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DLF
has achieved a complete sell-out of The Aureva, its luxury retirement housing project in Sector 63, Gurugram, generating sales of approximately ₹1,985 crore from 172 residences. The average ticket size was around ₹11.5 crore per apartment, with units sold at approximately ₹28,000 per sq ft.
Spread across 4.17 acres, the project offers more than 4 lakh sq ft of carpet area and over 7.5 lakh sq ft of saleable area. The development combines luxury housing with wellness, hospitality and healthcare facilities, including a professionally managed medical centre with emergency response support.
The rapid absorption of all 172 units provides an early indication of demand for premium senior-living communities, particularly among affluent buyers seeking healthcare access and lifestyle-oriented housing. It also demonstrates DLF's ability to monetise land through high-ticket, differentiated residential offerings.
For DLF, the project adds another niche segment to its luxury residential portfolio. The ₹1,985 crore sales value will contribute to the company's future revenue recognition as construction and contractual milestones are completed, rather than being recognised entirely upfront.#FundamentalViews#StockInNews#WatchOutFor#MacroViews#EquityResearch
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