Real estate company DLF on Monday announced the pre-launch sales of approximately Rs 7,200 crore for its latest luxury residential development, DLF Privana South in Gurugram.
Read More: DLF unveils shop-cum-office plots in Gurugram
“Spread across about 25 acres (about 10 hectares) in Sectors 76 and 77, Gurugram, this luxury residential offering by DLF was sold out within 72 hours, in its pre-launch phase. This exclusive enclave will comprise 1,113 meticulously designed luxury residences across 7 towers, presenting 4 BHK apartments and penthouses,” the firm said in a regulatory filing.
‘DLF Privana South’ will be part of a larger development, ‘DLF Privana’ spread over approximately 116 acres in Sectors 76 and 77.
Aakash Ohri, Jt. Managing Director and Chief Business Officer, DLF Home Developers Ltd., said, “DLF Privana South is the latest addition to our esteemed portfolio of luxury residences. The swift pre-launch sellout serves as a testament to the increasing demand for high-rise luxury developments by DLF, delivering the highly aspirational DLF lifestyle. To discourage bulk bookings, each buyer was allotted only one unit, with about 25 per cent of the sales coming from Non-Resident Indians (NRIs), and a booking amount of Rs 50 lakh, as opposed to the industry standard of Rs 10 lakh.”
Read More: How to build wealth through real estate investment
“We extend our heartfelt gratitude to patrons both in India and abroad for entrusting DLF’s residential offerings. DLF Privana South will serve as an integral part of the integrated ecosystem, DLF Privana, spanning about 116 acres in the heart of Gurugram’s Sector 76 and 77. With this ecosystem, we envision transforming this part of the city into a thriving and bustling luxurious neighbourhood, mirroring the success we have achieved on Raghvendra Marg (formerly known as Golf Course Road) with DLF5,” he added.
With a ground coverage of less than 15 per cent, DLF Privana South ensures a remarkable +85 per cent of green and open spaces, promising a contemporary and vibrant lifestyle that embraces serenity and tranquillity in the heart of the city. It has been designed by M/S ARCOP. Its 472-meter frontage along a 60-meter sector road has been purposefully designed to enhance air circulation, increase visibility, maximise natural light, and provide exceptional connectivity.
The Sectors 76 and 77 vicinities emerge as the forthcoming nerve centre of Gurugram, strategically positioned to offer unparalleled advantages.
Read More: Real estate price outlook 2024: Here’s what to expect from residential property next year
Well-connected, with direct access to all the major hubs of Gurugram and Delhi, it offers convenient road travel to prominent destinations like Jaipur, Manesar, Sonipat, Karnal, Panipat, and beyond.