Deepinder Goyal, who co-founded Zomato, has just registered his swanky apartment at The Camellias in Gurugram. He paid ₹52.3 crore for the property three years ago. The paperwork wrapped up on 17 March this year, with stamp duty alone costing him ₹3.66 crore, according to documents Zapkey accessed.
The flat itself is no ordinary city flat. It spreads over 10,813 square feet and comes with five parking spots. Goyal bought it directly from DLF back in August 2022 but signed the conveyance deed this year.
What makes DLF's Camellias stand out
The Camellias is not just another luxury block. Spread over 17.5 acres in DLF Phase 5, it has quietly become one of India’s most expensive addresses. Some call it living in a seven-star hotel all year round.
Property brokers say a similar apartment today would cost more than ₹140 crore. There has been no word yet from either DLF or Goyal. If they reply, this story will be updated.
Big-money deals keep rolling in
Goyal is not alone. The Camellias keeps drawing in some of the country’s wealthiest business names. In December 2024, Rishi Parti, CEO and founder of Info-X Software Technology, bought a penthouse there for ₹190 crore. Earlier, in February, Smiti Agarwal, wife of V Bazaar Retail’s CMD Hemant Agarwal, paid ₹95 crore for a 10,000 sq ft flat sold by a Singapore-based NRI.
These apartments did not always command such eye-watering sums. When DLF first sold The Camellias back in 2014, prices were about ₹22,500 per square foot for bare-shell units. Fast forward to now and resale deals have crossed ₹100 crore more than once. In October 2023, an 11,000 sq ft flat changed hands for around ₹114 crore, a figure usually linked with bungalows in Lutyens’ Delhi.
Goyal’s growing real estate portfolio
This apartment is not Goyal’s only splash in real estate. In February 2024, he bought a plot in Mehrauli, Delhi, for ₹50 crore. He also owns a line-up of high-end cars, including a Lamborghini Huracan Sterrato, Aston Martin DB12 and Ferrari Roma.
For someone who started his career at Bain & Company, then co-founded Foodiebay in 2008 with Pankaj Chaddah before it became Zomato, this seems like the next step.
What it says about India’s housing market
Deals like these hint at a clear trend. India’s new-age founders and top executives are pouring money into branded homes rather than old-style bungalows. Gurugram’s The Camellias has quietly turned into a hub for them.
As more buyers from the country’s tech and start-up circles sign up for ultra-luxury apartments, prices for such properties keep climbing. NCR remains the favourite hunting ground.
The Camellias is a good example of how these buyers are swapping independent houses for high-rise privacy, big layouts and hotel-level comfort.
Property watchers say this is not slowing down soon. The appetite for big homes and bigger price tags is growing, and buyers like Goyal are leading the pack.
The flat itself is no ordinary city flat. It spreads over 10,813 square feet and comes with five parking spots. Goyal bought it directly from DLF back in August 2022 but signed the conveyance deed this year.
What makes DLF's Camellias stand out
The Camellias is not just another luxury block. Spread over 17.5 acres in DLF Phase 5, it has quietly become one of India’s most expensive addresses. Some call it living in a seven-star hotel all year round.
Property brokers say a similar apartment today would cost more than ₹140 crore. There has been no word yet from either DLF or Goyal. If they reply, this story will be updated.
Big-money deals keep rolling in
Goyal is not alone. The Camellias keeps drawing in some of the country’s wealthiest business names. In December 2024, Rishi Parti, CEO and founder of Info-X Software Technology, bought a penthouse there for ₹190 crore. Earlier, in February, Smiti Agarwal, wife of V Bazaar Retail’s CMD Hemant Agarwal, paid ₹95 crore for a 10,000 sq ft flat sold by a Singapore-based NRI.
These apartments did not always command such eye-watering sums. When DLF first sold The Camellias back in 2014, prices were about ₹22,500 per square foot for bare-shell units. Fast forward to now and resale deals have crossed ₹100 crore more than once. In October 2023, an 11,000 sq ft flat changed hands for around ₹114 crore, a figure usually linked with bungalows in Lutyens’ Delhi.
Goyal’s growing real estate portfolio
This apartment is not Goyal’s only splash in real estate. In February 2024, he bought a plot in Mehrauli, Delhi, for ₹50 crore. He also owns a line-up of high-end cars, including a Lamborghini Huracan Sterrato, Aston Martin DB12 and Ferrari Roma.
For someone who started his career at Bain & Company, then co-founded Foodiebay in 2008 with Pankaj Chaddah before it became Zomato, this seems like the next step.
What it says about India’s housing market
Deals like these hint at a clear trend. India’s new-age founders and top executives are pouring money into branded homes rather than old-style bungalows. Gurugram’s The Camellias has quietly turned into a hub for them.
As more buyers from the country’s tech and start-up circles sign up for ultra-luxury apartments, prices for such properties keep climbing. NCR remains the favourite hunting ground.
The Camellias is a good example of how these buyers are swapping independent houses for high-rise privacy, big layouts and hotel-level comfort.
Property watchers say this is not slowing down soon. The appetite for big homes and bigger price tags is growing, and buyers like Goyal are leading the pack.
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