DLF, India’s largest listed real estate company, witnessed record breaking pre-formal launch sales of Rs 8,000+ crores for its luxury high-rise residences, The Arbour.
Real estate company DLF witnessed record breaking pre-formal launch sales of more than Rs 8,000 crores for its luxury high-rise residences, The Arbour.
The complex is located at DLF Sixtythree on Golf Course Extension in Sector 63, Gurugram.
Moneycontrol was the first to report on DLF’s expected revenue for its new luxury project last month.
Even before it officially launched, The Arbour, which represents DLF’s entry into the Golf Course Extension mini market, had already sold out completely, according to a press filing. The opulent neighbourhood, which spans 25 acres, is home to five unique structures that reach heights of 38 or 39 stories. It consists of 1137 similar, well-appointed, roomy, and stylish 4 BHK + study + utility room layouts, with prices starting at Rs 7 crores.
Aakash Ohri, group executive director and chief business officer, DLF Ltd. said, “Our latest luxury offering, ‘The Arbour’, has received a phenomenal response even before it was launched. We are truly humbled by the interest we have received from the most discerning homebuyers in the country and overseas. This is clearly an endorsement of the highly aspirational DLF lifestyle. It is perhaps a new touchstone in the luxury real estate segment. Significantly, over 95% of the buyers are individuals who have bought into The Arbour for their end usage.”
Source : Money Control