Golf Course Road Sets New Real Estate Records: From ₹10 Crore to ₹190 Crore
Golf Course Road in NCR has witnessed record-breaking real estate deals, with luxury penthouses fetching up to ₹190 crore. Monthly rentals in premium projects have more than doubled, reflecting the growing demand for high-end housing.
Luxury HousingReal EstateNcrHigh Networth IndividualsProperty MarketReal Estate NewsSep 22, 2025
High-profile deals highlight growing demand for luxury housing:
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. Sukhpal Ahluwalia told Business Standard: “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.”
Rishi Parti, director at Info-x Software Technology Pvt Ltd, acquired a 16,000 sq. ft. penthouse in The Camellias for ₹190 crore in December 2024.
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.
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, said Abhishek Kiran Gupta, CEO and co-founder, CRE Matrix and IndexTap.com.
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, ultra-high-net-worth individuals (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.
Rentals keep pace with property appreciation:
The Aralias: ₹2.6 lakh/month → ₹6 lakh
The Magnolias: ₹3.7 lakh → ₹9 lakh
The Camellias: ₹12–16 lakh/month, among the highest in India
DLF Dahlias sets new benchmarks:
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: 16,000–19,000 sq. ft.
Standard units: Starting 9,800 sq. ft.
Clubhouse: 350,000 sq. ft., more than double The Camellias’ 160,000 sq. ft. facility
Rajesh Ojha, Founder & CEO, 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.”
Why Golf Course Road is a magnet for luxury buyers:
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 price paid for a property in The Camellias?
The highest price paid for a property in The Camellias was ₹190 crore for a 16,290 sq. ft. penthouse in December 2024.
Who purchased the ₹100 crore apartment in The Camellias in August 2025?
Sukhpal Singh Ahluwalia, a British businessman and leader of Dominvs Group, purchased the ₹100 crore apartment in The Camellias in August 2025.
What is the average price per unit for DLF’s latest project, The Dahlias?
The average price per unit for DLF’s latest project, The Dahlias, is ₹75 crore, with some units reportedly fetching up to ₹150 crore.
Why are UHNIs preferring gated condominiums over standalone bungalows post-Covid?
Post-Covid, UHNIs increasingly prefer gated condominiums over standalone bungalows because these provide access to a wide range of facilities within the premises.
What percentage of luxury house sales in the top seven cities are in Delhi NCR?
Delhi NCR accounted for around 57 per cent of total luxury house sales in the top seven cities during the first half of 2025.
Related News Articles
Real Estate Market Sees Gains Amid Positive Trend
Real Estate stocks rise as S&P BSE Realty Index gains 0.96% at 8117.27
Makers of 'Burj Khalifa' Enter Mumbai with Ultra-Luxury Villa Project
The real estate market in Maharashtra is set to witness a significant transformation with the launch of 'The Casa Venero,' an ultra-luxury villa project by the makers of the world-renowned Burj Khalifa.
Kanakapura Road: Bangalore's Emerging Eco-Friendly Real Estate Hub
Kanakapura Road in Bangalore is rapidly transforming into a sought-after real estate hotspot, with many residential projects emphasizing eco-friendly living. Green initiatives, landscaped gardens, and proximity to nature are key features attracting homebu
Maharashtra: Real Estate Sectors Anticipates Revolutionary Changes with New Government
The real estate sector in Maharashtra is buzzing with optimism as the newly formed government is expected to introduce transformative policies that could unlock significant growth and development in the industry.
Wakad and Wagholi in Pune Witness Significant Real Estate Price Growth
Pune's real estate market has seen impressive growth, with Wakad and Wagholi leading the way. Wakad, a prime area, recorded a 27% price increase, while the peripheral area of Wagholi saw a staggering 37% growth.
Hiranandani Group Makes Strategic Entry into Pune's Real Estate Market with Landmark Deal
The Hiranandani Group, one of India's leading real estate developers, has officially entered the vibrant real estate market of Pune by partnering with Krisala Developers on a significant 105-acre project.