{"id":3168,"date":"2023-12-22T17:51:00","date_gmt":"2023-12-22T12:21:00","guid":{"rendered":"https:\/\/www.crematrix.com\/blog\/?p=3168"},"modified":"2026-05-19T18:00:41","modified_gmt":"2026-05-19T12:30:41","slug":"makemytrip-ceo-and-genpact-executive-buy-luxury-apartments-in-gurugram-for-%e2%82%b933-crore-each","status":"publish","type":"post","link":"https:\/\/www.crematrix.com\/blog\/makemytrip-ceo-and-genpact-executive-buy-luxury-apartments-in-gurugram-for-%e2%82%b933-crore-each\/","title":{"rendered":"MakeMyTrip CEO and Genpact Executive Buy Luxury Apartments in Gurugram for \u20b933 Crore Each"},"content":{"rendered":"\n

The luxury housing market in Gurugram continues to witness strong demand from corporate leaders and high-net-worth buyers. Recently, the CEO of MakeMyTrip and a senior executive from Genpact purchased luxury apartments for nearly \u20b933 crore each. The transactions highlighted growing demand for premium residences across NCR. Luxury housing demand also remained strong in Gurugram\u2019s upscale residential corridors, according to the data accessed by CRE Matrix<\/a>.<\/p>\n\n\n\n

Deal Details<\/strong><\/h2>\n\n\n\n

Rajesh Magow, Group CEO of MakeMyTrip, bought a 6,428 sq ft apartment at DLF Magnolias in Gurugram for nearly \u20b933 crore. The transaction was registered in October 2023 and included three parking spaces. In another deal, Piyush Mehta of Genpact purchased a 6,462 sq ft apartment in the same project for around \u20b932.60 crore. That transaction also included three parking spaces. The stamp duty payments stood at nearly \u20b91.98 crore and \u20b91.95 crore respectively.<\/p>\n\n\n\n

Luxury Apartment Deals Highlight Strong Buyer Demand<\/strong><\/h2>\n\n\n\n

The apartments are located in one of Gurugram\u2019s premium luxury developments. The project offers spacious residences, premium amenities, and strong connectivity. The transactions reflected rising interest in luxury housing among senior executives and wealthy buyers. Buyers also continued viewing premium real estate as a lifestyle investment and long-term asset. Demand for luxury apartments therefore remained steady across Gurugram.<\/p>\n\n\n\n

Gurugram Remains a Preferred Luxury Housing Market<\/strong><\/h2>\n\n\n\n

Gurugram remains home to major multinational companies, startups, and financial institutions. Therefore, the city continues attracting senior professionals and business leaders. Improved connectivity and metro expansion also strengthened residential demand. In addition, proximity to Delhi and the airport supported the city\u2019s housing market. Infrastructure upgrades further improved Gurugram\u2019s long-term investment appeal.<\/p>\n\n\n\n

Premium Homes Continue Attracting Luxury Buyers<\/strong><\/h2>\n\n\n\n

Luxury homebuyers increasingly prefer larger apartments and gated communities. Buyers are also seeking projects with better lifestyle amenities and private living experiences. Developers continue launching premium residential projects across key Gurugram micro-markets. Limited supply in established locations also supported higher property values. As a result, luxury housing demand remained strong across the NCR region.<\/p>\n\n\n\n

Luxury Housing Demand Remains Strong Across NCR<\/strong><\/h2>\n\n\n\n

The \u20b933 crore apartment purchases by executives from MakeMyTrip and Genpact highlighted strong demand for luxury housing in Gurugram. Premium residential projects continued attracting wealthy buyers and senior executives across NCR. Infrastructure growth and limited premium inventory also supported rising valuations. Gurugram therefore remained one of India\u2019s leading luxury housing markets.<\/p>\n\n\n\n

Elevate your decisions in real estate as a developer or broker with CRE Matrix’s data-driven insights. Book a demo now<\/a>!<\/p>\n\n\n\n

Media Mention<\/strong><\/h2>\n\n\n\n