Zomato co-founder and CEO Deepinder Goyal has made headlines once again, but this time it’s not for a business move or investment in a startup. Instead, it’s his latest real estate acquisition that has caught attention — a lavish apartment in the prestigious DLF Camellias residential project in Gurugram, priced at an eye-watering ₹52.3 crore.
This purchase not only reflects the growing trend of ultra-high-net-worth individuals investing in premium real estate but also highlights the rise of Gurugram as one of India’s most sought-after luxury real estate destinations.
A Closer Look at the Property
The ultra-luxury apartment purchased by Deepinder Goyal spans an impressive 10,813 square feet and is located in one of India’s most upscale and elite residential addresses — The Camellias by DLF. This high-end residential complex is situated in DLF Phase-5 on the prestigious Golf Course Road in Gurugram.
Goyal’s property deal was registered in March 2025, although the purchase itself was reportedly made in August 2022. The registration came with a substantial stamp duty payment of around ₹3.66 crore, emphasizing the scale and exclusivity of the acquisition.
The apartment comes with five dedicated car parking spaces and is part of a gated community that offers resort-style living with a focus on privacy, security, and an ultra-luxury lifestyle.
Why DLF Camellias is the Pinnacle of Luxury Living
DLF Camellias is not just any residential project — it is considered the gold standard for luxury homes in North India. Spread over 17.5 acres, this elite residential enclave caters to the ultra-rich with world-class architecture, impeccable design, and five-star hotel-style amenities.
Residents enjoy access to features such as:
- Private lift lobbies
- Clubhouses with spa and wellness centers
- Indoor sports facilities including a bowling alley
- Concierge and valet services
- Exclusive golf-view terraces
- Private movie theaters
- Landscaped gardens and linear parks
- Imported Italian marble and bespoke interior finishes
The combination of location, lifestyle, and privacy makes DLF Camellias the preferred address for India’s elite, including startup founders, industrialists, and celebrities.
An Astute Investment Move
What makes this purchase even more notable is the return potential. While Goyal acquired the apartment for ₹52.3 crore in 2022, the current market value of similar-sized properties in the same complex is estimated to range between ₹125 crore and ₹150 crore. That’s nearly a 2.5x increase in value within a span of two to three years.
In fact, recent high-profile deals within The Camellias include:
- An 11,000 sq ft resale flat sold for ₹114 crore in late 2023
- A 10,000 sq ft apartment sold for ₹95 crore in early 2024
- A luxury penthouse reportedly sold for a staggering ₹190 crore in December 2024
This price appreciation reinforces the trend of rising demand for ultra-luxury properties in key Indian cities and the willingness of high-net-worth individuals to invest in branded real estate developments offering unmatched amenities and exclusivity.
The Rise of Gurugram in the Indian Luxury Real Estate Market
Gurugram has transformed dramatically over the past decade. Once seen as a satellite city of Delhi, it is now a booming financial and residential hub in its own right. Its proximity to Delhi, modern infrastructure, and emergence of global offices and tech parks have made it a preferred location for India’s growing affluent class.
The Golf Course Road, in particular, has become synonymous with ultra-luxury living. DLF Camellias, along with other flagship projects such as DLF Magnolias and Aralias, has turned this belt into a billionaire enclave.
Data from industry analysts suggests that the National Capital Region (NCR), especially Gurugram, accounted for more than 60 percent of India’s luxury residential launches in the first half of 2024. Prices for top-tier residences in this region have shown steady appreciation, with DLF’s latest projects like ‘The Dahlias’ expected to command upwards of ₹80,000 per square foot.
Deepinder Goyal’s Expanding Real Estate Portfolio
This high-value property isn’t the only jewel in Deepinder Goyal’s growing asset collection. The Zomato CEO, who has emerged as a prominent figure in India’s tech and startup ecosystem, is known for his refined taste and eye for high-value investments.
In addition to the Camellias apartment, Goyal reportedly owns a luxury plot in Mehrauli, Delhi worth approximately ₹50 crore. He is also known to have a penchant for high-end automobiles, with a collection that includes luxury models from brands like Ferrari, Porsche, Lamborghini, Aston Martin, and BMW.
This move into luxury real estate aligns with the broader trend of startup founders and new-age entrepreneurs diversifying their wealth into tangible assets, particularly real estate, which offers both lifestyle and long-term investment value.
What This Means for the Indian Real Estate Landscape
Deepinder Goyal’s high-profile property purchase is indicative of several key shifts in India’s real estate market:
- Growing Preference for Ultra-Luxury Properties: There is a clear movement among India’s wealthy toward gated, branded residences that combine opulence, privacy, and world-class amenities.
- Real Estate as a Status Symbol and Investment: Properties like those in DLF Camellias are no longer just homes — they are status symbols and high-performing investment assets.
- Developer-Led Premium Living Spaces: Leading developers like DLF have successfully redefined luxury housing, offering curated experiences that rival international standards.
- Surge in Demand from the Startup Ecosystem: India’s new-age wealth creators, especially startup founders, are now investing significantly in real estate, fueling the demand for high-end properties.
Conclusion
Deepinder Goyal’s ₹52.3 crore apartment purchase at DLF Camellias is a landmark deal, reflecting both personal achievement and broader market trends. It underscores how India’s luxury real estate market is evolving, with demand increasingly driven by entrepreneurs, tech leaders, and investors looking for a blend of comfort, prestige, and long-term capital appreciation.
As Gurugram continues to attract the country’s most successful individuals, properties like DLF Camellias are setting new benchmarks for luxury living in India.
