Entrepreneur Manav Sardana buys DLF The Dahlias penthouse in Gurugram for record Rs 271 crore
Entrepreneur Manav Sardana purchased a luxury penthouse in Gurugram's 'The Dahlias' project for Rs 271 crore, setting a record for the most expensive single-unit residential transaction in India. The sale reflects the high demand for premium real estate among wealthy individuals and NRIs.
Why it matters
The record-breaking transaction underscores the rapid appreciation of luxury real estate in India and the growing influence of high-net-worth individuals in the property market.
New Delhi: Entrepreneur Manav Sardana, who was associated with Imperial Auto, which was acquired by global private equity firm Warburg Pincus, has bought a penthouse at DLF's The Dahlias for ₹271 crore, making it the costliest single-unit transaction in the country, two people aware of the deal said. The penthouse, with 17,200 sq ft of super area and 10,500 sq ft of carpet area, translates to around ₹2.6 lakh per sq ft on a carpet-area basis, putting it among the country's costliest residential transactions on a per-square-foot basis.Aakash Ohri, managing director and chief business officer, DLF, said in an analyst call for Q1FY27 that the company sold about 34…
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