DLF Camellias in Gurgaon sells penthouse for ₹190 crore, setting a record.

Lined Circle

Gurgaon DLF Camellias: A new benchmark has been set in the luxury real estate market with the recent sale of a penthouse in Gurgaon’s exclusive DLF Camellias, priced at an astounding ₹190 crore.

This deal not only marks the highest price for a high-rise condominium in Delhi NCR but is also one of the largest in India, in terms of price per square foot.

The Record-Breaking Sale

The property, a sprawling 16,290-square-foot penthouse, was purchased by Info-x Software Tech Pvt Ltd through its director, Rishi Parti, reported Times of India.

IndexTap obtained official paperwork indicating that the corporation paid a stamp duty of ₹13 crore. The transaction was filed on December 2, 2024.

‘Historic’ Price Per Square Foot

According to Samir Jasuja, CEO of Propequity, a real estate data analytics firm, this purchase is the highest reported price per square foot for a high-rise flat in India.

Surge in the Luxury Market in Delhi-NCR

According to JLL, the DLF Camellias sale shows Delhi NCR's luxury real estate market surge, accounting for 64% of luxury residential launches in India's top seven cities in the first quarter of 2024.