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DLF Sets Sights on High-End Market with Rs 25,000 Crore Super Luxury Housing Project in Gurugram
Updated : May 16, 2024
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Gurugram, May 16, 2024: Real estate giant DLF is making a bold move into the super luxury housing segment with a new project in Gurugram. The project, planned for DLF Phase-5 on Golf Course Road, is expected to be a game-changer, boasting over 400 ultra-luxury apartments and a staggering revenue target of Rs 25,000 crore.
Catering to Discerning Clientele:
This announcement underscores DLF's confidence in the growing demand for high-end housing in Gurugram. The project will feature expansive apartments ranging from 9,500 to 15,000 square feet, promising an unparallelled living experience for discerning buyers.
Planned for Grandeur:
Details regarding the project's amenities are yet to be unveiled, but considering the scale and target market, one can expect top-of-the-line features and lavish landscaping. DLF plans to sell the units in phases to ensure quality control and maintain exclusivity.
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DLF's Strong Position:
This project comes on the heels of DLF's successful launch of another premium housing project in Gurugram, with an estimated sales revenue of Rs 7,500 crore. The company's strong financial performance and established reputation in the luxury segment position them well for this ambitious undertaking.
Impact on the Market:
The introduction of such a high-value project is likely to have a ripple effect on Gurugram's real estate market. It could further solidify the city's position as a hub for luxury living and potentially push property values in the super luxury segment even higher.
Analysts await further details on the project, including the official launch date, specific amenities offered, and pricing strategies.
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