Madhusudan Kela Buys Rs 121 Cr DLF Luxury Flat in Gurugram

New Delhi, Jun 15 (PTI) Ace investor Madhusudan Murlidhar Kela has bought a 6,233 sq ft flat for Rs 121 crore in realty major DLF's super luxury project in Gurugram, according to CRE Matrix.

Real estate data analytics firm CRE Matrix, which has reviewed the agreement for sale document, said in a statement that Kela has purchased an ultra-luxury flat in DLF's under construction project 'The Dahlias' at Gurugram.

The agreement for sale was registered on April 15, 2026, for a total consideration of Rs 120.71 crore, it added.

In October 2024, DLF launched its 17-acre super-luxury housing project 'The Dahlias' at DLF Phase 5 in Gurugram, comprising 420 apartments and penthouses. The company has launched bookings for these units to maximise the project's sales value, which has a revenue potential of Rs 40,000 crore.

According to the company's latest presentation, the realty firm has sold apartments worth Rs 18,562 crore till March 2026.


Around 60 per cent of the total apartments have been sold so far in the ongoing project, as per DLF data.

However, a DLF spokesperson declined to comment on the individual sale transactions.

Since its inception, DLF has developed more than 185 real estate projects, spanning over 352 million sq ft.

The group has 280 million sq ft of development potential across residential and commercial segments, including current projects under execution.

DLF is primarily engaged in the development and sale of residential properties (the development business), and the development and leasing of commercial and retail properties (the annuity business).