Ajit Jain, vice-chairman of insurance operations at Berkshire Hathaway and a close aide of Warren Buffett, has acquired a 7,400 sq ft apartment at DLF’s ultra-luxury project, The Camellias, for approximately ₹85 crore. The transaction adds to a growing list of marquee deals in Gurugram’s high-end housing market, which has seen record valuations in recent years.
Industry insiders note that non-resident Indians now account for more than a quarter of DLF’s ultra-luxury home sales. For global Indian executives and business leaders, gated condominiums such as The Camellias have become a preferred asset class, offering concierge services, private club facilities, and layered security. Post-pandemic, ultra-high-net-worth individuals have shifted decisively toward integrated luxury communities rather than standalone bungalows, with in-house amenities and managed services emerging as key draws.
Gurugram’s luxury housing segment has witnessed some of the highest per square foot valuations in the National Capital Region, at times surpassing even Lutyens’ Delhi and matching benchmarks in global cities like London and Dubai. Recent marquee transactions include British businessman Sukhpal Singh Ahluwalia purchasing an 11,416 sq ft apartment in The Camellias for around ₹100 crore, and Info-X Software Technology’s Rishi Parti acquiring a 16,000 sq ft penthouse for nearly ₹190 crore.
DLF’s broader super-luxury portfolio has also seen landmark deals. Its newer project, The Dahlias, recently recorded a multi-apartment purchase valued at nearly ₹380 crore, ranking among the most expensive residential transactions in India.
Jain’s investment further underscores Gurugram’s emergence as a preferred destination for global Indian executives and industrialists seeking high-value residential assets within secure, amenity-rich developments. With demand for luxury housing continuing to rise, Gurugram is positioning itself as one of the country’s most dynamic real estate markets, attracting both domestic and international buyers.
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