Clearly, there is a demand for luxury residences. Luxury high-rise condos worth more than Rs 8,000 crore were sold by DLF, India’s largest publicly traded real estate business, in pre-formal launch sales. The property called Arbour is located at DLF Sixtythree on Golf Course Extension in Sector 63, Gurugram. Even before the launch, it was completely sold out in three days.
Details about in just three days, DLF sold high-end apartments in Gurugram for worth of Rs 8000 crore
With five structures reaching up to 38 or 39 floors, the opulent neighbourhood spans 25 acres. It offers 1137 identical 4 BHK + study + utility room layouts, with pricing per unit starting at Rs 7 crores.
The phenomenal response to the sale, according to Aakash Ohri, Group Executive Director & Chief Business Officer of DLF Ltd., was a testament to DLF’s “very aspirational approach.”
“Importantly, over 95% of the purchasers are people who purchased The Arbour for their intended use. We can only credit our valued customers’ trust in us, which is supported by a tradition of leadership spanning more than 75 years, for this. This response has mostly been influenced by our creativity, diligence, and commitment to the consumer as well as the lengthy wait for a new high-rise DLF project. The enormous reaction for a project of this scale necessarily needed paperwork on an equally massive scale. Before formally announcing the success in the market, we wanted to complete this carefully as usual,” he continued.
Ohri added that Arbour’s location and the layout of the homes were further factors that influenced the sale.
“The Arbour will surely be one of the most sought-after and iconic developments in Gurugram thanks to its unbeatable location, superbly built large homes, and a plethora of lifestyle amenities. The area has evolved as a very accessible and aspirational location being a natural extension to Golf Course Road, with seamless connectivity to other parts of Gurugram, as well as Delhi and Faridabad,” he added.