New Delhi, Realty major DLF on Thursday said it has sold all 795 apartments worth Rs 5,590 crore in its new luxury housing project in Gurugram within three days of the launch amid strong consumer demand.
In a regulatory filing, the company informed the success of its latest luxury residential project 'DLF Privana West', "achieving remarkable sales of approximately Rs 5,590 crore within 3 days." The new project is spread over 12.57 acres and has 795 apartments.
In January this year, the company had sold 1,113 luxury apartments worth Rs 7,200 crore in Gurugram within three days of the launch of its project 'DLF Privan South', which is spread over 25 acres.
Both 'DLF Privana West' and 'DLF Privana South' are part of the 116-acre 'DL Privana' township located in Sectors 76 and 77.Akash Ohri, Joint Managing Director and Chief Business Officer, DLF Home Developers Limited, said, “After the tremendous success of DLF Privana’s inaugural project DLF Privana South, ‘DLF Privana West’ has emerged as the next chapter in this story, Meticulously designed for aspiring home buyers to have spacious, luxurious residences within a vibrant, well-connected community.”
He said that NRIs have bought a large portion of the apartments in this project.
“Our aspiration with DLF Privana and its associated projects is to emulate the success of DLF Phase 5 by creating an integrated ecosystem of luxury residences amidst abundant greenery, catering to the most prestigious lifestyle. Is."
In March last year, DLF sold 1,137 luxury apartments worth over Rs 8,000 crore, worth over Rs 7 crore, within 3 days.The Gurugram housing market has witnessed a significant increase in demand for residential properties, leading to a sharp rise in prices. Despite the huge increase in prices, the demand is still there.
Overall, India's housing market across the top seven major cities is performing very well post the Covid pandemic due to rising home ownership aspirations and pent-up demand.
DLF is India's leading real estate developer by market capitalisation.
DLF has developed more than 158 real estate projects and developed area of more than 340 million square feet.DLF Group has a future development potential of 215 million square feet across residential and commercial sectors.
The group has an annual portfolio of over 42 million square feet.
DLF is primarily engaged in the business of development and sale of residential properties (“Development Business”) and development and leasing of commercial and retail properties (“Annuity Business”).
In a regulatory filing, the company informed the success of its latest luxury residential project 'DLF Privana West', "achieving remarkable sales of approximately Rs 5,590 crore within 3 days." The new project is spread over 12.57 acres and has 795 apartments.
In January this year, the company had sold 1,113 luxury apartments worth Rs 7,200 crore in Gurugram within three days of the launch of its project 'DLF Privan South', which is spread over 25 acres.
Both 'DLF Privana West' and 'DLF Privana South' are part of the 116-acre 'DL Privana' township located in Sectors 76 and 77.Akash Ohri, Joint Managing Director and Chief Business Officer, DLF Home Developers Limited, said, “After the tremendous success of DLF Privana’s inaugural project DLF Privana South, ‘DLF Privana West’ has emerged as the next chapter in this story, Meticulously designed for aspiring home buyers to have spacious, luxurious residences within a vibrant, well-connected community.”
He said that NRIs have bought a large portion of the apartments in this project.
“Our aspiration with DLF Privana and its associated projects is to emulate the success of DLF Phase 5 by creating an integrated ecosystem of luxury residences amidst abundant greenery, catering to the most prestigious lifestyle. Is."
In March last year, DLF sold 1,137 luxury apartments worth over Rs 8,000 crore, worth over Rs 7 crore, within 3 days.The Gurugram housing market has witnessed a significant increase in demand for residential properties, leading to a sharp rise in prices. Despite the huge increase in prices, the demand is still there.
Overall, India's housing market across the top seven major cities is performing very well post the Covid pandemic due to rising home ownership aspirations and pent-up demand.
DLF is India's leading real estate developer by market capitalisation.
DLF has developed more than 158 real estate projects and developed area of more than 340 million square feet.DLF Group has a future development potential of 215 million square feet across residential and commercial sectors.
The group has an annual portfolio of over 42 million square feet.
DLF is primarily engaged in the business of development and sale of residential properties (“Development Business”) and development and leasing of commercial and retail properties (“Annuity Business”).
