Gurugram penthouse sells for Rs 271 crore, India's costliest home deal ever, putting DLF's The Dahlias in league with Mumbai's priciest residences
Shikhar DhawanMadhusudan Murlidhar KelaMadhusudan KelaAakash OhriManav SardanaImperial AutoWarburg PincusDLF Limited

Gurugram penthouse sells for Rs 271 crore, India's costliest home deal ever, putting DLF's The Dahlias in league with Mumbai's priciest residences

A penthouse in Gurugram has sold for Rs 271 crore, marking India's most expensive residential deal ever. The purchase by entrepreneur Manav Sardana at DLF's The Dahlias places it alongside Mumbai's luxury properties, with prices reaching Rs 2.6 lakh per sq ft on carpet area.

tribuneindia.com tribuneindia.com+2 sources10 August 2026 · 08:24 UTC
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A penthouse in Gurugram has set a new record as India's most expensive residential sale, fetching ₹271 crore. Purchased by entrepreneur Manav Sardana at DLF's The Dahlias, the deal eclipses the previous record of ₹120.7 crore set by investor Madhusudan Kela.1269

The penthouse spans 17,200 sq ft of super area and 10,500 sq ft of carpet area, translating to approximately ₹1.57 lakh per sq ft on super area and ₹2.58 lakh per sq ft on carpet area. This pricing aligns Gurugram's luxury market with that of Manhattan, where premium units command similar rates.3

The Dahlias, launched in October 2024, comprises 420 residences set across 17 acres, with over 65% already sold. DLF has noted a significant shift in its buyer demographic, with nearly a third of demand now coming from non-resident Indians and buyers outside the National Capital Region, indicating a growing interest in Gurugram's ultra-luxury market.

The transaction underscores Gurugram's emergence as a hub for super-luxury housing, a status solidified over the past decade through DLF's developments. The project is expected to generate over ₹40,000 crore in total revenue, with prices consistently exceeding ₹1 lakh per sq ft across the development.

As demand for luxury apartments rises post-COVID, Gurugram and Mumbai continue to witness significant sales in the high-end real estate sector.

Key Insight
“The 17,200 sq ft super area penthouse translates to about Rs 1.58 lakh per sq ft, a rate that now rivals Manhattan's premium condos. The deal surpasses the previous record of Rs 120.7 crore set by investor Madhusudan Kela in the same project.”
CuriousCats studied:
1
tribuneindia.comtribuneindia.com
“A single penthouse in Gurugram has just sold for Rs 271 crore a price tag that puts it in the same league as prime Manhattan real estate, and makes it the most expensive single residential transaction ever recorded in India.”
tribuneindia.com →
2
Hindustan Times
“Entrepreneur Manav Sardana, who was associated with Imperial Auto before it was acquired by global private equity firm Warburg Pincus, has bought a penthouse at DLF’s The Dahlias in Gurugram for ₹271 crore, sources said.”
Hindustan Times →
3
Moneycontrol.com
“Realty major DLF Ltd has sold a penthouse for Rs 271 crore at its upcoming luxury housing project in Gurugram, making it one of the costliest deals in terms of per square feet, according to sources.”
Moneycontrol.com →
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