In a remarkable achievement for the Indian real estate sector, DLF Ltd. has sold out its highly anticipated luxury residential project, Privana North, in just 7 days. Valued at ₹11,000 crore, the project has become one of the most sought-after luxury developments in Gurugram. This record-breaking sales feat highlights the growing demand for high-end properties in the National Capital Region (NCR), especially among Non-Resident Indians (NRIs).
Exclusive Features of DLF Privana North
Privana North, located in Sectors 76 and 77 of Gurugram, is part of the larger 116-acre Privana township by DLF. The project includes six 50-storey towers, offering 1,152 luxury four-bedroom apartments and 12 penthouses. The units are priced starting from ₹9.5 crore, with penthouses available for as much as ₹25 crore.
The project is designed to cater to the growing demand for luxury living spaces. Featuring 12-foot decks, glass façades, and 3.4-meter high ceilings, these apartments offer the highest standards of living with world-class amenities and breathtaking views of the city.
High Demand Among NRIs and HNIs
The rapid sellout of Privana North can be attributed to several factors, including its prime location and world-class amenities. A significant portion of the demand has come from Non-Resident Indians (NRIs) and High Net-Worth Individuals (HNIs), who are looking for luxury investments in India.
Gurugram’s strategic location, with proximity to key business hubs like Cyber City and major expressways, further increased the project’s appeal. For NRIs, it serves as an excellent opportunity to own a premium property in India, one that promises high returns and an elevated lifestyle.
DLF’s Continuing Success in Luxury Real Estate
The success of Privana North adds to DLF’s legacy in luxury real estate, following the successful launches of Privana South and Privana West, which collectively contributed over ₹12,800 crore in sales. In the current fiscal year, DLF reported ₹21,223 crore in sales bookings, marking a 44% increase from the previous year.
With plans to launch additional projects worth over ₹17,000 crore, DLF is well on its way to achieving its sales target of ₹20,000 crore to ₹22,000 crore this year.
Looking Ahead: DLF’s Continued Leadership
Privana North’s impressive sellout in just 7 days is a testament to the increasing demand for luxury properties in India, especially from NRIs and HNIs. As DLF continues to dominate the luxury real estate sector in India, the company remains committed to delivering top-tier developments that cater to the evolving needs of affluent buyers. With a strong pipeline of future projects, DLF is poised to continue its leadership in the Indian real estate market.
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