Gurgaon real estate community is buzzing with news of a substantial Rs100-crore transaction involving a 10,000 square feet apartment at The Camellias by DLF on Golf Course Road. A few months back, a similarly sized apartment in the same location was sold for Rs 60 crore. The notable increase in luxury real estate costs in Gurgaon and affluent areas of Delhi has elevated the prices of high-end apartments in the southwestern suburb and mansions in the Lutyens zone, now rivalling the rates seen in Mumbai's prestigious neighbourhoods, where the cost per square foot has exceeded Rs1 lakh.So what 's leading to the sharp surge in property prices and will the prices rise even more in the upcoming festive season. Tune in to watch Sakshi Batra, Senior Associate Editor, BTTV discuss with Ashwinder R Singh, Co-Chairman, CII Committee on Real Estate
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