DLF sells out Aureva senior living homes in Gurugram
In short
DLF said it sold all 172 homes in its new senior living project, The Aureva, in Gurugram for about Rs 1,985 crore.
The project is in Sector 63 on 4.17 acres. The reporting says demand is strong, but it does not say what happens next for DLF or the wider property market.
What the reporting says
DLF said it sold all 172 senior living homes in its maiden project The Aureva in Gurugram for about Rs 1,985 crore. The project spans 4.17 acres in Sector 63, and a publisher summary says the average apartment ticket size is Rs 11.5 crore at Rs 28,000 per sq ft. The sell-out points to strong demand for luxury senior housing, while the broader market impact is not stated.
Why it matters
DLF said it sold all 172 senior living homes in its maiden project The Aureva in Gurugram for about Rs 1,985 crore. The project is spread across 4.17 acres in Sector 63, and one summary says the average apartment ticket size is Rs 11.5 crore at Rs 28,000 per sq ft. The sale suggests strong demand for luxury retirement housing, but broader effects on DLF’s pipeline or pricing are not stated.