PTC Web Desk: Manav Sardana, an entrepreneur from Delhi-NCR's well-known Sardana business family, has bought a penthouse at DLF's super-luxury residential project The Dahlias in Gurugram for a reported Rs 271 crore. The purchase ranks among the most expensive single residential deals ever recorded in the country.

The Dahlias sits in Sector 54 along Golf Course Road, an address that has become synonymous with Gurugram's high-end property market. It is being marketed by DLF as its flagship offering in the ultra-luxury segment.

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According to details of the transaction, the penthouse spans a super area of close to 17,200 square feet, with a carpet area of roughly 10,500 square feet. That puts the per-square-foot cost at around Rs 1.58 lakh on the super-area basis and closer to Rs 2.6 lakh when calculated on carpet area, figures that place the deal firmly among the priciest home purchases India has seen.

Prices at this scale reflect a broader trend: penthouses at The Dahlias, thanks to their larger layouts and prime positioning within the project, are commanding a premium even over the already steep prices of regular apartments there.

Who is Manav Sardana?

Manav Sardana comes from a prominent Delhi-NCR business family with more than a century of history in the region. His father, SB Sardana, co-founded the family’s flagship company, Imperial Auto Industries, in 1969 along with Jagjit Singh.

Based in Faridabad, Imperial Auto Industries manufactures fluid transmission products used in automobiles and off-highway equipment. Over the years, the company expanded significantly and established itself as a major player in the sector.

Manav Sardana was involved with the Imperial Auto business before global private equity firm Warburg Pincus acquired the company. He continues to be associated with the family’s business interests. According to publicly available records, he currently serves on the boards of more than 12 companies linked to the Imperial Auto group. These include Imperial Silicon Private Limited, Kreuz Hydraulics Private Limited and Imperial Martor Engine Tubes Private Limited.

Inside DLF's The Dahlias Project

DLF unveiled The Dahlias in October 2024, spreading the super-luxury development across 17 acres in DLF Phase 5, Gurugram. The project includes about 420 residences in total,  apartments and penthouses combined,  with standard units reportedly priced between Rs 100 crore and Rs 170 crore. Penthouses, given their scale and premium placement, fetch even more.

The Dahlias follows in the footsteps of DLF's earlier landmark project, The Camellias, which played a major role in turning Golf Course Road into one of India's most sought-after residential stretches.