Entrepreneur Manav Sardana has purchased a penthouse in DLF’s ultra-luxury residential challenge The Dahlias in Gurugram for ₹271 crore. Sardana was related to Imperial Auto earlier than the corporate was acquired by world non-public fairness agency Warburg Pincus, Hindustan Occasions (HT) reported.
The deal is among the many costliest single-home property transactions reported in India and highlights the fast development of Gurugram’s luxurious housing market, which is more and more competing with Mumbai’s high-end residential market.
17,200 sq ft penthouse
The penthouse has a brilliant space of round 17,200 sq ft, whereas its carpet space is roughly 10,500 sq ft.
Based mostly on the acquisition value, the property costs about ₹1.58 lakh per sq ft on the tremendous space and almost ₹2.6 lakh per sq ft on the carpet space.
The ₹271-crore buy is the most recent in a collection of high-value transactions at The Dahlias.
In April 2026, investor Madhusudan Murlidhar Kela purchased an house within the challenge for greater than ₹120.71 crore, based on HT.
The settlement deed confirmed that the house was bought for greater than ₹1.93 lakh per sq ft. The property is positioned on the next ground of Tower 1 in The Dahlias, in DLF City Phase 5, Sector 54, Gurugram.
The house has a carpet space of roughly 6,233.39 sq ft and comes with 5 devoted parking areas.
Former India opener Shikhar Dhawan additionally purchased an house in The Dahlias in February 2025. The property price ₹65.61 crore, whereas the entire quantity, together with stamp obligation, got here to ₹68.89 crore.
In one other main transaction in October 2025, a Delhi-NCR industrialist purchased 4 residences at The Dahlias for round ₹380 crore.
The 4 properties, unfold throughout adjoining towers, have a mixed space of almost 35,000 sq ft. In accordance with property brokers, the client plans to attach the 4 residences and switch them into one giant residence.
420 properties throughout eight towers
In accordance with HT, The Dahlias will cowl round 7.5 million sq ft and have 420 residences throughout eight towers, every rising to 29 ranges.
The challenge additionally contains 15 unique duplex penthouses with a mixed space of round 350,000 sq ft.
The challenge has emerged as a serious contributor to DLF’s gross sales. Throughout FY26, DLF recorded complete gross sales bookings of ₹20,143 crore, down 5% from the file ₹21,223 crore reported within the earlier monetary yr.
Nevertheless, the Dahlias generated ₹4,828 crore in gross sales bookings throughout FY26 alone. DLF bought 32 residences within the March quarter, with demand and rising property costs supporting gross sales.
Who’s Manav Sardana?
Manav Sardana is an entrepreneur who was related to Imperial Auto Industries earlier than the corporate was acquired by world non-public fairness agency Warburg Pincus. He’s the son of SB Sardana, who co-founded the corporate with Jagjit Singh in 1969.
Based mostly in Faridabad, Haryana, Imperial Auto Industries is a serious producer of fluid transmission merchandise for the automotive and off-highway sectors.
Sardana has remained carefully concerned with the family-run enterprise and serves as a director in additional than a dozen firms related to the Imperial Auto group. In accordance with a report by OfficeChai, these embrace Imperial Silicon Personal Restricted, Kreuz Hydraulics Personal Restricted and Imperial Martor Engine Tubes Personal Restricted, amongst others.
