All-time record : Penthouse @ 190 Crores

Now-a-days booming real-estate prices are competing with the first day collections of big-ticket films. Very often, news about the costliest real-estate deals make headlines, leaving everyone in a state of shock after the massive numbers involved. Last year, Telangana was in news when plots in Kokapeta area were sold for 100 Crores per acre, which was a new record for real-estate in both Telugu States.

Now, North India’s Gurgaon, which is regarded as the home to some of the most prominent entrepreneurs and celebrities of North India and houses numerous posh and upscale localities, has once again hogged the limelight because an apartment in DLF Camellias was recently sold for a whopping Rs 190 Crores, making it the most expensive deal in the history of India’s real-estate sector.

As per reports, a company named Info-x-Software Tech Pvt Ltd has brought a 16,290 sq feet penthouse for 190 Crores and has reportedly paid a stamp duty of 13 Crores. The transaction was officially registered on December 2nd this year. Real-estate analysts called this deal as the highest recorded price per square foot for a high-rise apartment in India.

This staggering deal became a talking point in the media and among public because such expensive deals are usually witnessed in the richest areas of Delhi and Mumbai but not anywhere in the country. Gurgaon region is seeing a surge in real-estate prices because it has become a destination for high-net worth individuals for different sectors.

The transaction translates to Rs 1.18 lakh per square foot on super area and Rs 1.82 lakh per square foot on carpet area which is a records of sorts by a long chalk compared previous deals.