Gurgaon flat sells for record Rs 1.8 lakh per square feet | India News

A penthouse was sold for Rs 190 crore, with stamp duty of Rs 13 crore

NEW DELHI: An apartment in Gurgaon’s DLF Camellias recently sold for Rs 190 crore, making it the most expensive high-rise condominium apartment deal in NCR, and among the largest ever in the country, in terms of price per sq ft.
Info-x Software Tech Pvt Ltd, through its director Rishi Parti, has bought a 16,290-sq ft penthouse, according to documents accessed by IndexTap. The company has paid Rs 13 crore stamp duty and the deal was registered on Dec 2, show the documents. DLF did not comment on the deal.
Real estate data analytics firm Propequity CEO Samir Jasuja said, “This is the highest recorded per sq ft price ever for a high-rise apartment in India. It translates to a price of Rs 1.2 lakh per sq feet on super area and Rs 1.8 lakh/sq ft on carpet area.
Commenting on the sale of a penthouse in DLF Camellias for Rs 190 crore or Rs 1.8 lakh per sq ft (carpet area), Propequity CEO Samir Jasuja said, “While in Delhi NCR property prices are on super area basis, in Mumbai the same is on carpet area. So this Gurgaon deal is miles ahead of Mumbai pricing in carpet area terms.” Among the most expensive high-rise apartment deals before this were a company buying three apartments in Mumbai’s Lodha Malabar for Rs 263 crore last year at Rs 1.4 lakh per sq ft (carpet area). The uber luxury market is witnessing a boom in Delhi NCR, which accounted for a remarkable 64% share of luxury residential launches in India’s top seven cities in the first half of 2024, according to real estate consultancy firm JLL.