DLF’s latest luxury high-rise residences, ‘The Arbour’ witnessed pre-launch sales worth $1bln, in three days
Dubai: DLF, India’s largest publicly traded real estate company, reported a record-breaking $1 billion in pre-launch sales for its luxury residential towers The Arbour*, located at DLF Sixtythree in the Golf Course Extension in Sector 63. gurugram. The Arbor, which marks DLF’s entry into the micro-market at Golf Course Extension, sold out completely within three days of its launch. The luxury district stretches over 25 hectares and features five iconic towers that rise up to 38/39 floors. It includes well appointed, spacious and elegant 1137 identical 4 BHK + study + utility room configurations, with prices starting at US$850,000 per unit. The project has received a phenomenal response from NRIs (Non-Resident Indians) from the United Arab Emirates and GCC.
Aakash Ohri, Group Executive Director and Chief Business Officer, DLF Ltd., said: “Our latest luxury offering, ‘The Arbour’, has received phenomenal response even before its launch. We are truly impressed by the interest we have received from the most discerning home buyers in the country and abroad. This is clearly an affirmation of the highly demanding DLF lifestyle. It may be a new touchstone in the luxury real estate segment. Significantly, over 95% of buyers are individuals who have purchased The Arbor for their end use. We can only attribute this to the trust shown in us by our valued buyers, backed by a legacy of leadership of over 75 years. Our innovation, diligence and commitment to the customer, as well as the long wait for a new DLF high-rise project, have all contributed significantly to this response. The overwhelming response for a project of this magnitude naturally required an equally massive amount of paperwork. As always, we wanted to do this meticulously before officially announcing the market success.”
The residences at The Arbor are meant to be bold and sumptuous in their design, with thoughtful touches such as spacious decks to maximize light and fresh air, and ensure unobstructed views over the verdant greenery. The Arbor is pre-certified by the Indian Green Building Council (IGBC) with a platinum (highest) rating.
Mr. Ohri further added: “With its unrivaled location, impeccably designed, spacious residences and a host of lifestyle amenities, The Arbor will undoubtedly be one of the most desirable and groundbreaking developments in Gurugram. The area has evolved as a natural extension of the Golf Course Road into an accessible and emerging location with seamless connections to other parts of Gurugram as well as Delhi and Faridabad.”
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About DLF GmbH:
DLF is India’s leading real estate developer with a track record of sustainable growth, customer satisfaction and innovation spanning more than seven decades. DLF has developed more than 153 real estate projects and developed over 330 million square feet of space. The DLF Group has a development potential of approx. 215 msf in the residential and commercial segment. The group has a bond portfolio of over 40msf (approx). DLF is principally engaged in the development and sale of residential real estate (the “Development Business”) and the development and leasing of commercial and retail real estate (the “Annuity Business”). DLF Limited has been recognized as an index component of the Dow Jones Sustainability Indices (DJSI) in the Emerging Markets category for 3 consecutive years. This recognition demonstrates DLF’s track record for its governance, social and environmental initiatives. While DLF is the only real estate company from India to be included in the DJSI Index, it joins the ranks of just 17 Indian companies recognized for the Corporate Sustainability Benchmark. It also received 18 Swords of Honor – from the British Safety Council in 2022, the highest number any company has received anywhere in the world in a single year.
* PROMOTER – DLF HOME DEVELOPERS LIMITED
HARERA REGISTRATION NO. – RC/REP/HARERA/GGM/671/403/2023/ 15 DATED 01/23/2023