Real estate major DLF Ltd is expected to launch the country’s most expensive uber luxury real estate project comprising more than 400 super luxury apartments in Gurugram with the starting price expected to be around ₹ 80 crore, sources in the know told HT.com Once the project is launched, the residential stretch along Golf Course Road in Gurugram, currently known as North India billionaires’ row, is expected to compete with not only ultra luxury properties in Mumbai’s Altamount Road and Delhi’s Lutyens area, that are primarily private residences, but also with New York’s billionaires’ street located in the southern edge of Central Park, said real estate experts. To be known as The Dahlias, the project is expected to be located on the Golf Course Road in Gurugram and is likely to be spread across an area of more than 17 acres.
It is expected to include more than 400 ultra luxury apartments with prices starting at ₹ 80,000 per sq ft, people in the know said. “The size of the ultra-luxury apartments are expected to start from 9,500 sq. ft.
and go all the way up to 16,000 sq ft, with an average size of 11,000 sq ft. Prices will start at ₹ 80,000 per sq ft. with an average ticket price of roughly ₹ 100 crore,” said Samir Jasuja, founder and CEO of PropEquity, a NSE-listed firm, adding all the units are expected to be bare shell.
‘The launch price of these bare shell units is expected to be around ₹ 80 crore and by the time these are delivered and finish.