Listed real estate developer DLF plans to unveil 'The Camellias 2' in Gurugram, Haryana having a sales potential of Rs 25,000 crore. It is planned for launch in the third quarter of the financial year 2024-25.

The project which the company is also addressing as Lux 5, will be super-luxury residences and will be a ‘by invitation property’. The Camellias 2 project is spread across 17 acres of prime land in DLF Phase-V and has a saleable area of around five million sq. ft. The project will have around 420 super luxury apartments. The cost of each apartment at The Camellias 2 will be Rs 50 crore upwards.

The launch and sale of this project will be in two to three phases, with launch of 50 odd apartments in the first phase and some in the second phase. This project will offer more opulent amenities and bigger apartments as the starting size will be around 9,000 sq. ft., while in The Camellias, the size is around 7,000 sq. ft. It will offer lake view and some will have a view of Aravali hills. 

Besides, DLF will also launch 62 super-luxury villas on a 38-acre hill facing Mandavi river in Panjim, Goa. DLF is planning to launch the villa project in August 2024. With a ticket size of Rs 40 crore to Rs 50 crore, the expected topline for this project is around Rs 2,500 crore.