DLF, one of India’s top real estate developers, has recently introduced a lavish residential project in Gurugram valued at ?2.5 billion. Covering an extensive area spanning 116 acres, the DLF Privana project is located in Sectors 76 and 77 and offers breathtaking views of the magnificent Aravalli Range.
Solitude and Luxury: DLF Privana West Sells Out Within 3 Days of Launch: The newest phase of the elegant development, called DLF Privana West, is made up of 795 luxury apartments. The launch of these upscale units proved to be a tremendous success, as all the units were sold out within a short span of just three days, generating an impressive sum of around ?550 million. This success follows the remarkable sales achievement of DLF Privana South, a previous phase of the project, which sold approximately 1,113 units amounting to ?720 million earlier this year. These feats in selling premium residential properties underpin the thriving demand and tremendous market potential for upscale housing in Gurugram.
Driving the Demand: Domestic Buyers and NRIs Show Strong Interest: The allure of premium residential properties in Gurugram extends beyond domestic buyers to include Non-Resident Indians (NRIs) as well. This surge in demand can be attributed to the fusion of outstanding project features, craftsmanship and strategic location that makes these properties a desirable investment option. Aakash Ohri, the Joint Managing Director and Chief Business Officer of DLF Home Developers Ltd, attributes the quick sellout to the strategic location and exceptional amenities of the project.
World-Class Connectivity and Convenience Await: Strategically located near important city hubs, as well as major roads such as NH-48 and the Dwarka Expressway, residents of DLF Privana can enjoy excellent connectivity and accessibility. This prime location ensures easy access to various parts of the city while offering ultimate convenience to residents’ daily needs.
DLF’s Track Record of Excellence: DLF has established a strong reputation in the market for creating luxury residential spaces. With a prolific history of more than 158 completed projects spanning over an impressive 340 million square feet, DLF leads the way in the real estate industry with its constant innovation and focus on meeting the highest demand for quality housing.
India’s Resilient Luxury Real Estate Market: The success story of DLF Privana exemplifies the remarkable vibrancy and resilience of India’s luxury real estate market, especially in the post-pandemic era. Despite challenging times, there has been a notable rise in people’s desire for premium homeownership and a growing interest in high-quality residential properties. As DLF continues to break boundaries with its innovative housing solutions, the company solidifies its position as a frontrunner in the luxury real estate sector, meeting and exceeding the aspirations of modern homeowners in India.
