ₹10 Cr to ₹190 Cr Deals
Over the past five years, property prices and rentals along Golf Course Road have surged dramatically, solidifying its status as the epicenter of luxury real estate in India. Here's a detailed look at the record-breaking deals and the factors driving this boom.
Luxury Real EstateHighnetworth IndividualsNcr PropertyThe CamelliasGolf Course RoadReal EstateSep 22, 2025
High-profile deals have been a hallmark of the region, attracting both domestic and international buyers. In August 2025, British businessman Sukhpal Singh Ahluwalia purchased an 11,416 sq. ft. apartment at The Camellias for ₹100 crore. Ahluwalia, who previously sold Euro Car Parts, now leads Dominvs Group, a London-based real estate and hospitality firm. Speaking to Business Standard, Ahluwalia said, “I'm delighted to have purchased this spectacular property in The Camellias. It'll provide a wonderful base in India as I spend significantly more time on the ground.”
Another significant transaction occurred in December 2024 when Rishi Parti, director at Info-x Software Technology Pvt Ltd, acquired a 16,000 sq. ft. penthouse in The Camellias for ₹190 crore. This deal further underscored the region’s appeal to high-net-worth individuals (HNIs).
In October 2023, Smiti Agarwal, director at Wesbok Lifestyle Pvt Ltd and wife of V Bazaar's CMD Hemant Agarwal, bought an apartment in The Camellias for ₹100 crore. The 11,000 sq. ft. unit was sold by a Singapore-based NRI, reflecting the international appeal of this luxury development.
According to Abhishek Kiran Gupta, CEO and co-founder of CRE Matrix and IndexTap.com, “When we talk luxury housing in India, it’s only Mumbai and Delhi NCR. Once again, the transaction reaffirms the same. Luxury housing transactions continue to stay buoyant, clearly indicating the wealth creation among corporate CXOs in the last 3-4 years; they are not shying from flaunting their wealth; real estate continues to be the top investment and aspirations choice among the wealthy Indians.”
The deals come at a time when DLF has been witnessing strong traction among NRIs and HNIs for its luxury housing projects. Recently, the NCR-based realty major announced securing sales worth Rs 11,000 crore in its Privana North luxury project in Gurugram. Real estate experts say that post-Covid, UHNIs increasingly prefer gated condominiums over standalone bungalows, as these provide access to a wide range of facilities within the premises.
A recent report by CBRE and Assocham noted that sales of luxury houses priced at Rs 4 crore and above rose 85 per cent year-on-year to over 7,000 units in the top seven cities during the first half of 2025 (H1 2025). Of this, Delhi NCR accounted for around 57 per cent of total sales.
Rental yields are mirroring soaring property prices. The Aralias saw rents rise from ₹2.6 lakh/month to ₹6 lakh, The Magnolias from ₹3.7 lakh to ₹9 lakh, and The Camellias commanding rents of ₹12–16 lakh/month, among the highest in India.
DLF’s latest launch, The Dahlias, sold 173 apartments in just nine weeks, averaging ₹75 crore per unit, with some units reportedly fetching up to ₹150 crore. The project includes 15 penthouses/duplexes ranging from 16,000 to 19,000 sq. ft., and standard units starting at 9,800 sq. ft. The clubhouse spans 350,000 sq. ft., more than double The Camellias’ 160,000 sq. ft. facility.
Rajesh Ojha, Founder & CEO of Infinity Investments, said, “Golf Course Road is no longer just a luxury address; it has evolved into one of the most resilient asset classes in NCR. Demand is largely end-user driven, with HNIs, business leaders, expats, and diplomats competing for a very limited supply. This scarcity factor, coupled with lifestyle appeal and brand value of developers like DLF, ensures capital appreciation and rising rentals even when other markets face headwinds.”
The corridor’s limited supply, prime location, and brand-driven developments have created a perfect storm for luxury real estate appreciation. Marquee projects with high-end amenities, expansive clubhouses, and ultra-spacious units continue to draw wealthy end-users, reinforcing Golf Course Road as the benchmark for India’s luxury property market.
Frequently Asked Questions
What is the highest recorded property sale on Golf Course Road?
The highest recorded property sale on Golf Course Road was a 16,290 sq. ft. penthouse at The Camellias, which sold for ₹190 crore in December 2024.
Who are some notable buyers in the area?
Notable buyers include British businessman Sukhpal Singh Ahluwalia, who purchased an 11,416 sq. ft. apartment for ₹100 crore, and Rishi Parti, director at Info-x Software Technology, who bought a 16,000 sq. ft. penthouse for ₹190 crore.
How have rental prices changed in the area?
Rental prices have surged significantly. For example, The Aralias saw rents rise from ₹2.6 lakh/month to ₹6 lakh, and The Camellias now commands rents of ₹12–16 lakh/month.
What new project has DLF launched recently?
DLF recently launched The Dahlias, which sold 173 apartments in just nine weeks, averaging ₹75 crore per unit, with some units reportedly fetching up to ₹150 crore.
Why is Golf Course Road a magnet for luxury buyers?
Golf Course Road is a magnet for luxury buyers due to its limited supply, prime location, and brand-driven developments with high-end amenities, expansive clubhouses, and ultra-spacious units.
Related News Articles
Congress Demands Indexation Benefits for Stocks, FDs After Real Estate Relief
Congress urges government to extend indexation benefits to stocks, fixed deposits and other forms of savings, not just real estate. Says middle class needs more relief.
Unleashing the Future of Real Estate in Southern India: SOUTHCON 2024
The Confederation of Real Estate Developers’ Associations of India (CREDAI) hosts SOUTHCON 2024, a prestigious event to promote collaboration, innovation, and sustainable development in the real estate sector of Southern India.
Heavy Rainfall Wreaks Havoc in Gujarat, Mumbai Experiences Overcast Conditions
Gujarat on red alert as rain pounds state, Mumbai sees overcast conditions, heavy rainfall warning issued
Indian Real Estate Sees Record High Foreign Investment of USD 11.4 Billion in 2024
In a significant milestone, the Indian real estate sector witnessed an unprecedented surge in foreign investment, recording an all-time high of USD 11.4 billion in 2024. This represents a 54% increase from the previous year, according to a recent report.
Redsun Properties Struggles to Meet $350 Million Bond Payment Due Next Week
A prolonged property market downturn in China has significantly impacted developers' financial stability, leading to mounting debt issues.
Grahm: Revolutionizing Real Estate with Credvest's Backing in Bengaluru
Grahm, a groundbreaking real estate advisory platform, has launched in Bengaluru with the backing of Credvest. The platform aims to capture 10% of the residential real estate market share over the next three years, expanding its presence in cities like Pune, Ahmedabad, Jaipur, and Lucknow.