On the internet, a picture of a sizable throng at the DLF headquarters after the debut of a brand-new property in Gurugram has gone viral. A photo of individuals standing around waiting for what seemed to be the sale of luxury houses costing something beyond ₹7 crores was uploaded online by Delhi-based research specialist Alok Jain. He also refuted assertions that the housing market was allegedly in decline. Take a look at the tweet yourself!
Luxury DLF Gurgaon Properties Sold Out Within 3 Days
Someone sent me scenes from #DLF office where ppl are lining up to buy luxury homes worth 7 cr+
Where is the real estate slow down!!? pic.twitter.com/yLlbt6rDgB
— Alok Jain ⚡ (@WeekendInvestng) February 17, 2023
In his tweet, Alok Jain wrote “Someone texted me scenes from #DLF office where people are lining up to buy luxury homes valued 7 cr+. Where is the slowdown in real estate happening?
DLF’s newest luxury project, Arbour, is the company’s first high-rise condominium in nearly ten years. On Tuesday, Jain provided further information on the popular picture. He asserted that a DLF dealer had told him that all 1,137 apartments had been sold for a price of ₹ 7 crores each in three days.
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Twitter Didn’t Back Out From Reacting To It
A number of Twitter users responded to the message by claiming that brokers or investors would have made up the majority of the buyers. Investors are baffled by the trending photo. The managing director of DLF has yet to communicate.
Here’s what some Twitteratis had to say about it:
7 cr is a huge number. Could be because of demographics in NCR, business families etc. In BLR anything beyond 3 cr will be hard.
— Subhankar (@subhankar_ghosh) February 18, 2023
Most of them come to inquire. I know this because I was in such a “crowd” too. Not for 7 cr but 4 cr.
— AKumar (@parwalkibarfi) February 18, 2023
looks more like a RE Agents mixer than potential buyers
— miten sampat (@miten) February 18, 2023
The most recent project completed by DLF was Crest and Camellias. According to the rumours, Sector 63 in Gurgaon is the location of Arbour, a 25.8-acre development with five towers. According to reports, the 39-floor residences, each measuring 3,900 square feet, are being offered. Their starting price is ₹18,000 per square foot. Each apartment has three parking places available to it, and they are all equipped with electric car charging stations.
Cover Image Courtesy: Canva
First Published: February 26, 2023 4:38 PM