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Flats for Rs 100 cr: DLF to launch India's costliest project in Gurugram

Business Standard LogoBusiness Standard7h ago

Flats for Rs 100 cr: DLF to launch India's costliest project in Gurugram - Business Standard

Quick Summary:

The Camellias has consistently recorded some of the highest transaction prices in the NCR, with recent sales averaging between Rs 65,000 to Rs 85,000 per square foot.

The existing Camellias, home to top Delhi NCR-based CEOs and high net worth individuals, was launched at Rs 22,500 per square foot (price for super area) a decade ago and is currently among the most expensive condominiums in the country.

Unfurnished apartments are renting for a minimum of Rs 10.5 lakh per month, with furnished options commanding up to Rs 14 lakh. In February 2024, a 10,000 sq ft apartment at The Camellias was bought for Rs 95 crore by Smiti Agarwal, the wife of Hemant Agarwal, CMD of retail giant V-Bazaar.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-10 @ 12:48:08 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 621 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22975640

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 313 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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