India, Jan. 27 -- Real estate major DLF has sold 173 ultra-luxury apartments in its new project, The Dahlias, the yet-to-be-launched condominiums, for almost Rs.11,816 crore in almost nine weeks, on the back of strong demand from ultra-high-net-worth individuals, including top CEOs and non-resident Indians, DLF's Home Developers Joint managing director Aakash Ohri said on January 27.

He said the project comprises bare-shell apartments and is expected to be completed in four years.

For the uninitiated, a similar success was achieved in its project Camellias in almost 10 years. "The Dahlias will be more luxurious than the Camellias," he said, adding that it will be launched in mid-2025.

He said the selling price of these ultra-luxury uni...