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DLF’s The Camellias Sees ₹270 Crore in Ultra-Luxury Property Registrations in Gurugram

Luxury Transactions in the Camellias

Gurugram’s ultra-luxury housing market continues to set new benchmarks. DLF’s flagship project, The Camellias, recorded four high-value property registrations worth a combined ₹270 crore in September 2025, according to data accessed by CRE Matrix.

The transactions included two primary sales of penthouses directly from DLF and two secondary-market deals. This brings out both investor confidence and end-user demand for India’s most coveted residential address.

A 14,830 sq ft penthouse, originally sold to Rahul Talwar and Ashna Vijay Chopra in 2015 for ₹59.64 crore, was recently registered with a stamp duty of ₹3.57 crore. The residence includes five parking spaces, as per CRE Matrix records dated September 15, 2025.

Another 13,035 sq ft penthouse, sold in 2021 to Chandrika Thatai for ₹51.17 crore, was registered on September 26, 2025. The deal carried a stamp duty of ₹2.55 crore and includes five parking spaces. Thatai, a fashion accessories entrepreneur and home textile exporter, is among the growing list of successful entrepreneurs investing in DLF’s marquee property.

In the secondary market, Rachna Sawhney sold a 7,361 sq ft apartment to Parmeet Singh Chadha and Gurminder Kaur Chadha for ₹65 crore. The deal, registered on September 24, 2025, attracted a stamp duty of ₹3.90 crore and came with four parking spaces. The apartment is reportedly valued at ₹85–90 crore, reflecting the property’s strong appreciation potential.

In another high-profile deal, Pioneer Urban Land and Infrastructure Limited acquired a 9,419 sq ft apartment from Anuradha Duggal for ₹95 crore. Registered on September 29, 2025, the deal carried a stamp duty of ₹6.65 crore and includes five parking slots. The transaction underscores continued institutional and corporate interest in luxury real estate as a long-term asset.

Located on Golf Course Road in Gurugram, DLF The Camellias represents the pinnacle of ultra-luxury living in India. With expansive layouts, private terraces, world-class amenities, and panoramic views of the Aravalli Hills, the project has become a magnet for India’s elite — from industrialists and business leaders to celebrities and investors.

The property consistently commands among the highest price points per square foot in the country, often exceeding ₹1 lakh per sq ft for prime units. This demand surge highlights a broader trend: the resilience and growth of India’s luxury housing segment, even amid broader market fluctuations.

The recent ₹270 crore worth of registrations at The Camellias are not just isolated high-value deals; they signify a deeper shift in India’s real estate market. Affluent buyers are increasingly prioritizing lifestyle, exclusivity, and asset value, while developers like DLF continue to raise the bar in design and luxury experience.

As India’s wealth base expands, ultra-luxury projects like The Camellias are expected to remain the preferred choice for both long-term investors and end-users seeking unmatched comfort, security, and prestige.

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Zomato Hyperpure Expands Supply Chain with 5.5 Lakh Sq Ft Lease in Bhiwandi

Zomato Leases Warehouse Space

Zomato Hyperpure, the business-to-business division of Eternal Ltd (formerly Zomato Ltd), has made a significant move to scale its supply chain infrastructure by leasing over 5.5 lakh sq ft of warehousing space in Bhiwandi near Mumbai. According to data from CRE Matrix, the company has paid a security deposit of ₹8.57 crore and stamp duty of ₹26.98 lakh for the lease registration.

The facility, located at Hiranandani Industrial Park, Mauje Pogaon, spans 553,249 sq ft and has been taken on a five-year lease with a 48-month lock-in period. The agreement starts with a monthly rent of ₹1.71 crore and includes a 150-day rent-free period to facilitate fit-out work and operational setup before rent payments commence in full.

This marks Hyperpure’s second major warehousing lease in Bhiwandi within two months. In September, the company took up another 250,000 sq ft facility in the same region. The consistent expansion reflects Zomato’s commitment to building a robust, tech-enabled logistics network to support its fast-growing B2B food supply business.

Bhiwandi has long been a preferred warehousing and logistics hub in the Mumbai Metropolitan Region (MMR). Its connectivity to Mumbai, Thane, and Navi Mumbai, and its proximity to the Mumbai–Nashik Highway and Jawaharlal Nehru Port (JNPT) make it ideal for large-scale occupiers such as e-commerce, retail, and food service companies.

It should be noted that large, structured leases like this underline sustained demand for Grade A warehousing in India. The country’s warehousing sector continues to see robust traction driven by rising consumption, e-commerce growth, and supply-chain consolidation.

As companies prioritize efficiency and scalability, the trend is shifting towards long-term leases in modern, tech-integrated industrial parks. Zomato Hyperpure’s latest move is a clear example of this transformation, where logistics infrastructure becomes a strategic growth enabler, not just a backend function.

With demand from sectors such as manufacturing, retail, and food services continuing to rise, industry watchers expect this momentum to sustain well into the next few years.

Recent Transactions

Mumbai’s warehousing market continues to attract major occupiers, with several large-scale lease deals recently signed across key logistics hubs like Bhiwandi and Panvel. Strong connectivity, rising consumption, and Grade A infrastructure are driving sustained demand from e-commerce, retail, and manufacturing players.

In a recent transaction, FM India Supply Chain Private Limited leased 1.31 lakh sq ft of industrial space at Lodha Industrial Park, located in Palava City, Thane district, near Mumbai.

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Capgemini Sells Airoli Knowledge Park to Panchshil Realty Subsidiary in ₹550 Crore Deal

Capgemini sells land parcel to panchshil realty

In one of the largest commercial real estate transactions of 2025 in the Mumbai Metropolitan Region (MMR), Prime Lohegaon Infraspaces LLP,  a subsidiary of Pune-based Panchshil Realty, has acquired Capgemini’s Knowledge Park in Airoli, Thane, for ₹550 crore. The transaction was registered on September 17, 2025. It also attracted a stamp duty of ₹27.5 crore, according to property registration documents accessed by CRE Matrix.

Located in the Thane Creek Industrial Area at Dighe, Airoli, the acquisition includes multiple land parcels and buildings spread over 15.38 acres. The expansive campus comprises five commercial buildings, a training center, utility structures, a visitors’ plaza, three cafes, and a guest house, making it a significant commercial hub in the region.

The Knowledge Park has been a key IT hub, housing thousands of technology professionals over the years. Several prominent companies, including Here Technologies (Here Mumbai), GEP, Atos Global IT Solutions & Services Pvt Ltd, and Solcen Technologies Pvt Ltd, currently occupy office spaces within the campus.

This acquisition reflects Panchshil Realty’s growing interest in strategic commercial assets in prime urban micro-markets. Airoli, known for its robust infrastructure, excellent connectivity to Mumbai and Navi Mumbai, and an established IT ecosystem, has emerged as one of the most sought-after commercial destinations in the MMR.

For Panchshil Realty, a developer with a strong footprint in Pune’s commercial real estate segment, this deal signifies a strategic expansion into Mumbai’s thriving IT corridor. The asset’s scale, location advantages, and tenant profile make it a valuable addition to Panchshil’s growing commercial portfolio.

Recent Transactions

Mumbai and its neighboring city, Thane, have seen strong activity in the commercial real estate market. Increasing interest in office, retail, and mixed-use properties reflects the region’s status as a prime business hub for investors and developers. 

In a recent transaction, Lumina CloudInfra Pvt Ltd, backed by global investment giant Blackstone, acquired two prime land parcels in Chandivali, Andheri East, for a combined ₹475 crore. In another translation, the Reserve Bank of India (RBI) acquired a 4.61-acre land parcel at the prestigious Nariman Point in South Mumbai for ₹3,472 crore. 

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Lumina CloudInfra Acquires Prime Chandivali Land in ₹475 Crore Deal

Lumina Cloudinfra Acquires Chandivali Land

In one of the largest recent land transactions in Mumbai’s eastern suburbs, Lumina CloudInfra Pvt Ltd, backed by global investment giant Blackstone, has acquired two prime land parcels in Chandivali, Andheri East, for a combined ₹475 crore. According to documents accessed by CRE Matrix, the company purchased 2.04 acres from Prasoon Spaces LLP for ₹294 crore, with stamp duty of ₹17.64 crore, and 1.75 acres from Chawla Brothers LLP for ₹181 crore, with stamp duty of ₹10.86 crore. Both transactions were registered on September 19, 2025.

The combined 3.79-acre parcel is strategically located in Chandivali, a well-established residential-commercial hub near Powai, Saki Naka, and key arterial roads in Andheri East. The area has seen growing demand for residential townships, IT/ITES campuses, and data center developments, making it an attractive acquisition for infrastructure-focused investors.

Lumina CloudInfra, a data center platform owned and managed by Blackstone’s Real Estate and Tactical Opportunities funds, had announced in November 2023 plans to invest over $300 million (around ₹2,500 crore) to develop a hyperscale data center campus in Navi Mumbai’s Airoli locality. The Chandivali acquisition aligns with Blackstone’s India strategy of expanding its portfolio in high-demand, infrastructure-backed assets, particularly in residential, commercial, and tech-driven developments.

As Mumbai’s eastern corridor continues to evolve as a hub for IT, residential, and data infrastructure, this acquisition underscores the growing interest of global investors in strategically located land parcels with strong long-term growth potential.

Recent Transactions

Recent land transactions in Mumbai signal strong investor confidence, with major deals in key suburban hubs reflecting rising demand for strategically located parcels for commercial developments.

In a recent transaction, the Reserve Bank of India (RBI) acquired a 4.61-acre land parcel at the prestigious Nariman Point in South Mumbai for ₹3,472 crore. In another transaction, the Adani Group acquired a premium land parcel spanning more than 1.1 acres in South Mumbai’s Carmichael Road. 

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US-Based NRI Couple Buys Two Sea-Facing Luxury Apartments in Bandra for ₹56 Crore

US NRI couple buys apartments in Bandra 1

A US-based Non-Resident Indian (NRI) couple has made headlines by purchasing two sea-facing luxury apartments in Bandra West, Mumbai, for a staggering ₹56 crore. The transaction was registered on September 3, 2025, and is among the highest-value deals recorded in the area, according to property registration documents accessed by CRE Matrix.

The two apartments are part of the prestigious Satguru Kismet project, located in a prime neighborhood close to Sachin Tendulkar’s bungalow, the vibrant Carter Road promenade, and the upcoming Bandra-Versova Sea Link connector. Each apartment spans 2,189 sq ft, with an additional balcony deck area of around 120 sq ft, offering panoramic sea views and ample living space. 

The apartments were sold at a record price of ₹1.27 lakh per sq ft, which places them among the highest rates in Bandra West. Industry experts noted that while some apartments in Pali Hill, Bandra West, have been sold at rates exceeding ₹1.40 lakh per sq ft, such sea-facing properties continue to attract ultra-premium pricing due to their location and exclusivity.

The financial structure of the deal reveals that the NRI couple made a significant down payment of nearly ₹10 crore to the developer, with the remaining balance payable in phased installments. Additionally, the buyers paid a stamp duty of ₹1.68 crore and a registration fee of ₹30,000 for each apartment, in line with regulatory requirements.

Currently, Satguru Kismet is an under-construction project with a RERA deadline set for December 2027. Given its ultra-prime location, sea-facing view, and high-end specifications, the project continues to attract interest from NRIs and wealthy individuals seeking luxury homes in Mumbai.

Bandra West has long been a favorite among affluent homebuyers, offering a unique blend of scenic coastal views, strong connectivity, and access to Mumbai’s best lifestyle amenities. The area’s status as a residential and commercial hotspot remains unchallenged, further driven by infrastructure developments such as the upcoming Bandra-Versova Sea Link. This landmark deal highlights the continued demand for high-value properties in Mumbai and reflects the confidence of NRIs in the city’s real estate market as a strong investment opportunity.

Recent Transactions

Recent high-value property deals highlight Mumbai’s booming luxury real estate market, with NRIs and investors acquiring premium sea-facing apartments in Bandra and nearby localities. In a recent transaction, Pradeep Navratna Gupta, Co-Founder and Vice Chairman of Anand Rathi Wealth, purchased a sprawling apartment at Lodha Sea Face in Worli for a staggering ₹1,31.74 crore.

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Tesla Expands India Presence with 33,000 Sq Ft Lease in Gurugram for Service and Delivery Operations

Tesla Leases Space for Service center in Gurugram (2)

In a major step towards strengthening its operations in India, global electric vehicle (EV) giant Tesla has leased over 33,000 square feet at Orchid Business Park on Gurugram’s Sohna Road, according to documents accessed by real estate analytics platform CRE Matrix. This marks Tesla’s continued commitment to establishing a robust EV ecosystem in the country.

The lease agreement, signed on July 28 under the name Tesla India Motors and Energy Pvt. Ltd., is valid for nine years with a three-year lock-in period. The facility will serve as a multi-functional centre—housing a service centre, delivery hub, and retail outlet for Tesla’s growing customer base in the Delhi-NCR region.

As part of the deal, Tesla has taken over the entire ground floor of the Orchid Business Park, covering 33,475 sq ft. The monthly rent is set at Rs 40.17 lakh, calculated at Rs 120 per sq ft, with an annual escalation of 4.75%. The automaker has also paid a stamp duty of Rs 20.69 lakh and deposited Rs 2.41 crore as a security deposit. Additionally, Tesla has secured 51 dedicated car parking slots as part of the transaction.

This new Gurugram facility adds to Tesla’s rapidly growing footprint in India. The company is also set to unveil its second showroom in the country on August 11, located at Worldmark 3 in Aerocity, New Delhi, near the IGI Airport. This follows the successful launch of Tesla’s first Indian showroom—a 4,000 sq ft space at Maker Maxity Mall in Mumbai’s Bandra Kurla Complex (BKC).

Earlier in May 2025, Tesla leased over 24,000 sq ft of warehousing space from Lodha Logistics Park in Kurla (West), Mumbai, at a monthly rent starting from Rs 37.5 lakh. That move underlined Tesla’s focus on building a strong backend supply chain to support vehicle delivery and after-sales service in India.

With these strategic leases, Tesla appears to be laying the groundwork for a full-fledged India launch, potentially ahead of local production or larger import volumes. As the country ramps up infrastructure and incentives for EV adoption, Tesla’s moves indicate long-term confidence in the Indian market.

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K Raheja Corp Subsidiary Acquires 7.43 Acres in Mahalunge, Pune for ₹195 Crore

K raheja Acquires land parcel in Pune

In a major land acquisition move, Mumbai-based real estate major K Raheja Corp, through its subsidiary KRC Queens Pvt Ltd, has purchased a 7.43-acre land parcel in Mahalunge near Pune’s thriving Hinjewadi IT hub. According to property registration data accessed by CRE Matrix, the transaction was valued at ₹195 crore and was officially registered on July 21, 2025.

The land has been acquired from Pune-based Mahalunge Real Estate Developers Pvt Ltd and is reportedly earmarked for a large-scale township development. With growing interest in integrated township models in Pune’s rapidly expanding western corridor, this acquisition signals K Raheja Corp’s continued focus on high-potential micro-markets.

The deal also involved a stamp duty payment of ₹13.67 crore, reflecting the premium nature of the parcel and the location’s rising importance as a real estate hotspot.

Mahalunge, located adjacent to Hinjewadi and Baner, is part of the Pune Metropolitan Region Development Authority’s (PMRDA) smart city development initiatives. With a blend of connectivity, infrastructure upgrades, and residential demand, the area has emerged as a magnet for large-scale real estate investments.

K Raheja Corp’s entry reinforces the trend of top-tier developers staking claim in Mahalunge’s future. With this acquisition, the company is poised to contribute to the next phase of Pune’s urban transformation.

Pune’s real estate landscape is witnessing momentum, with several notable land deals shaping its growth trajectory. In a similar transaction, in November 2024, The Lodha Group purchased a 2.82-acre land plot in Pune’s Hinjewadi for approximately Rs 111 crore. 

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Mirzapur Actor Shweta Tripathi Buys ₹3 Cr Apartment in Chembur’s Supreme Boulevard

Shweta Tripathi Buys Chembur Apartment

According to documents accessed by CRE Matrix, acclaimed actor Shweta Tripathi, best known for her role in the hit series Mirzapur, has purchased a 3 BHK apartment in Chembur, Mumbai, for ₹3 crore. The property is located in Supreme Boulevard, a residential project developed by Mumbai-based real estate firm Supreme Universal.

The apartment spans 938 sq ft of usable area and is situated on the 9th floor of the building. Registered on July 2, 2025, the transaction involved a stamp duty of ₹15 lakh and registration charges of ₹30,000. Notably, Shweta Tripathi availed a stamp duty concession under the Maharashtra government’s policy that offers financial relief to women homebuyers.

The per square foot rate for the apartment stands at ₹32,000, and the deal includes two car parking spaces—an increasingly valued asset in the city’s competitive housing market.

Chembur, a suburb in eastern Mumbai, has experienced a surge in popularity in recent years, partly due to its improved connectivity and the influx of prominent developers. The area gained significant spotlight following two major acquisitions by Godrej Properties – the purchase of the iconic Raj Kapoor Studio and the Raj Kapoor bungalow. The current building under development on that land is part of Godrej’s broader strategy to redefine Chembur’s residential landscape.

With well-established social infrastructure and proximity to major business districts, Chembur continues to attract both end-users and investors alike. Shweta Tripathi’s recent investment further highlights the area’s growing appeal among Mumbai’s high-profile residents.

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Asha Bhosle Sells Luxury Apartment in Pune’s Panchshil One North for ₹6.15 Crore

Asha Bhosle Sells Apartment

Legendary singer Asha Bhosle, along with her son Anand Bhosle, has sold their 3,401 sq ft luxury apartment in Pune for ₹6.15 crore. According to the documents accessed by CRE Matrix, the transaction was registered on July 14, 2025. This transaction reflects the consistent appreciation of high-end real estate in Pune’s eastern corridor.

According to the documents accessed, Bhosle originally purchased the apartment in February 2013 for ₹4.33 crore. With the recent sale, the iconic singer has earned a return on investment of approximately 42% over a 12-year holding period.

The apartment is located in Panchshil One North, a premium residential development near Magarpatta City, a thriving IT and commercial hub in Pune. The unit, situated on the 19th floor, includes a 182 sq ft terrace and was sold along with five dedicated parking spaces—a rare and valuable amenity in urban residential markets.

The property has been acquired by two Pune-based buyers, Prerna Gaikwad and Sangram Gaikwad. Public records reveal that over ₹43 lakh was paid in stamp duty, along with a ₹30,000 registration fee.

Strategically located, Panchshil One North offers seamless connectivity. It is approximately 9 km from Pune Airport, 6 km from Kharadi, an emerging IT and business district, and 25 km from Hinjewadi, Pune’s largest IT hub. The project, developed by Panchshil Realty, is known for its upscale residences, world-class amenities, and proximity to key business zones.

This transaction reaffirms the continued demand for luxury homes in well-connected and infrastructure-rich micro-markets, such as Magarpatta and Kharadi. With increasing interest from end-users and investors alike, Pune’s premium residential segment continues to show robust capital appreciation and investment potential.

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Golf Links Bungalow Sold for ₹100 Crore in Lutyens’ Delhi Luxury Deal

Golf Links Bungalow sold for Rs 100 crore

Yashwant Singh, a member of a Rajasthan royal family, has purchased a bungalow in Delhi’s upscale Golf Links area for a staggering ₹100 crore, according to property registration records accessed via CRE Matrix.

The transaction, registered on June 12, 2025, includes a land parcel of 588.97 sq. m with a built-up area of 867.33 sq. m. Singh has reportedly paid ₹7 crore in stamp duty and corporation tax. The seller of the property is Anu Jindal, currently residing in The Camellias, Gurugram. Singh’s address is listed as the prestigious APJ Abdul Kalam Road, New Delhi.

The bungalow, true to Lutyens’ charm, is a 2.5-storey structure that includes a basement, ground and first floors, a barsati (terrace room), and dedicated servant quarters.

Experts say that this deal reaffirms the sustained allure of the Lutyens Bungalow Zone (LBZ), where demand far exceeds supply. Golf Links, in particular, remains one of the most coveted addresses in the capital. With very few listings at any time, buyers often face stiff competition for a foothold in this elite enclave.

Lutyens Bungalow Zone is not just expensive; it’s also highly regulated. As a designated heritage zone, areas like Golf Links, Prithviraj Road, parts of Sunder Nagar, and Bengali Market fall under strict development norms. These include height restrictions, low floor-area ratios (FARs), and limitations on reconstruction.

While the zone is undeniably prestigious, it doesn’t always offer the spatial luxuries one might expect at this price point. In fact, few bungalows here exceed 10,000 sq. ft. of carpet area. But what it lacks in scale, it more than makes up for in legacy, location, and exclusivity.

This ₹100 crore deal is not just a headline-grabber. It’s a signal that Lutyens’ Delhi, and Golf Links in particular, remain untouched by market slowdowns or cyclical shifts. It represents a class of Indian real estate that is less about square footage and more about stature.

Recent Transactions

High-value transactions in Delhi’s luxury real estate market signal continued buyer interest in marquee addresses. In prime zones like Golf Links and across Lutyens’ Delhi, demand remains strong despite limited inventory and strict heritage development norms.

In a recent transaction, Delhi High Court senior advocate Arun Kathpalia purchased a 763 sq yard bungalow in the same Golf Links neighborhood for ₹69 crore. In another transaction, Sanjay Kukreja, a partner at ChrysCapital, and his wife, Shaveta Sharma, purchased a 1,250-square-yard bungalow for ₹155 crore.

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