DLF Anticipates Rs 260 Bn from Gurugram Super Luxury Project, MD Says

28 Oct 2024 CW Team

Realty major DLF anticipates generating Rs 260 billion in revenue from its new super-luxury project in Gurugram at the current selling price, with the potential for sales figures to increase due to high demand, as stated by its Managing Director, Ashok Tyagi.

DLF has pre-launched its 17-acre super-luxury housing project, The Dahlias, located at DLF 5 in Gurugram, and has received a positive response from customers. The project secured RERA approval at the beginning of the month.

The company plans to develop approximately 420 ultra-luxury apartments in this project, with the minimum size of an apartment being 10,300 square feet.

During a conference call with market analysts, DLF's MD, Tyagi, conveyed that the company expects to achieve Rs 260 billion in revenue from this super-luxury project. He explained that the revenue figure filed with RERA is based on the pre-launch price and indicated that these numbers would likely increase as prices rise.

Tyagi expressed confidence that the company would meet its sales guidance of Rs 170 billion for the fiscal year, supported by a robust launch pipeline in the latter half of the year.

In addition to the Gurugram super-luxury project, Tyagi mentioned that the company aims to launch another housing project in Gurugram by March, with plans to initiate projects in Mumbai and Goa around the same time.

Regarding the super-luxury project, Tyagi elaborated that the construction costs would be significantly high, estimated at approximately Rs 18,000 per square foot, due to expenses related to infrastructure, an artificial lake, and a 4 lakh square feet club.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..