MediumPositive
Announced Mon, 15 Jun · 17:35 IST

Madhusudan Kela buys luxury flat for Rs 121 cr in DLF's Gurugram project

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Veteran investor Madhusudan Kela purchased an ultra-luxury flat worth Rs 120.71 crore in DLF's under-construction 'The Dahlias' project at DLF Phase 5, Gurugram, with the agreement registered on April 15, 2026. DLF has sold apartments worth Rs 18,562 crore till March 2026 in the 17-acre project, with around 60% of the 420 apartments/penthouses sold. The project has a total revenue potential of Rs 40,000 crore, and the high-profile purchase underscores sustained demand for super-luxury housing.