A viral post on X revealed Gurugram’s luxury apartments priced at ₹75 crores, sparking disbelief and comparisons to global property costs.
A recent post by an X user, a self-described “recovering founder,” has sent ripples of disbelief through the social media landscape after revealing the staggering prices of luxury apartments in Gurgaon. Sharing images of DLF‘s latest high-end project, the X user, Abhinav Kukreja, showcased extravagant amenities such as a private theatre, a games room, an ice bath area, and top-notch spa facilities. However, the most shocking detail was the starting price of ₹75 crore for the smallest unit.
A post revealed luxury apartments in Gurugram priced at ₹ 75 crore, sparking disbelief online.
“Can’t believe they cooked this in Gurgaon,” Kukreja remarked, adding to the astonishment surrounding the luxurious features and exorbitant costs of these apartments. This jaw-dropping price has led to comparisons with properties in some of the world’s most iconic locations, with users even searching for the price of apartments in the Burj Khalifa for a frame of reference.
Context of the price
According to X user, the smallest unit in the new development measures a remarkable 9,500 square feet and is expected to fetch around ₹80,000 per square foot. “This means that there is now a building in Gurgaon where the cheapest home costs approximately ₹75 crore ($9 million),” he explained, further amplifying the shock among potential buyers and onlookers alike.
In his post, Kukreja wrote, “Can’t believe they cooked this in Gurugram,” underlining the scale of luxury on offer and the associated costs. According to him, the smallest apartment in the project covers 9,500 square feet, with an estimated price of Rs 80,000 per square foot. This places the starting price for the smallest unit at Rs 75 crore (approximately $9 million).
The post triggered a wave of reactions on social media, with users expressing disbelief at the price tag and making comparisons to property prices in some of the world’s most iconic cities. One user remarked, “You can get a facing view in Italy for the same price with much better facilities,” while another noted, “Rs 75 crore for a Gurugram apartment or an apartment in the Burj Khalifa. Tough choice…”
Others echoed similar concerns, pointing out that for $1.2 million, one could buy an apartment near Times Square in Manhattan, or a home in Los Angeles for a fraction of the cost. The sentiment among many users was that real estate prices in India, particularly in urban centres like Gurugram, have become increasingly unaffordable for the average citizen.
Some users took the conversation further, reflecting on the broader issue of escalating property prices in India. “Our real estate is out of control. Pound for pound, It’s cheaper to buy housing abroad than in India,” wrote one user.
“Does that include a helicopter service in case it floods?” a user questioned sarcastically.
Reaction from internet
As social media users reacted, many expressed their disbelief and pondered alternatives. One user pointedly quipped, “You can get a facing view in Italy for the same price with much better facilities,” highlighting the absurdity of the pricing in comparison to global options. Another chimed in, ” ₹75 crore for a Gurgaon apartment or an apartment of the same size in the tallest and poshest building in the world, Burj Khalifa, where apartments start at ₹6 crore for 1 BHK. Tough choice…”
A user sarcastically stated, “I’ll just buy a small island for that price!” while another noted that “real estate in India is now officially out of reach for most people.”
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