- Manav Sardana bought a penthouse at DLF The Dahlias for Rs 271 crore in Gurugram
- The penthouse spans 17,200 sq ft super area and 10,500 sq ft carpet area
- DLF The Dahlias is a 17-acre ultra-luxury project with 420 units in Gurugram
Entrepreneur Manav Sardana has purchased a penthouse at DLF's ultra-luxury residential project 'The Dahlias' in Gurugram for Rs 271 crore, making it one of the country's most expensive single-home property transactions reported so far. The property is located in DLF The Dahlias, the developer's flagship super-luxury project in Sector 54 along Golf Course Road.
The penthouse has a super area of approximately 17,200 sq ft, while its carpet area is around 10,500 sq ft. Based on the reported transaction value, the property works out to nearly Rs 1.58 lakh per sq ft on the super-area basis and about Rs 2.6 lakh per sq ft on the carpet area.
The deal highlights the high prices being fetched by luxury homes in Gurugram, with high-end apartments and penthouses gaining increasing popularity among high-net-worth investors.
Who is Manav Sardana?
Sardana is associated with the Sardana family, which has longstanding interests in the automotive components industry through Imperial Auto Industries. His father, SB Sardana, co-founded Imperial Auto Industries with Jagjit Singh in 1969. The Faridabad-based company manufactures fluid transmission products for the automotive and off-highway sectors and has built a significant presence in the industry.
Sardana has remained involved with the family business and is listed as a director in more than a dozen companies associated with the Imperial Auto group, according to public corporate records. These include Imperial Silicon Private Limited, Kreuz Hydraulics Private Limited, and Imperial Martor Engine Tubes Private Limited.
Inside DLF 'The Dahlias'
DLF launched 'The Dahlias' in October 2024 as a 17-acre super-luxury development in DLF Phase 5, Gurugram.
The project comprises around 420 apartments and penthouses, with individual apartments reportedly priced between Rs 100 crore and Rs 170 crore. Penthouses command even higher prices because of their larger layouts and premium positioning.
DLF expects the project to generate more than Rs 40,000 crore in revenue and has already sold over 65% of its units, according to a PTI report.
The Dahlias are not DLF's first ultra-premium project to put Gurugram on India's luxury housing map. Its earlier development, The Camellias, helped establish the Golf Course Road area as one of the country's most exclusive residential addresses.
The post-pandemic period has brought strong demand for luxury housing across India's major property markets. Gurugram and Mumbai, in particular, have seen a string of high-value apartment and penthouse transactions as wealthy buyers increasingly seek larger, more exclusive homes. DLF, one of India's largest real estate developers, has developed more than 185 projects covering over 352 million sq ft of area.
