NRIs lap up DLF Privana North condos

Almost 30% of the homebuyers in DLF Ltd's latest premium residential project were non-resident Indians (NRIs), a top company official said on Wednesday, after wealthy consumers snapped up the plush condominiums in a testament to robust demand for high-end properties in the country.

- Madhurima Nandy

DLF clocked ₹11,000 crore from bookings in Privana North, as it sold the entire project inventory within a week of its launch, it said on 16 June.

The project, part of the company's larger 116-acre township DLF Privana in sectors 76 and 77, Gurugram, offers 1,152 four-bedroom apartments and 12 penthouses spread across 17.7 acres. With apartments priced at an average of ₹9.5 crore and penthouses at ₹25 crore, the rapid absorption signals continued appetite among affluent domestic and non-resident Indian (NRI) buyers for high-end, master-planned communities.