A Delhi-NCR businessman has purchased four ultra-luxury apartments worth ₹380 crore in DLF’s The Dahlias, marking one of India’s biggest housing deals
In one of India’s biggest residential deals, a Delhi-NCR businessman has purchased four luxury apartments in DLF’s The Dahlias on Golf Course Road, Gurugram, for ₹380 crore.
The four units together span around 35,000 sq. ft. and are part of DLF’s latest ultra-luxury development within its Golf Links portfolio.
Transaction details and advisory
The deal was facilitated by Rizin Advisory Pvt Ltd “We advised on the transaction,” said Kshitij Jain, founder of Rizin Advisory.
“The family was initially exploring a bungalow or farmhouse in Lutyens’ Delhi, but as discussions progressed, they became more inclined towards a luxury condominium that offered comparable space, privacy and pedigree, yet with stronger long-term value and convenience,” Jain told Business Standard.
“Gurgaon’s new-generation luxury projects, especially those along the Golf Course Road, now combine the advantages of Lutyens living with modern security, skyline views, and amenities that suit multi-generational urban families. The Dahlias represents this evolution,” Jain said.
Inside The Dahlias project
The Dahlias forms part of DLF’s DLF5 Golf Links communities, which include The Camellias, The Aralias, and The Magnolias.
- The project spans about 7.5 million sq. ft.
- It features 420 residences across 29 floors and 8 towers.
- There are 15 duplex penthouses and a grand clubhouse.
Earlier this year, DLF recorded pre-launch sales of ₹11,816 crore for the project, one of the highest ever in India’s residential market. The development overlooks the proposed Lake Park and is designed to balance privacy, open green spaces, and views through eight interconnected towers arranged in opposing arcs.
A record quarter for luxury housing
According to data from CRE Matrix, this is the first time a single residential project in India has crossed ₹10,000 crore (₹100 billion) in sales within one quarter.
Gurugram also registered the most expensive property deal of the year, a ₹190 crore penthouse sale, surpassing Delhi for the first time.
While demand for trophy assets in Lutyens Delhi remains high, analysts said limited supply has prompted many ultra high net worth individuals to shift their attention to Gurugram’s new luxury corridors.
“Over the last few years, Gurgaon has emerged as the preferred destination for large-ticket residential acquisitions. Trophy assets here are limited, and the ecosystem—connectivity, international schools, hospitals, and corporate proximity—aligns with how business families now live and work. Demand from UHNIs has therefore shifted steadily from Delhi to Gurgaon, Jain explained.
Source: Business Standard
