Why Were Home Buyers Willing To Shell INR 7 Cr Plus For An Apartment In DLF's 'The Arbour' Project?

DLF's new high-rise project 'DLF - THE ARBOUR' got sold out in just three days and garnered an unprecedented INR 8,000 crore plus for India's largest listed company. Who bought it and why? Where and what will DLF launch next? Manisha Natarajan speaks to DLF's top management - Ashok Tyagi - Whole Time Director and Aakash Ohri - Group Executive Director to find out.
About NDTV (English news channel):
NDTV is India's Most-Trusted News Broadcaster with the latest updates in news, sports, entertainment and much more from within India and around the world. Watch big political debates, exclusive entertainment interviews, news bulletins, current affairs, talk shows and tech reviews with our 24x7 news live streams, packed with credible information across all platforms: TV, Internet and Mobile.
For Latest Videos, click here: • Latest News & Updates ...
To watch NDTV 24x7's premium shows listed together for your easy access, click here: www.youtube.com/@NDTV/playlis...
For Ground Reports and Analysis from NDTV's reporters and anchors of day's top news stories, click here: • Reporter Vlogs
For News in Shorts, click here: • News In Shorts
Promoted: Find Best Shopping Deals On Amazon - g360.in/3twKm3m
Subscribe to our channel to get latest news updates.
Follow us on Social Media:
Like us on Facebook: / ndtv
Follow us on Twitter: / ndtv
Follow us on Instagram: / ndtv
Join NDTV on Telegram Messenger: t.me/NDTVbot/?start=hi
Follow us on Google News for Breaking and Latest News Updates:
NDTV: bit.ly/3e5ngbP
NDTV India (Hindi News): bit.ly/3mNVwMY
Download NDTV Mobile Apps: www.ndtv.com/page/apps
#ThePropertyShow #RealEstate #HousingSector #PropertyMarket

[@ramratansinghi8661]

DLF Arbour :
Pros :
- Reputed Developer
- Golf Course Extension location bang opposite Worldmark Gurugram is excellent
- Normal Amenities and Club Facilities
Cons:
- Carpet Area excluding Balcony : 1900-2000 SQ. Ft.
(Loading approx 50%)
- Washrooms in Balconies
(Imagine Someone is using Washroom and Flush noise are coming in Balcony while you're enjoying Conversation with your guest)
- Split Land Parcel
- Over Hyped due to Developer Brand Name
- Good For Investors but not very desirable for End User
- Competition in same vicinity has better projects.
Recommendation: Avoid

[@shredder2cop]

By paying 10 percentage you book a flat....
All investors have booked this space with kickbacks from DLF...
If this was not the case the prices would have been 20-22k + gst sqm Rs as expected instead of 17.5k + gst.
DLF was unsure how to place this in a recession market.
Those who have taken bookings will resale it in coming months.
Had there been a 3-4 year lock in , we wouldn't have seen the agents , dealers rush in dlf office captured in newspaper headlines garb in as customers or end users.

[@sau002]

I have seen this happen , not today. But more than 20 years ago. The builder would do a "fake" selling to a coterie of brokers - thereby creating a buzz, showing that there is a demand and ultimately jacking up prices

[@SiYaVoHrA421]

Please also see the payment plan which is heavily skewed in their favour, almost 60% payment within the next 18 months

[@shredder2cop]

The flat prices will be 30% high in 18 months...
From 7-9 cr....
So the end user already pays 20-40 lakhs extra just by not getting a plot.