Info-X Software Technology Pvt Ltd, led by its director Rishi Parti, has acquired a sprawling 16,000 sq. ft. Penthouse in the exclusive ultra-luxury project by DLF, The Camellias, Gurugram, for a record-breaking ₹190 crore. The transaction, among India’s most expensive apartment deals, was officially registered on December 2. According to data from CRE Matrix, a real estate analytics platform, the company also paid a hefty ₹13 crore stamp duty for the purchase.
“The transaction highlights the growing economy of India and how businesses are thriving. This has brought liquidity to the market, and one segment that has benefited most is the uber-luxury real estate,” said Ashwin Chadha, CEO of India Sotheby’s International Realty. “Top business leaders are willing to spend this much money on real estate, and we are seeing this trend pan-India.”
A recent transaction at DLF’s The Camellias in Gurugram set a record, with the property sold at ₹1,20,000 per sq. ft. on a super area basis, making it one of the most expensive deals in the country.
The rising demand for luxury real estate has pushed property prices in Gurugram and Delhi’s upscale areas to levels comparable to Mumbai’s prestigious neighborhoods. In these prime locations, the per-square-foot price has now exceeded ₹1,20,000.
Notably, around 15% of The Camellias’ homeowners have upgraded from DLF’s earlier high-end projects, The Magnolias and The Aralias, highlighting its growing popularity among affluent buyers.
Most buyers at DLF’s The Camellias in Gurugram hail from the Delhi-NCR region. Prominent owners include Aman Gupta, co-founder of BoAt; JC Chaudhry, founder of Aakash Educational Services; and the Elan Group, a leading real estate firm. Several startup founders have also invested in luxury apartments within the complex.
