NEW DELHI: Info-x Software Technology Pvt Ltd, through its director Rishi Parti, has bought a 16,000 sq ft penthouse at DLF‘s ultra-luxury The Camellias in Gurugram for ₹190 crore in one of the costliest apartment transactions in the country.
The deal was registered on December 2, and the company paid ₹13 crore stamp duty for the transaction, showed documents accessed through CRE Matrix, a real estate data analytics firm.
In October 2023, ET reported about the first ₹100-crore transaction in the same residential complex located at the Millennium City’s Golf Course Road.
“The transaction highlights the growing economy of India and how businesses are thriving. This has brought liquidity to the market, and one segment that has benefited most is the uber-luxury real estate,” said Ashwin Chadha, CEO of India Sotheby’s International Realty. “Top business leaders are willing to spend this much money on real estate, and we are seeing this trend pan-India.”
Info-x declined to comment while DLF did not respond to ET’s email query.
The latest deal at Camellias was finalised at ₹120,000 per sq ft on a super area basis, one of the highest in the country.
The current surge in luxury real estate prices in Gurugram and Delhi’s tony areas has brought prices of high-end apartments in Delhi’s southwestern suburb and bungalows in the capital’s Lutyens zone on a par with Mumbai’s prestigious neighbourhoods, with the per-sq-ft price crossing ₹120,000 sq ft.
About 15% of property owners at The Camellias have upgraded from ‘The Magnolias’ and ‘The Aralias’ – two other projects of DLF in Gurugram.
The majority of buyers in the Camellias are from Delhi-National Capitla Region. Some prominent names who are property owners in the project include Aman Gupta, founder of BoAt; JC Chaudhry, founder of Aakash Educational Services; and Elan Group, a real estate firm.
Many other startup founders have reportedly bought apartments in the same complex.
