What Makes DLF’s The Camellias a Top Choice for Luxury Living in Gurugram?
DLF’s The Camellias in Gurugram has become one of the most sought-after addresses in India’s luxury real estate market. The sale of a 16,290 sq ft apartment for ₹190 crore to Info-x Software Technology Pvt Ltd, led by Rishi Parti, exemplifies the growing trend of high-net-worth individuals choosing this exclusive complex for their homes.
Located on 17.5 acres, The Camellias offers an unmatched living experience with a blend of comfort, privacy, and luxury. The development appeals to a variety of buyers, including industrialists, CEOs, and entrepreneurs, all of whom are looking for modern, spacious homes that combine luxury with practicality.
Luxury Real Estate with Rising Demand
The Camellias has gained significant attention in recent years, with multiple high-profile sales. For example, earlier in 2024, a 10,000 sq ft unit sold for ₹95 crore to Smiti Agarwal, wife of Hemant Agarwal, CMD at V Bazaar Retail Pvt Ltd. In 2023, an 11,000 sq ft apartment in the complex was sold for ₹114 crore in resale, attracting attention as one of the country's most expensive transactions, often compared to high-end properties in New Delhi's posh localities. Initially launched in 2014 with bare-shell units priced at ₹22,500 per square foot, the development has steadily increased in value, making it one of the priciest real estate projects in India today.
Other Prominent Figures Who Have Purchased Homes in DLF Camellias
- Deep Kalra, founder of MakeMyTrip, who invested in a 7,430 sq ft apartment for ₹46.25 crore.
- Sameer Manchanda, Chairman and Managing Director of Den Networks Ltd, who purchased a 10,813 sq ft apartment for ₹37.83 crore.
- Ashish Gurnani, founder of Assago Group, who bought two 7,430 sq ft apartments for ₹21.75 crore each.
Other notable personalities include Aman Gupta (Founder of BoAt), JC Chaudhry (Founder of Aakash Educational Services), Puneet Bhatia (TPG Capital), and Arvind Mendiratta (Hippo Stores).
Why The Appeal?
What makes The Camellias particularly appealing is not just the size of its apartments, but the lifestyle it offers to its residents. The development caters to the needs of the ultra-wealthy, providing a level of luxury that few can match.
Reasons why The Camellias is one of the most desired addresses in Gurugram:
Exclusive Community
The Camellias attracts accomplished individuals such as CEOs, entrepreneurs, and business leaders, creating a unique networking environment. This community provides opportunities for business collaborations and partnerships, making it highly attractive to potential residents. In Gurugram, where business and wealth are interconnected, living here offers both professional and social advantages.
Strategic Location
Gurugram has become a major business district, home to many multinational corporations and corporate offices. The Camellias, situated in the heart of this ecosystem, offers easy access to business hubs, making it ideal for professionals who want to minimize commute times. This location makes The Camellias a prime choice for high-net-worth individuals seeking convenience and connectivity.
Limited Availability
In Gurugram’s luxury real estate market, developments like The Camellias are rare. With limited units available, demand remains high. The exclusivity of these properties, combined with their high cost, ensures they are seen not just as a luxury but also a valuable investment. This rarity increases demand and keeps the property market competitive.
Rental Potential
The luxury rental market in Gurugram is strong, with The Camellias commanding premium rental rates. With rents reaching ₹20 lakh per month for an 11,000 sq ft apartment, it offers a solid investment opportunity. The growing demand for luxury living spaces ensures both capital appreciation and attractive rental yields, making it a desirable option for investors.
High-End Amenities
The Camellias offers a wide range of high-end amenities, including a private cinema, fitness facilities, and gourmet dining. These features appeal to affluent buyers who prefer self-contained living spaces, reducing the need to leave the premises for leisure or wellness. The focus on convenience and luxury makes The Camellias a standout in the real estate market.
Spacious Residences
There is a rising demand for larger living spaces among luxury buyers, particularly in urban areas. The Camellias caters to this need by offering spacious apartments, allowing residents to enjoy greater comfort and privacy compared to typical city apartments. This trend reflects the growing preference for expansive homes that can accommodate families, personal collections, or home offices.
Customization Options
Customization is an important trend in the ultra-luxury market. The Camellias offers bare-shell units, allowing residents to design their spaces according to their personal preferences. This flexibility appeals to high-net-worth individuals who want their homes to reflect their unique style and lifestyle, making The Camellias an attractive choice for buyers seeking personalized living spaces.
Privacy and Security
Privacy and security are essential for high-net-worth individuals. The Camellias offers a high level of both, with a gated community, advanced surveillance systems, and restricted access. Residents can feel assured that their living environment is secure and private, which is a significant factor in attracting those who value discretion and a peaceful living environment.
Scenic Views
Location is a key factor for luxury buyers, with many preferring properties offering scenic views. The Camellias takes advantage of its location near a golf course, providing residents with expansive views of greenery and open space. This connection to nature offers a retreat from the busy city life, making The Camellias an appealing choice for those seeking tranquility within an urban setting.
Strong Investment
The Camellias is seen as a strong long-term investment, supported by DLF’s track record for delivering premium properties. Many buyers who invested in earlier DLF developments have chosen to upgrade to The Camellias, which speaks to their confidence in the brand and its offerings. The property’s combination of prime location, luxury, and exclusivity positions it well for long-term capital appreciation.
Practical Design
The Camellias’ design blends luxury with practicality, creating spaces that are both functional and aesthetically pleasing. This approach ensures the development meets the needs of modern living while maintaining an elegant appearance. The design focuses on providing a comfortable and practical living environment for today’s luxury buyer.
Quality Commitment
DLF’s reputation for delivering quality is a key aspect of The Camellias’ success. The developer has built a strong brand over the years, known for its attention to detail and use of premium materials. The Camellias continues this legacy, offering superior construction quality, which assures buyers of a durable and valuable property for the long term.
Gurugram’s Rising Property Market
The growing demand and rising prices of properties like DLF Camellias reflect the broader surge in Gurugram's real estate market. According to the latest report from Magicbricks, residential property prices in the city have skyrocketed by 76% over the past two years, with a 15.5% quarter-on-quarter increase, reaching ₹14,650 per square foot between July and September 2024. This growth has occurred despite a more moderate rise in residential demand (9.9% quarter-on-quarter) and an 18.3% increase in supply during the same period, driven by higher market activity and the launch of new projects.
The completion of major infrastructure projects, particularly the Dwarka Expressway, has contributed to enhancing Gurugram’s appeal, particularly in newer sectors with improved connectivity to Delhi. These emerging sectors, while offering more affordable options compared to core areas, continue to attract significant attention due to their proximity to key business hubs.
The price of ready-to-move apartments has risen by 12.9% quarter-on-quarter, reaching Rs 13,729 per square foot, while under-construction apartments have seen a larger increase of 17.3%, reaching Rs 16,180 per square foot.
3 BHK apartments are the most in-demand property type, accounting for 66% of customer searches. The average price for 3 BHK units has risen by 21.6% quarter-on-quarter to reach Rs 14,600 per square foot. Other property types include builder floors priced at Rs 12,700 per square foot, multistorey apartments at Rs 13,200 per square foot, residential houses at Rs 16,100 per square foot, and luxurious villas at Rs 25,600 per square foot.
More Than Just a Home
Living at The Camellias is more than owning a luxury apartment; it’s about making a statement. With spacious homes, top-tier amenities, beautiful views, and an exclusive community, the Camellias offers a unique living experience in Gurugram. It combines comfort, privacy, and luxury, making it one of the most sought-after addresses in the region.