DLF's ₹8,000 Crore Ultra-Luxury Project in Gurugram

CosmicTaco · 2024-11-04T07:55:25.182114+05:30

- DLF is investing ₹8,000 crore in a new ultra-luxury housing project in Gurugram called 'The Dahlias'. - The project spans 17 acres and will feature around 420 apartments, with a minimum size of 10,300 square feet each. - Expected revenue from the project is ₹26,000 crore, based on current pre-launch prices. - Construction costs are high at ₹18,000 per square foot due to infrastructure, an artificial lake, and a 4 lakh sq feet club. - DLF aims to meet its sales guidance of ₹17,000 crore for this fiscal year, with strong demand and a robust launch pipeline. Source: [Mint](https://www.livemint.com/companies/news/dlf-to-develop-ultra-luxury-housing-project-worth-rs-8-000-crore-in-gurugram-11730639804762.html), [Times Now News](https://www.timesnownews.com/business-economy/real-estate/dlf-to-invest-massive-rs-8000-crore-in-new-ultra-luxury-housing-project-details-article-114908833)

DLF is investing ₹8,000 crore in a new ultra-luxury housing project in Gurugram called 'The Dahlias'.
The project spans 17 acres and will feature around 420 apartments, with a minimum size of 10,300 square feet each.
Expected revenue from the project is ₹26,000 crore, based on current pre-launch prices.
Construction costs are high at ₹18,000 per square foot due to infrastructure, an artificial lake, and a 4 lakh sq feet club.
DLF aims to meet its sales guidance of ₹17,000 crore for this fiscal year, with strong demand and a robust launch pipeline.

Source: Mint, Times Now News