Located in the center of Gurugram’s luxury real estate landscape, The Camellias stands as a symbol of luxury and magnificence. The recent discoveries reveal the valued purchases that have been made inside this luxury apartment while industry giants secure their position in the sought-after area.
According to data accessed by CRE Matrix, conveyance deeds signed in March 2024 signify the recent completion of a wide range of high-value acquisitions. These acquisitions took place between 2017 and 2023. Some of these buyers include MakeMyTrip founder Deep Kalra, Den Networks’ Sameer Manchanda, and the family members of former MD of Tech Mahindra, CP Gurnani. According to documents, they acquired these upscale luxury apartments directly from the builder at The Camellias.
The charm of The Camellias beckons in—drawing these big names to invest a cumulative total of Rs 127.58 crore into the luxurious embrace. Whether expansive 7,430 sq ft or lavish 10,813 sq ft residences, these deals go well beyond transactions and stand as crests of status and prestige.
MakeMyTrip founder Deep Kalra and his wife Amrita Kalra secured their share of indulgence with a 7,430 sq. ft apartment for Rs 46.25 crore. They booked the apartment on June 15, 2023, and made the final payment on December 16, 2023, acquiring the flat with four car parking slots. The property’s conveyance deed was formalized on March 4, 2024, with Kalra paying a stamp duty of Rs 2.77 crore.
Manchanda of Den Networks and his wife Kavita Manchanda signed a deal with DLF on December 16, 2019, to purchase a 10,813 sq. ft apartment at The Camellias. The Manchandas paid a total of Rs 37.83 crore for the property, with the last payment being made in 2021. Following this, on March 19, 2024, the property’s transfer deed was officially registered, and a sum of Rs 2.27 crore in stamp duty was paid.
Ashish Gurnani, the founder of Assago Group and son of Gurnani, paid Rs 21.75 crore between December 2017 and May 2020 for a 7,430 sq. ft apartment in The Camellias. On March 13, 2024, the conveyance deed was signed, and a stamp duty payment of Rs 1.3 crore was made. The apartment includes four parking slots for cars.
Gurnani’s daughter Sanya Gurnani and wife Anita Gurnani purchased a 7,430 sq. ft apartment at The Camellias, which also includes four parking slots, for Rs 21.75 crore. On March 13, 2024, the Gurnani family paid stamp duty totaling Rs 1.08 crore to formalize the conveyance document for the property.
The market value of the properties now stands at the epitome of luxury living, ranging from Rs 29,300 to Rs 62,247.6 per sq ft during acquisition. Today, The Camellias, with an average base selling price of Rs 65,000 to over Rs 85,000 per sq ft, assures its position as one of the prime addresses in the National Capital Region.
Beyond the marble-white interiors and the panoramic views, The Camellias is a lifestyle played out by the few. The Camellias offer an unmatched level of sophistication and comfort with rentals starting from Rs 10.5 lakh for unfurnished apartments to Rs 14 lakh for furnished apartments.
The latest acquisition by Smiti Agarwal, director at Wesbok Lifestyle and wife of V Bazaar CMD Hemant Agarwal only endorses The Camellias’ reputation for magnificence. Agarwal’s January 2024 purchase of an apartment for Rs 95 crore indicates the allure and investment potential of this exclusive luxury apartment.
In October 2023, an 11,000 sq. ft apartment at The Camellias was sold in a resale transaction for approximately Rs 114 crore. With more industry biggies and entrepreneurs having bought or signed their properties at this fortress of luxury, The Camellias is more than just a home to live in—it is a mark of success, sophistication, and the ultimate indulgence in high-class living.
Recent Transactions
In a recent transaction, Virat Kohli leased out 12 office spaces in Gurugram for an annual rent of 1.27 crore.