Veteran investor Madhusudan Murlidhar Kela has bought an apartment in DLF Ltd’s super-luxury residential challenge, The Dahlias, for ₹120.70 crore, in keeping with paperwork accessed by CREMatrix.
Situated in DLF Metropolis Part 5, Sector 56, Gurugram, the ultra-luxury apartment has a complete space of 6,233 sq. ft. The registration of the property occurred on April 15, 2026. The Dahlias challenge contains 420 ultra-luxury residences.
The Dahlias challenge has attracted a number of excessive-profile patrons. In October 2025, a Delhi-primarily based industrialist acquired 4 residences for roughly ₹380 crore. Across the similar time, cricketer Shikhar Dhawan bought a residence at DLF The Dahlias for an estimated ₹69 crore. Earlier this yr, Ajit Jain of Berkshire Hathaway purchased a luxury apartment in the neighbouring The Camellias growth for near ₹85 crore.
DLF has offered 60% of stock at its super-luxury residential challenge, Aakash Ohri, Joint Managing Director and Chief Enterprise Officer, DLF House Builders, mentioned throughout the actual property developer’s earnings name in Could. Within the quarter ended March 31, 2026, DLF offered 32 ultra-luxury residences in The Dahlia’s for Rs 80-90 crore.
“So far as once we began off, what was about ₹60 crore is now ₹90 crore, and what was about ₹75 crore is now about ₹110 crore. New stock on the challenge is now touching ₹135 crore per apartment,” Ohri mentioned. “The great factor is that The Dahlias has caught up a lot quicker than we anticipated it to. We thought we’d obtain this goal in about 4 years, however we’ve finished it in a couple of yr and a half in phrases of per sq. foot realization,” Ohri added.
The orientation of residences has emerged as a key pricing differentiator inside the challenge. Residences going through north provide views of the lake and landscaped inexperienced areas, whereas south-going through models overlook the Aravalli hills. Relying on the scale and placement of the residence, this distinction in outlook can translate right into a value hole of ₹20 crore to ₹30 crore, in keeping with Ohri.
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