+
DLF Launches Luxury Project in Gurugram
Real Estate

DLF Launches Luxury Project in Gurugram

DLF, India's leading real estate developer, has unveiled an ambitious luxury housing project in Gurugram, valued at ?2.5 billion. Located in Sectors 76 and 77, the DLF Privana project spans over 116 acres and includes high-rise apartments offering spectacular views of the Aravalli Range.

The latest phase, DLF Privana West, features 795 luxury apartments which sold out within three days of launch, generating around ?550 million. This follows the success of DLF Privana South, which sold 1,113 units for approximately ?720 million earlier in the year. These developments highlight the strong demand for premium residential properties in Gurugram, driven by both domestic buyers and Non-Resident Indians (NRIs).

Aakash Ohri, Joint Managing Director and Chief Business Officer of DLF Home Developers Ltd, attributed the rapid sellout to the project's strategic location and world-class amenities. Situated near key city hubs and major roads like NH-48 and the Dwarka Expressway, the project promises excellent connectivity and convenience.

DLF has a storied history of creating luxury residential spaces, with over 158 completed projects covering more than 340 million square feet. The company continues to lead the market with innovative and high-demand housing solutions. The success of DLF Privana underscores the robustness of India's luxury real estate market, particularly in post-pandemic times, where there is a marked increase in the aspiration for high-quality homeownership.

DLF, India's leading real estate developer, has unveiled an ambitious luxury housing project in Gurugram, valued at ?2.5 billion. Located in Sectors 76 and 77, the DLF Privana project spans over 116 acres and includes high-rise apartments offering spectacular views of the Aravalli Range. The latest phase, DLF Privana West, features 795 luxury apartments which sold out within three days of launch, generating around ?550 million. This follows the success of DLF Privana South, which sold 1,113 units for approximately ?720 million earlier in the year. These developments highlight the strong demand for premium residential properties in Gurugram, driven by both domestic buyers and Non-Resident Indians (NRIs). Aakash Ohri, Joint Managing Director and Chief Business Officer of DLF Home Developers Ltd, attributed the rapid sellout to the project's strategic location and world-class amenities. Situated near key city hubs and major roads like NH-48 and the Dwarka Expressway, the project promises excellent connectivity and convenience. DLF has a storied history of creating luxury residential spaces, with over 158 completed projects covering more than 340 million square feet. The company continues to lead the market with innovative and high-demand housing solutions. The success of DLF Privana underscores the robustness of India's luxury real estate market, particularly in post-pandemic times, where there is a marked increase in the aspiration for high-quality homeownership.

Next Story
Infrastructure Urban

Budget Proposal Aims to Boost Investments

The recent budget proposal has introduced measures designed to promote investments and generate job opportunities across various industries, as reported by the Economic Times. This initiative seeks to stimulate economic activity and strengthen the country's growth trajectory by encouraging both domestic and foreign investments. Key aspects of the proposal include targeted incentives for sectors poised for expansion, such as renewable energy, infrastructure, and technology. The government aims to create a more favorable investment climate by offering tax benefits, subsidies, and streamlined reg..

Next Story
Infrastructure Urban

Indian Financial System Resilient Amidst Challenges

The Reserve Bank of India (RBI) Deputy Governor M. Rajeshwar Rao has emphasized the robust nature of the Indian financial system despite global economic headwinds, according to Economic Times. Rao?s comments reflect confidence in the stability and resilience of India's financial sector amidst a backdrop of international economic uncertainties and financial volatility. Rao highlighted that India?s financial system is well-equipped to handle external shocks due to its solid regulatory framework and prudent risk management practices. The country?s banking sector has demonstrated resilience throug..

Next Story
Infrastructure Energy

SC Allows State Tax on Mines, Minerals

Opposition leaders have welcomed the Supreme Court's recent decision permitting states to levy taxes on mines and mineral-bearing lands, as reported. The ruling is seen as a significant victory for state governments seeking greater control and revenue from natural resource extraction within their jurisdictions. The Supreme Court?s decision empowers states to impose taxes on mining operations and mineral-rich lands, which could enhance their revenue streams and enable better management of local resources. This move is particularly important for states with substantial mineral resources, as it a..

Talk to us?