In a groundbreaking transaction that has set new records in India’s luxury real estate market, a spectacular penthouse in DLF Camellias, Gurgaon, has been acquired for an unprecedented Rs 190 crore. The sale represents the highest-value residential transaction ever recorded in the National Capital Region (NCR).
The exceptional 16,290-square-foot residence was purchased by Info-x Software Tech Pvt Ltd, under the leadership of its director, Rishi Parti. Official documents revealed a stamp duty payment of Rs 13 crore, with the transaction formally registered on December 2.
Key Highlights of the Deal:
- Price per square foot: Rs 1.2 lakh (super area)
- Carpet area rate: Rs 1.8 lakh per square foot
- Location: Premium Golf Course Road, Gurgaon
- Total area: 16,290 square feet
This landmark sale has surpassed previous luxury property benchmarks, including those in Mumbai’s premium locations, where properties command up to Rs 1.62 lakh per square foot on carpet area.
The Buyer Profile: Rishi Parti, a distinguished entrepreneur and angel investor, co-founded Info-x Software Tech Pvt Ltd in 2001. The Gurugram-based company specializes in logistics and digital transformation solutions, maintaining a global presence across 15 countries with approximately 150 employees.
DLF Camellias: Setting New Standards The ultra-luxury development has consistently broken records in the residential real estate sector:
- Features world-class amenities comparable to 7-star resorts
- Houses 429 units across 16 towers
- One unit per floor design
- Residence sizes ranging from 6,290-7,350 sq ft
- 14 exclusive penthouses
Recent Notable Transactions:
- February 2024: Rs 95 crore sale of a 10,000 sq ft apartment
- 2023: Rs 114 crore resale of an 11,000 sq ft apartment
This sale reflects the robust demand for ultra-luxury properties in the NCR region, particularly among industrialists, CEOs, and successful entrepreneurs. The development’s success has also influenced DLF’s upcoming Dahlias project, which has already secured over 100 pre-launch bookings at prices between Rs 60-100 crore per unit.
The transaction marks a significant milestone in India’s luxury real estate sector, demonstrating the growing appetite for premium residential properties in the NCR region and setting new benchmarks for future developments in the luxury segment.
