Realty giant DLF is set to make a significant investment of ₹8,000 crore in an ultra-luxury housing project in Gurugram, a city known for its premium residential offerings. The new development, named The Dahlias, will span 17 acres in DLF 5, Gurugram, and is set to further strengthen the company’s foothold in the luxury real estate market. With a keen eye on the rising demand for high-end properties, DLF plans to create a super-luxury living experience like no other.
Following the success of its previous high-end development, The Camellias, DLF is now embarking on another ambitious venture. The Dahlias will feature approximately 420 apartments, with each home boasting a minimum size of 10,300 square feet. Spanning nearly 50 lakh square feet of space, the project is expected to generate a revenue of ₹26,000 crore, based on current pre-launch prices. As per DLF's Managing Director, Ashok Tyagi, this revenue is expected to grow as prices continue to rise over time.
The Dahlias will set new standards for luxury living, with a construction cost projected to be around ₹18,000 per square foot due to its sophisticated infrastructure and premium amenities, which include an artificial lake and a 4 lakh square feet clubhouse. The selling price is set at around ₹1 lakh per square foot of carpet area, positioning The Dahlias among the most expensive residential offerings in the country.
This ultra-luxury project aims to outshine DLF’s earlier venture, The Camellias, which has seen impressive transactions, including deals exceeding ₹100 crore in the secondary market. Aakash Ohri, Joint Managing Director of DLF Home Developers, expressed confidence that The Dahlias would be an even more impressive offering. The project promises an unmatched lifestyle that blends luxury and sophistication, making it one of the best luxury properties globally.
DLF is optimistic about the financial success of The Dahlias, aiming to repeat the success of DLF Camellias, which generated revenue significantly higher than the initial estimates. The company has already received a strong pre-launch response, further affirming the desirability of the project among high-net-worth individuals.
DLF has shown impressive growth in recent years, reporting a 66% increase in sales bookings to ₹7,094 crore in the first half of this fiscal year, with its residential business continuing to perform strongly. Despite a slight dip in bookings during the second quarter of 2024-25, the company remains optimistic about the outlook for the residential market. With an extensive project pipeline that includes plans to launch developments in Mumbai and Goa, DLF is confident in meeting its sales target of ₹17,000 crore for the fiscal year.
DLF’s strong financial performance is further supported by a substantial increase in its net profit, which grew more than two-fold to ₹1,381.08 crore in the second quarter of this fiscal year. The company’s total income for the period rose 48% to ₹2,180.83 crore.
DLF’s commitment to excellence is evident in its impressive portfolio, having developed more than 178 projects across over 349 million square feet of area. With a future development potential of 220 million square feet in both residential and commercial sectors, DLF remains India’s largest real estate company by market capitalization.
The Dahlias is a prime example of DLF’s strategy to cater to the growing demand for ultra-luxury properties in India. With its superior design, state-of-the-art infrastructure, and world-class amenities, The Dahlias is poised to set new benchmarks for luxury real estate, reinforcing DLF’s position as a leader in the Indian real estate market.
As DLF continues to expand its presence in the luxury real estate segment, The Dahlias represents more than just a housing project—it is a symbol of opulence, exclusivity, and a new era of luxurious living in India.