Gurgaon Sees Massive Real Estate Transactions: Four Apartments Worth Rs 270 Crore Registered at The Camellias
Gurgaon has witnessed four significant apartment deals at DLF's The Camellias, totaling over Rs 270 crore. These transactions, which include penthouses and apartments, highlight the city's growing prominence in the luxury real estate market.
Real EstateLuxury ApartmentsGurgaonDlfThe CamelliasReal EstateNov 09, 2025
The properties, which collectively span over 35,000 square feet, were purchased by a diverse group of buyers, including a Gurgaon-based developer, the founder of a fashion accessories manufacturing firm, a member of the DLF family, and a businessman. Each of these transactions has its own unique story, reflecting the varying timelines and market conditions that influenced the deals.
One of the most notable purchases was a 14,000 square foot penthouse bought by a member of the DLF family in August 2015 for Rs 59 crore. Despite the initial purchase price, the current market value of this property is estimated to be over Rs 200 crore, reflecting the significant appreciation in property values in Gurgaon over the past few years. Similarly, the founder of a fashion accessories manufacturing firm acquired a 13,000 square foot penthouse for Rs 51 crore in August 2021. The current market value of this penthouse is believed to be in the range of Rs 180 to 200 crore, further highlighting the rapid growth in property values.
The other two properties include a 9,400 square foot apartment purchased by a developer for Rs 95 crore and a 7,300 square foot apartment bought by a businessman for Rs 65 crore. These transactions, while significant in their own right, also contribute to the overall narrative of Gurgaon's rising real estate market.
Gurgaon has long been a preferred destination for luxury real estate, and these recent transactions further cement its position as a key player in the NCR. In fact, Gurgaon has now surpassed Lutyens Delhi in terms of property values, with per square foot prices in the city now on par with global hotspots like London and Dubai. This shift is a testament to the city's infrastructure improvements, economic growth, and the increasing demand for high-end living spaces.
Earlier this year, British businessman Sukhpal Singh Ahluwalia bought a 11,416 square foot apartment at The Camellias for Rs 100 crore, while Info-x Software Technology Pvt Ltd, through its director Rishi Parti, purchased a 16,000 square foot penthouse for Rs 190 crore. These transactions, along with the recent deals, have solidified The Camellias as one of the most sought-after luxury residential complexes in Gurgaon.
About 15% of property owners at The Camellias have upgraded from DLF's other projects, 'The Magnolias' and 'The Aralias,' located in the same area. This trend highlights the strong brand loyalty and trust that DLF has built among high-net-worth individuals in the region. Prominent homeowners in The Camellias include Aman Gupta, founder of BoAt; JC Chaudhry, founder of Aakash Educational Services; and the Elan Group, a real estate firm.
These transactions not only reflect the robust real estate market in Gurgaon but also indicate a growing trend of luxury living in the city. As more high-net-worth individuals and businesses continue to invest in Gurgaon, the city is poised to become a major player in the global luxury real estate market.
Frequently Asked Questions
What is the total value of the four apartment deals at The Camellias?
The total value of the four apartment deals at The Camellias in Gurgaon is approximately Rs 270 crore.
Who are the buyers of the apartments at The Camellias?
The buyers include a Gurgaon-based developer, the founder of a fashion accessories manufacturing firm, a member of the DLF family, and a businessman.
What is the current market value of the 14,000 sq ft penthouse bought by a member of the DLF family?
The current market value of the 14,000 sq ft penthouse bought by a member of the DLF family is estimated to be over Rs 200 crore.
How does Gurgaon's real estate market compare to other major cities in India?
Gurgaon has surpassed Lutyens Delhi in terms of property values, with per square foot prices on par with global hotspots like London and Dubai.
What are some notable homeowners at The Camellias?
Notable homeowners at The Camellias include Aman Gupta, founder of BoAt; JC Chaudhry, founder of Aakash Educational Services; and the Elan Group, a real estate firm.
Related News Articles
Mumbai's Real Estate Market Soars to New Heights with 12-Year High in Property Registrations
Mumbai's property registrations hit a 12-year high in June 2024, with a significant increase in revenues and registrations, indicating a resilient and strong real estate market.
Revamping Mumbai's Skyline: Paradigm Realty's INR 4500 Crore Redevelopment Project
Paradigm Realty initiates a transformative INR 4500 crore redevelopment project in Mumbai's Bandra and Kandivali, upgrading 11 housing societies...
Real Estate Tycoon Vishal Agarwal Arrested for Alleged Cheating in Housing Project
Vishal Agarwal, a prominent real estate developer, has been taken into custody by Pimpri Chinchwad police for allegedly cheating buyers in his housing project.
Signature Global Awards Rs 1144 Crore Contract to Ahluwalia for Luxury Housing Project in Gurugram
Signature Global assigns massive construction contract to Ahluwalia Contracts for its luxury residential project in Gurugram. The project, valued at Rs 1144 crore, will feature 1008 luxurious units.
Budget 2025: Finance Minister Proposes Tax Relief for Second Self-Occupied House
Finance Minister Nirmala Sitharaman has announced a significant tax relief for individuals owning a second self-occupied house in the Budget 2025. This move aims to boost the real estate sector and provide financial benefits to homeowners. Experts in the
Jason Kelce's $6 Million Real Estate Expansion Faces Neighbor Opposition
Since moving into his Haverford Township residence in 2018 with his wife, Kylie Kelce, the couple has steadily expanded their real estate footprint. However, their latest $6 million expansion plan has hit a roadblock due to heated neighbor complaints.