Jagjit SinghMadhusudan KelaS.B. SardanaManav SardanaWarburg PincusDLF LimitedCRISILImperial Auto IndustriesStone Plant Investments

Manav Sardana buys INR 271 crore penthouse at DLF's The Dahlias; unit spans 17,200 sq ft super area, 10,500 sq ft carpet

Manav Sardana has purchased a penthouse at DLF's The Dahlias in Gurugram for INR 271 crore, marking India's most expensive single-unit residential transaction. The unit spans 17,200 sq ft in super area and 10,500 sq ft in carpet area, costing approximately INR 1.58 lakh per sq ft.

Outlook Luxe Outlook Luxe12 August 2026 · 02:48 UTC
CuriousCats Full Story

Manav Sardana's recent acquisition of a penthouse at DLF's The Dahlias for INR 271 crore has set a new benchmark in India's luxury real estate market, being the most expensive single-unit residential transaction to date.145

The penthouse boasts a super area of 17,200 square feet and a carpet area of 10,500 square feet, translating to a cost of approximately INR 1.58 lakh per square foot based on super area and nearly INR 2.6 lakh per square foot for the carpet area.23

Located on Gurugram's prestigious Golf Course Road, The Dahlias is part of a high-end residential cluster known for its luxury offerings. This purchase highlights the growing trend of high-value real estate transactions in India, with other notable deals in the vicinity, including a reported purchase of four apartments approaching INR 380 crore and investor Madhusudan Kela acquiring a home for around INR 120.7 crore.

Sardana is linked to the Sardana family, known for their long-standing association with Imperial Auto Industries, a major player in the automotive components sector. The company, established in 1969, has evolved significantly, with a majority stake acquired by Warburg Pincus in 2022, while the Sardana family retained a minority stake.

As the luxury real estate market continues to flourish, Sardana's purchase exemplifies the increasing appetite for high-end properties among affluent buyers in India.

Key Insight
“The penthouse price works out to roughly INR 1.58 lakh per square foot on super-area basis and nearly INR 2.6 lakh per square foot on carpet area. Other reported deals in the development include a INR 380 crore purchase of four apartments and a INR 120.7 crore home for Madhusudan Kela.”
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“He has put INR 271 crore into a single penthouse at DLF’s The Dahlias in Gurugram, reportedly making it India’s most expensive single-unit residential transaction.”
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Rs 271 crore Gurugram penthouse deal goes viral, with one reaction saying 'Gurgaon is soon going to leave NY behind'; price per sq ft rivals Manhattan condos
Asianet Newsable🇮🇳11 August 2026 · 13:55 UTC
Rs 271 crore Gurugram penthouse deal goes viral, with one reaction saying 'Gurgaon is soon going to leave NY behind'; price per sq ft rivals Manhattan condos

The Tribune notes the penthouse's price per square foot places it in the same bracket as premium Manhattan condominiums. Investor Madhusudan Kela previously bought a unit there for over Rs 120 crore, and demand is rising from wealthy buyers outside Delhi-NCR and NRIs.

🇮🇳11 August 2026 · 12:31 UTC
Entrepreneur Manav Sardana buys 10,500-sq-ft penthouse for Rs 271 crore, one of India's costliest home deals; DLF's Golf Links cluster sees record prices

The penthouse spans a 17,200-sq-ft super area, pricing at roughly Rs 1.58 lakh per sq ft, and is a standalone unit, making it the priciest single-unit home purchase in India. DLF's managing director Aakash Ohri says the development is about 65% sold, with prices crossing Rs 1 lakh per sq ft and growing NRI interest.

Rs 271 crore Gurgaon penthouse deal on 'Billionaire's Row' sets new price record; per-square-foot rates now rival Mumbai's top micro-markets
The Indian Express🇮🇳11 August 2026 · 10:22 UTC
Rs 271 crore Gurgaon penthouse deal on 'Billionaire's Row' sets new price record; per-square-foot rates now rival Mumbai's top micro-markets

The penthouse spans 17,200 square feet super area, translating to nearly Rs 2.6 lakh per square foot on carpet area. DLF's Aakash Ohri notes 25-30% of sales now come from out-of-state buyers and NRIs, broadening the buyer base beyond Delhi-NCR.

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Entrepreneur Manav Sardana buys Rs 271-crore DLF The Dahlias penthouse in Gurugram, India's most expensive; project 65% sold
🇮🇳11 August 2026 · 09:30 UTC
Entrepreneur Manav Sardana buys Rs 271-crore DLF The Dahlias penthouse in Gurugram, India's most expensive; project 65% sold

DLF's managing director Aakash Ohri said the project is about 65% sold with price realisation over Rs 1 lakh per sq ft and entry level at Rs 100 crore plus. The company expects total revenue exceeding Rs 40,000 crore from The Dahlias.

Entrepreneur Manav Sardana buys Rs 271 crore penthouse at DLF's The Dahlias; deal ranks among India's most expensive residential transactions
India Today🇮🇳11 August 2026 · 05:26 UTC
Entrepreneur Manav Sardana buys Rs 271 crore penthouse at DLF's The Dahlias; deal ranks among India's most expensive residential transactions

The purchase is for a single home, not a combination of apartments, and the property is part of DLF's super-luxury project on Gurugram's Golf Course Road. The development spans 7.5 million sq ft with 420 residences, including 15 duplex penthouses and a 3.5 lakh sq ft clubhouse.

DLF Dahlias penthouse in Gurugram sold for Rs 271 crore, surpassing Madhusudan Kela's Rs 120.7 crore record; project 65% sold
The Tribune🇮🇳11 August 2026 · 05:54 UTC
DLF Dahlias penthouse in Gurugram sold for Rs 271 crore, surpassing Madhusudan Kela's Rs 120.7 crore record; project 65% sold

The 17,200 sq ft residence translates to about Rs 1.58 lakh per sq ft on super-area basis, placing Gurugram's premium market alongside Manhattan's top condominiums. Nearly one-third of demand now comes from outside NCR and NRIs, signaling a shift toward pan-India and overseas buyers.

Entrepreneur Manav Sardana buys Rs 271 crore penthouse at DLF's The Dahlias in Gurugram; deal sets record for costliest single-unit residential transaction in India
🇮🇳10 August 2026 · 08:24 UTC
Entrepreneur Manav Sardana buys Rs 271 crore penthouse at DLF's The Dahlias in Gurugram; deal sets record for costliest single-unit residential transaction in India

The penthouse spans 17,200 sq ft super area with a carpet area of 10,500 sq ft, translating to about Rs 2.6 lakh per sq ft on carpet area. DLF's sales bookings plunged 94% to Rs 657 crore in Q1 FY2026-27, though the company remains confident of meeting its Rs 20,000 crore target.

Entrepreneur Manav Sardana buys penthouse in DLF's The Dahlias for Rs 271 crore; deal ranks among India's most expensive per sq ft
curlytales.com🇮🇳10 August 2026 · 12:16 UTC
Entrepreneur Manav Sardana buys penthouse in DLF's The Dahlias for Rs 271 crore; deal ranks among India's most expensive per sq ft

The 17,200 sq ft penthouse, with a carpet area of 10,500 sq ft, translates to nearly Rs 2.6 lakh per sq ft on carpet area, putting Gurugram close to Mumbai's priciest deals. Earlier, Madhusudan Kela bought an apartment in the same project for Rs 120.71 crore in April 2026.

Faridabad entrepreneur Manav Sardana's ₹271-crore penthouse deal at DLF's The Dahlias goes viral; internet says 'Gurgaon is soon going to leave NY behind'
News18🇮🇳11 August 2026 · 06:08 UTC
Faridabad entrepreneur Manav Sardana's ₹271-crore penthouse deal at DLF's The Dahlias goes viral; internet says 'Gurgaon is soon going to leave NY behind'

The penthouse spans about 17,200 sq ft, translating to roughly ₹1.58 lakh per sq ft, and around 65% of the development has already been sold. The project has attracted high-net-worth buyers from smaller cities and NRIs, reflecting growing demand for ultra-luxury homes in Gurugram.

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