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.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Infrastructure Urban

06 Feb 2026

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Infrastructure Urban

06 Feb 2026

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..