DLF Sells 60% Inventory at The Dahlias as Gurugram Luxury Housing Demand Strengthens

DLF Ltd has sold 60% of the inventory at its super-luxury residential project, The Dahlias, in Gurugram, reflecting the continued strength of India’s ultra-luxury housing market. The project, which offers 420 ultra-luxury residences, has emerged as one of the key growth drivers for the real estate developer during FY26.

According to Aakash Ohri, Joint Managing Director and Chief Business Officer of DLF Home Developers Ltd, the company sold 32 ultra-luxury apartments at The Dahlias during the March quarter. These residences were sold in the price range of around ₹80 crore to ₹90 crore. New inventory at the project is now touching nearly ₹135 crore per apartment, indicating a sharp rise in pricing within a short period.

The strong response to The Dahlias helped the Gurugram-based developer clock total sales bookings of over ₹20,000 crore in FY26. The company said demand for premium homes remained strong, supported by wealthy buyers seeking larger residences, better amenities and landmark addresses in established luxury markets.

The Dahlias has also gained faster market acceptance than initially expected. DLF management said per square foot realisations at the project reached targeted levels in about one and a half years, compared with the earlier expectation of around four years. The project is now being compared with DLF’s other luxury development, The Camellias, on a like-to-like pricing basis.

Pricing at The Dahlias varies based on apartment orientation, configuration and views. North-facing residences overlook the lake and green areas, while south-facing homes face the Aravalli range. The price difference between select apartments is estimated at around ₹20 crore to ₹30 crore.

The project remains an important part of DLF’s luxury residential pipeline for FY27. While the company remains confident about maintaining sales momentum, it has stated that its focus will remain on margins, cash generation, disciplined execution and timely delivery.

The performance of The Dahlias also highlights Gurugram’s growing position as a major ultra-luxury housing market, increasingly competing with Mumbai’s premium residential segment.