Zomato CEO Deepinder Goyal Buys Ultra-Luxury DLF Camellias Apartment
Zomato co‑founder and CEO Deepinder Goyal has officially registered a sprawling ultra‑luxury apartment at DLF’s prestigious The Camellias, located in Phase‑5, Gurugram. Though the deal was struck three years ago, the final stamp on the documents came this March. The apartment boasts five exclusive parking spaces—an amenity befitting its premium status. Market estimations now place its current value between ₹125 and ₹150 crore, reflecting an astonishing surge in property appreciation . The Camellias: At the Apex of Prestige Spread across 17.5 acres in DLF Phase‑5 along Golf Course Road, The Camellias has emerged as the go‑to address for India’s elite. Real estate experts liken its elegance to a “7‑star hotel experience”—offering residents world‑class amenities, sprawling greenery, and unmatched security. The Camellias isn’t just known for its lavish design; the project regularly turns heads with record‑breaking transactions: When it launched in 2014, DLF offered bare‑shell units at around ₹22,500 per sq ft. The flip to current resale rates well over ₹100 crore signals a dramatic elevation in luxury real estate pricing. Building on The Camellias’ success, DLF recently unveiled The Dahlias—another ultra‑luxury project aiming to generate ₹35,000 crore in revenue. Deepinder Goyal’s Expanding Luxury Portfolio Deepinder Goyal’s investment doesn’t stop at this palatial apartment. In February 2024, he acquired a prime plot in Mehrauli, South Delhi, for ₹50 crore. Additionally, his fleet of luxury vehicles—ranging from Lamborghini Huracán Sterrato and Aston Martin DB12 to Ferrari Roma—echoes his taste for opulence. An IIT‑Delhi alumnus who began his career with Bain & Company and co‑created Foodiebay in 2008 (which later morphed into Zomato), Goyal’s move into high‑end real estate reflects both personal success and changing patterns among India’s tech elite. What This Means for the Indian Luxury Market Deepinder Goyal’s latest investment isn’t just another affluent purchase—it lends credibility to a broader shift in India’s luxury real estate domain. With tech moguls and startup founders gravitating to branded, exclusive addresses, and Gurugram emerging as the nucleus, characterized by soaring skywalk apartments and unmatched amenities, the real estate landscape is reinventing itself. As Goyal adds another iconic property to his portfolio, the ripple effect will be felt by developers, investors, and aspirational homeowners alike. The Camellias stands not just as a building, but as a landmark of India’s evolving social hierarchy and the power of modern wealth.
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