Dedicated locality research platform
Enter your email address and you will receive
a link to reset your password
Smiti Agarwal, a director at Wesbok Lifestyle Pvt Ltd and spouse of V Bazaar CMD Hemant Agarwal, has acquired a lavish apartment within The Camellias by DLF, nestled in Gurugram. Documents unveiled by CRE Matrix reveal the purchase amounting to Rs 95 crore.
Located in the prestigious DLF The Camellias on Golf Course Road, DLF Phase 5, Gurugram, the apartment has an expansive 10,813 sq. ft of living space, accompanied by the convenience of five parking spaces, as per the disclosed documents.
According to retrieved documents the sale deed was executed in the name of Smiti Agarwal on January 18, 2024. The paperwork revealed that she paid a stamp duty of INR 4.75 crore for the transaction, as well as registration fees of INR 50,003.
Interestingly, this acquisition demonstrates the demand for luxury homes in prime areas. The increase in per-square-foot pricing at The Camellias reflects a developing landscape in which luxury living passes ordinary accommodation and becomes a symbol of status and popularity.
The soaring property values at The Camellias mirror a broader trend observed across DLF's Golf Links projects, including The Aralias and The Magnolias, where prices have witnessed remarkable escalations over the past year.
With around 15% of property owners upgrading from nearby projects such as The Magnolias and The Aralias, The Camellias demonstrates its unmatched appeal to discerning buyers seeking a luxury lifestyle. Moreover, the pandemic-induced paradigm shift towards remote work has fuelled a rise in real estate sales. DLF experienced an increase in Camellias units sold, surpassing previous years' figures.
Aside from that, Delhi-NCR, which includes Gurugram, has seen several high-end property transactions, with this purchase being the most recent in the series. In October 2023, an 11,000 sq. ft flat at The Camellias by DLF on Gurgaon's Golf Course Road was resold for more than INR100 crore. In the same month, MakeMyTrip group CEO Rajesh Magow paid INR 33 crore for a 6,428 sq. ft unit at DLF Magnolias in Gurugram, while Genpact's top human resources officer Piyush Mehta paid INR 32.60 crore for a 6,462 sq. ft property in the same complex. In August 2023, comedian and actor Bhuvan Bam paid INR11 crore for a home in Greater Kailash-III, South Delhi.
As the real estate landscape continues to evolve, The Camellias stands as a beacon of luxury living, reshaping the contours of high-end residential developments in the heart of Gurugram's thriving metropolis.
Propscience is India’s dedicated property news portal. We cover the latest events, news, trends, deals, new launches and more.
All our services and tools are completely free of cost and available 24X7!
We use cookies to give you the best possible service while using our website, please click accept and carry on browsing if you're happy with this. For more information see our Privacy Policy.
Okay, Got it!This disclaimer ("Disclaimer") is applicable to the entire Site. Upon entering the Site it is recommended that you immediately read the Terms and Conditions and Privacy Policy listed therein. Your continued usage of this Site will indicate your unconditional acceptance of the said Terms and Conditions and Privacy Policy. You hereby agree that Propscience reserves the right to modify at any time, the Terms and Conditions and Privacy Policy governing this Site without prior notification. Your usage of the Site implies that you will be bound by any such modification. You agree and acknowledge that it is your responsibility to periodically visit the Site and stay updated with the Terms and Conditions and Privacy Policy of the Website.
The information contained in this Site has been provided by Propscience for information purposes only. This information does not constitute legal, professional or commercial advice. Communication, content and material within the Site may include photographs and conceptual representations of projects under development. All computer-generated images shown on the Site are only indicative of actual designs and are sourced from third party sites.
The information on this Site may contain certain technical inaccuracies and typographical errors. Any errors or omissions brought to the attention of Propscience will be corrected as soon as possible. The content of this Site is being constantly modified to meet the terms, stipulations and recommendations of the Real Estate Regulation Act, 2016 ("RERA") and rules made thereunder and may vary from the content available as of date. All content may be updated from time to time and may at times be out of date. Propscience accepts no responsibility for keeping the information in this website up to date or any liability whatsoever for any failure to do so.
While every care has been taken to ensure that the content is useful, reliable and accurate, all content and information on the Site is provided on an "as is" and "as available" basis. Propscience does not accept any responsibility or liability with regard to the content, accuracy, legality and reliability of the information provided herein, or, for any loss or damage caused arising directly or indirectly in connection with reliance on the use of such information. No information given under this Site creates a warranty or expands the scope of any warranty that cannot be disclaimed under applicable law.
This Site provides links to other websites owned by third parties. Any reference or mention to third party websites, projects or services is for purely informational purposes only. This information does not constitute either an endorsement or a recommendation. Propscience accepts no responsibility for the content, reliability and information provided on these third-party websites. Propscience will not be held liable for any personal information of data collected by these third parties or for any virus or destructive properties that may be present on these third-party sites.
Your use of the Site is solely at your own risk. You agree and acknowledge that you are solely responsible for any action you take based upon this content and that Propscience is not liable for the same. All details regarding a project/property provided on this Site are updated on the basis of information available from the respective developers/owners/promoters. All such information will not be construed as an advertisement. To find out more about a project / development, please register/contact us to visit the site you are interested in. All decisions taken by you in this regard will be taken independently and Propscience will not be liable for any such loss in connection with the same. This Site is for guidance only. Your use of this Site - including any suggestions set out in the Site and or any use of the resources available on this Site, do not create any professional - client relationship between you and Propscience. Propscience cannot accept you as a client until certain formalities and requirements are met.
We use cookies to give you the best possible service while using our website, please accept it and continue browsing if you're happy with this. For more information see our Privacy Policy