Warren Buffett’s company’s employee buys ₹85 crore flat in Gurugram:Property prices at DLF The Camellias fast catching up with that of Dubai, London

One of the world’s leading investor Warren Buffett’s most trusted associates Ajit Jain has purchased a luxury apartment in Gurugram. Berkshire Hathaway’s Vice Chairman Jain finalized this deal for around Rs 85 crore in ‘DLF The Camellias’ located on Golf Course Road. This 7,400 square feet flat belongs to the ultra-luxury category. It features amenities like swimming pool, world-class gym, spa, sauna and golf course. While Jain spends most of his time outside India, he recently visited Delhi to finalize this deal. Gurugram becomes first choice for NRIs, they hold 25% share People associated with the deal say that NRI’s stake in DLF’s ultra-luxury portfolio has exceeded 25%. Ajit Jain is one of the most influential Indian business leaders in America. According to experts, world-class amenities available in such projects are the biggest attraction for those who spend a few months in India each year. Gated Communities Preferred Over Individual Bungalows Real estate experts believe that wealthy buyers’ (UHNIs) preferences have changed since COVID. Now they prefer high-rise luxury societies over isolated bungalows. A major reason for this is that along with security, facilities like gym, clubhouse and other amenities are available within the campus, which are easier to maintain. Three pictures of DLF The Camellias…
Gurugram surpassing Delhi’s Lutyens Zone Property prices in Gurugram have now reached global levels. According to the report, prices per square foot on Golf Course Road have crossed Rs 1.25 lakh, which is equivalent to Mumbai’s most expensive areas. For the first time, Gurugram has surpassed Lutyens Delhi in terms of prices. Now the rates here are competing with cities like London and Dubai. Some More Big Deals of The Camellias Industrialist buys 4 apartments for Rs 380 crore Recently, a major industrialist has purchased four apartments in DLF’s new super luxury project ‘The Dahlias’ in Gurugram, spending around Rs 380 crore. Knowledge Box: Who is Ajit Jain? Ajit Jain is originally from Odisha. He is the Vice Chairman of Insurance Operations at Warren Buffett’s company ‘Berkshire Hathaway’. Warren Buffett often says that Ajit Jain is one of his best investments and has played a major role in the company’s success. Property Fact: DLF ‘The Camellias’ is considered one of India’s most expensive and secure residential projects. Its residents include major corporate leaders and startup founders from India and abroad. It features 7 energy zones, indoor-outdoor swimming pools, world-class gym, spa, sauna, tennis-squash courts and golf course access. Additionally, it offers amenities like a 65-seater movie theater, sports bar, fine dining, yoga-pilates studio, children’s play area, and jogging track.