DLF Phase 5, Gurgaon

They are different generations of the same address. The Magnolias (completed around 2010) was DLF's original ultra-luxury golf-facing landmark, with large 4 and 5 BHK residences and duplexes from roughly 5,825 to 10,700 sq ft. The Camellias (possession from December 2017) is the newer trophy with 429 apartments across 10 towers on 18 acres, 4 BHK homes from about 7,150 sq ft and a 16,290 sq ft penthouse, served by the five-acre Camellias Club. In October 2026, Magnolias resale rates run roughly ₹40,000 to ₹70,000 per sq ft; Camellias runs about ₹60,000 to over ₹1.5 lakh per sq ft.

DLF Phase 2 is a plotted, low-rise phase with independent builder floors on 300 to 500 sq yd plots, typically ₹4 Cr to ₹7.5 Cr. DLF Phase 5 is a condominium-tower district with branded ultra-luxury towers from roughly ₹15 Cr (Crest or Aralias) up to over ₹100 Cr (Camellias penthouses). Phase 2 tends to offer higher percentage yields on a smaller ticket; Phase 5 trophy towers have shown deeper price curves at the ultra-luxury end over the last decade.

At ₹100 Cr you are typically buying a bare-shell 4 or 5 BHK of 7,150 to 10,000 sq ft at roughly ₹1 lakh to ₹1.2 lakh per sq ft. Reference points include the 11,416 sq ft corner simplex reported at Rs 100 Cr in August 2025 and the 16,290 sq ft penthouse at Rs 190 Cr in December 2024 (Rs 1,16,636 per sq ft). Camellias has delivered a 2.7 to 3.5x appreciation from its 2012 launch band of ₹28,000 to ₹32,000 per sq ft.

Volumes are thin by design. At The Camellias only two to three units typically change hands per year; Magnolias is similarly thin. Aralias, Crest and Pinnacle see slightly higher transaction counts because the ticket sizes are lower. Marketed listings are rare - most trades are handled off-market through a small set of advisors, and buyers should expect a 60 to 90 day cycle to source serious inventory.

Maintenance in the Phase 5 trophy towers is typically charged on a per sq ft per month basis plus one-time sinking fund contributions. At The Camellias, monthly maintenance is commonly reported at Rs 50,000 to Rs 75,000 per apartment depending on size - broadly ₹7 to ₹10 per sq ft per month. Older projects like The Aralias and The Crest sit lower in the ₹5 to ₹7 per sq ft per month range. Owners also carry one-time fit-out costs of ₹8,000 to ₹15,000 per sq ft on bare-shell apartments.

HRERA registration applies to projects launched or sold under the RERA regime from 2017 onwards. DLF The Camellias is HRERA-registered (reference RC/REP/HARERA/GGM/2018/13). Pre-RERA completed projects like The Aralias (circa 2008), The Magnolias (circa 2010) and The Crest (circa 2017 handover) have their occupation certificates on file but are typically identified by their completion/OC status rather than a live HRERA registration. Any current buyer should verify project status on the HARERA Gurugram portal before paying consideration.

The Phase 5 trophy towers are built to central-air-conditioned basement parking norms with multiple covered bays allocated per apartment - typically 2 to 4 covered bays for a 4 or 5 BHK - plus dedicated visitor parking. The Camellias has a six-level basement. Parking is included with the apartment and conveyed as part of the sale deed, not sold separately. Owners also have access to porch drop-off, valet and EV-charging-ready provisions in the newer towers.

Not yet. The nearest operational station is Sector 55-56 on the Rapid Metro Yellow Line, roughly 1.5 to 2 km from the Phase 5 towers depending on block. The Gurgaon Metro Phase-1 extension that runs through Golf Course Road and the Phase 5 corridor is under construction, with a target completion in FY27. Once it opens, Phase 5 will have dedicated metro access along the length of Golf Course Road.

Furnished Camellias 4 BHKs rent at roughly ₹18 to ₹30 lakh per month depending on tower, floor and view; 5 BHKs and penthouses go higher. Magnolias 4 and 5 BHKs typically rent at ₹10 to ₹22 lakh per month. Aralias and Crest 4 BHKs rent at ₹5 to ₹10 lakh per month. Gross yields are generally 1.5 to 2.5 percent - the business case is capital preservation and lifestyle, not yield.

Yes. Non-Resident Indians and OCI card holders can buy residential property in India without prior RBI approval under FEMA, with purchase consideration routed through NRE, NRO or FCNR accounts via normal banking channels. Rental income and sale proceeds (subject to lock-in and limits on NRO repatriation) are repatriable. Buyers should obtain Form 15CA/CB for repatriation and plan TDS at the applicable NRI rates on the sale side. A chartered accountant and the authorised dealer bank handle the operational compliance.

Mainstream banks and HFCs typically fund up to 75 to 80 percent LTV on properties under ₹75 lakh ticket, stepping down to 70 to 75 percent on larger tickets, with a hard cap in practice around ₹15 to ₹20 Cr of sanction size at private banks for ultra-prime properties - i.e. a Camellias or Magnolias deal above that is substantially cash-funded or structured through private banking facilities, LAS or offshore mortgages for NRI buyers. Lenders will insist on a clean HSVP conveyance (or freehold deed) and up-to-date society NOC.

In Haryana (Gurugram), stamp duty on urban residential property is 7 percent of the consideration or circle rate (whichever is higher), with a 2 percent rebate for sole female purchasers (effectively 5 percent) and 6 percent for joint male-female registration. Registration charges are an additional 0.5 percent, capped. On a Rs 100 Cr Camellias deal, stamp duty alone works out to about Rs 7 Cr (the Rs 190 Cr December 2024 deal paid Rs 13 Cr in stamp duty).

The Aralias and The Magnolias were handed over in the late 2000s and 2010 respectively and are ready-to-move resale-only. The Crest completed around 2017. The Camellias started possession in December 2017 and is fully occupied. The Pinnacle, The Belvedere Park and DLF Carlton Estate are earlier plotted/apartment communities within the Phase 5 catchment and are long since completed. There is no active new-launch inventory from DLF inside Phase 5 itself at the time of writing - DLF's latest launch, The Dahlias, is adjacent on Golf Course Road rather than inside the Phase 5 master plan.

DLF City is a privately licensed and planned township developed by DLF Universal Ltd, and most apartment stock in Phase 5 is held on freehold/absolute title via conveyance deeds from DLF. The HSVP leasehold-to-freehold conversion process (previously under HUDA, renamed HSVP in 2017) applies to HSVP-developed sectors elsewhere in Gurugram where the plot was originally allotted on long lease by the authority. For most Phase 5 apartments the applicable question is society/maintenance transfer and clean DLF conveyance, not HSVP conversion - but buyers should always verify the specific chain of title on their tower before transacting.