Last Updated: February 25, 2023, 19:07 IST
Crest and Camellias was the latest endeavour completed by DLF.
Alok Jain, a analysis skilled based mostly in Delhi, posted a photograph of individuals standing in line for what gave the impression to be the acquisition of luxurious properties value greater than Rs 7 crore.
An picture of a big crowd on the workplace of actual property developer DLF following the launch of a brand new challenge in Gurugram is at present going viral on the web. Alok Jain, a analysis skilled based mostly in Delhi, posted a photograph of individuals standing in line for what gave the impression to be the acquisition of luxurious properties value greater than Rs 7 crore. He additionally disputed claims that the true property market was supposedly in decline.
Weekend Investing’s founder acknowledged, “Someone sent me scenes from #DLF office where ppl are lining up to buy luxury homes worth 7 cr+ Where is the real estate slowing down!!? Arbour, a brand-new luxury development by DLF, is the company’s first high-rise condominium in almost ten years, according to a Moneycontrol article. Jain provided an update on the trending image on Tuesday. He claimed that a DLF dealer had informed him that all 1,137 apartments were sold within three days for a price of Rs. 7 crore each. He contributed to the article “Mind gone numb”.
In response to the message, a number of Twitter customers claimed that brokers or buyers would have made up the bulk of the consumers. The viral picture has left buyers perplexed. Still, there isn’t any phrase from the managing director of DLF. On Twitter, an individual wrote, “90 % is purchased by a number of teams of buyers/brokers. Have you visited Camelias on the Gurgaon Golf course? Everything is bought out from DLF. Go within the night and see what number of residence lights are switched on. Less than 40 per cent of inhabitants out of which half are on lease!”
Crest and Camellias was the recent endeavour finished by DLF. Arbour, which spans 25.8 acres and consists of five towers, is situated in Sector 63 of Gurgaon, according to the reports. The apartments, which have a total of 39 floors and a ground floor, are allegedly offered at a base price of 18,000 rupees per square foot and have the square footage of 3,900. Three parking spaces are available for each apartment, and they all have electric car charging stations.
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