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DLF’s Privana West project in Gurugram worth ₹5,590 crore sold out in three days

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

In January this year, DLF Privana South saw sales worth ₹7,200 crore within a few minutes.

Real estate developer DLF Ltd. on Thursday, May 9, said it’s latest ‘DLF Privana West’ project in Gurugram achieved a sellout of approximately ₹5,590 crore within three days.

Earlier this week, CNBC-TV18 had reported that DLF had sold out all apartments of the project, citing sources with knowledge of the matter.

The project is located within Sector 76 and 77 of Gurugram and spans across 12,572 acre, making it an integral part of DLF Privana, an integrated ecosystem spread across 1.16 lakh acre.

In January this year, DLF Privana South saw sales worth ₹7,200 crore within a few minutes.

The DLF Privana West project comprises of five towers with 795 residences, including 4BHK and penthouses. Each 4BHK unit has three car parks, while the penthouses feature four. It is located on the backdrop of the Aravali Range and is near the upcoming Safari Park.

“Anticipation for this project transcended borders with a substantial portion of buyers comprising NRIs,” said Aakash Ohri, the joint managing director and chief business officer of DLF Home Developers.

He said the company’s aspiration with DLF Privana and its associated projects is to emulate the success of DLF5, “by curating an integrated ecosystem of luxury residences amid abundant greenery, fulfilling the most coveted lifestyle requisites.”

DLF shares ended 0.47% lower at ₹851.85 apiece on Wednesday, May 8. The stock is up 97% in the last 12 months.

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
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