Businessman Buys Four DLF Dahlias Flats for Rs 3.8 Billion

03 Nov 2025 CW Team

The Dahlias, located on Golf Course Road within DLF5 Golf Links, is DLF’s latest ultra-luxury residential development, joining the ranks of The Camellias, The Aralias, and The Magnolias.

The transaction was facilitated by Rizin Advisory, a real estate consultancy and brokerage firm. Kshitij Jain, Founder of Rizin Advisory, confirmed advising on the deal, which was finalised in the first week of October 2025.

Jain said the four combined apartments, each measuring 9,600 sq ft, together span 38,400 sq ft in total area. “The transaction translates to roughly Rs 100,000 per sq ft, making it the largest residential property deal in North India’s luxury segment,” Jain noted.

According to market sources, the buyer — a prominent Delhi-NCR business family with interests in plastics, chemicals, and fertilisers — already owns a residence in The Camellias and purchased the new units in The Dahlias as an upgrade, reflecting the rising demand for ultra-luxury homes in the region.

DLF Ltd declined to comment on the deal.

Spanning around 7.5 million sq ft, The Dahlias features 420 super-luxury residences across eight towers and 29 levels, including 15 duplex penthouses and an exclusive clubhouse. Earlier this year, DLF announced pre-launch sales worth Rs 118.16 billion for the project, highlighting exceptional demand in Gurugram’s premium housing market.

Gurugram has recently witnessed several high-value luxury property transactions. In 2025, former cricketer Shikhar Dhawan purchased an apartment in The Dahlias for Rs 690 million, while in December 2024, Rishi Parti, CEO of Info-X Software Technology, bought a 16,290 sq ft penthouse in The Camellias for Rs 1.9 billion.

Earlier in January 2024, Smiti Agarwal, Director at Wesbok Lifestyle and wife of V Bazaar CMD Hemant Agarwal, acquired an apartment in The Camellias for Rs 950 million. In October 2023, an 11,000 sq ft apartment in the same project was sold for Rs 1.14 billion in a resale deal.

The series of transactions underscores the continued momentum in Gurugram’s ultra-luxury real estate market, as high-net-worth individuals increasingly invest in large, high-end properties offering privacy, exclusivity, and world-class amenities.

In one of North India’s biggest residential property deals, a Delhi-NCR-based businessman has purchased four luxury apartments in DLF’s super-luxury project ‘The Dahlias’ in Gurugram for Rs 3.8 billion, according to people familiar with the transaction. The Dahlias, located on Golf Course Road within DLF5 Golf Links, is DLF’s latest ultra-luxury residential development, joining the ranks of The Camellias, The Aralias, and The Magnolias. The transaction was facilitated by Rizin Advisory, a real estate consultancy and brokerage firm. Kshitij Jain, Founder of Rizin Advisory, confirmed advising on the deal, which was finalised in the first week of October 2025. Jain said the four combined apartments, each measuring 9,600 sq ft, together span 38,400 sq ft in total area. “The transaction translates to roughly Rs 100,000 per sq ft, making it the largest residential property deal in North India’s luxury segment,” Jain noted. According to market sources, the buyer — a prominent Delhi-NCR business family with interests in plastics, chemicals, and fertilisers — already owns a residence in The Camellias and purchased the new units in The Dahlias as an upgrade, reflecting the rising demand for ultra-luxury homes in the region. DLF Ltd declined to comment on the deal. Spanning around 7.5 million sq ft, The Dahlias features 420 super-luxury residences across eight towers and 29 levels, including 15 duplex penthouses and an exclusive clubhouse. Earlier this year, DLF announced pre-launch sales worth Rs 118.16 billion for the project, highlighting exceptional demand in Gurugram’s premium housing market. Gurugram has recently witnessed several high-value luxury property transactions. In 2025, former cricketer Shikhar Dhawan purchased an apartment in The Dahlias for Rs 690 million, while in December 2024, Rishi Parti, CEO of Info-X Software Technology, bought a 16,290 sq ft penthouse in The Camellias for Rs 1.9 billion. Earlier in January 2024, Smiti Agarwal, Director at Wesbok Lifestyle and wife of V Bazaar CMD Hemant Agarwal, acquired an apartment in The Camellias for Rs 950 million. In October 2023, an 11,000 sq ft apartment in the same project was sold for Rs 1.14 billion in a resale deal. The series of transactions underscores the continued momentum in Gurugram’s ultra-luxury real estate market, as high-net-worth individuals increasingly invest in large, high-end properties offering privacy, exclusivity, and world-class amenities.

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

Infrastructure Transport

05 Dec 2025

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

Infrastructure Urban

05 Dec 2025

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..