Ajit Jain's ₹85 Crore Buy at DLF The Camellias: A Deep Dive into India's Ultra Luxury Real Estate Market

There are property transactions and then there are transactions that reshape an entire market's narrative. Ajit Jain, Vice Chairman of Insurance Operations at Berkshire Hathaway and one of Warren Buffett's most trusted executives, has purchased a DLF The Camellias luxury apartment worth Rs 85 crore in Gurugram. The Ajit Jain apartment spanning 7,400 sq ft sets a benchmark of approximately Rs 1.10 lakh per sq ft — a number that even a few years ago would have seemed reserved only for Mumbai's most storied addresses. For anyone tracking Gurugram ultra luxury real estate or watching where India's wealthiest are putting their money, this transaction is worth understanding in full detail.

Ajit Jain is not just any high net worth buyer. He is a graduate of IIT Kharagpur, a long standing senior figure at Berkshire Hathaway, and one of the most respected Indian origin business leaders globally. He is an NRI who divides his time between the United States and India and reportedly visited Delhi specifically to finalise this transaction. When someone of his stature and financial sophistication picks a location and a project for a personal real estate investment, it carries a message beyond the price tag — it says that the address, the developer, and the city have passed a very demanding test of judgment.

The Ajit Jain buys DLF Camellias apartment transaction involves a 7,400 sq ft unit in one of the most exclusive residential complexes in the country. At Rs 85 crore, the DLF Camellias price per sq ft for this transaction works out to approximately Rs 1.10 lakh — a benchmark that pushes the project firmly past Mumbai's most expensive addresses and into global luxury territory. The Camellias offers private club facilities, concierge services, layered security, private elevators, and landscaped surroundings that collectively deliver what buyers at this level describe as a seven star living experience within a gated condominium setting.

Why DLF The Camellias is India's most premium residential address is a story that begins at launch. When the project was introduced in 2014, it was priced at Rs 22,500 per sq ft. Today it commands prices exceeding Rs 85,000 to Rs 1.10 lakh per sq ft depending on the unit and transaction. That appreciation over roughly a decade is extraordinary. The project is situated on Golf Course Road in Gurugram, close to major business districts of the NCR. Its residents include founders, CEOs, industrialists, and now a global Berkshire Hathaway executive. That community in itself becomes part of the value proposition for any new buyer.

The Ajit Jain purchase sits within a series of landmark transactions that have progressively raised the ceiling at DLF The Camellias. British businessman Sukhpal Singh Ahluwalia acquired an 11,416 sq ft apartment in the same complex for approximately Rs 100 crore. Rishi Parti, director of Info X Software Technology, purchased a 16,000 sq ft penthouse for Rs 190 crore. That penthouse transaction set a DLF The Camellias luxury apartment price benchmark of Rs 1.18 lakh per sq ft on super area — at the time the highest recorded price per sq ft for a high rise in India. Each of these deals built on the one before, establishing a price floor that the market has continued to respect and exceed.

NRI investment in ultra luxury apartments Gurugram 2025 is not a small phenomenon. Industry data shows that NRIs now account for more than 25 percent of sales in DLF's ultra luxury segment. The reason is practical as much as aspirational. Wealthy Indians living abroad return to India for months at a time and want residences that match international living standards without the management burden of a standalone bungalow. A gated condominium like The Camellias with full concierge, security, and amenities checks every box. The Berkshire Hathaway Ajit Jain property purchase is the most prominent recent example of this broader pattern.

This is perhaps the most significant structural shift that transactions at The Camellias represent. DLF Gurugram has now surpassed Mumbai's Lutyens zone and South Mumbai premium addresses in per sq ft pricing for high rise luxury apartments. In 2025, Gurugram became India's fastest growing ultra luxury residential market by total transaction value, outpacing Mumbai. The India Sotheby's International Realty and CRE Matrix report confirmed that sales of homes priced at Rs 10 crore and above reached Rs 24,120 crore in 2025. Gurugram's share of that figure reflects just how decisively the city has entered the conversation as a genuine global luxury real estate destination.

How DLF The Camellias became India's top ultra luxury residential destination is ultimately a story about three things coming together — a trusted developer who has delivered consistently, a location that offers genuine connectivity and exclusivity, and a buyer community that keeps raising the standard. For investors watching this space, the direction of pricing at The Camellias and the broader Gurugram ultra luxury belt has been consistently upward for over a decade. Transactions like the Ajit Jain purchase reinforce that the demand at the very top end of India's residential market is both real and growing.

The Ajit Jain apartment purchase at DLF The Camellias for Rs 85 crore sets a DLF Camellias price per sq ft benchmark of Rs 1.10 lakh, reinforcing why this Gurugram address leads Gurugram ultra luxury real estate. With NRIs driving over 25 percent of DLF Gurugram ultra luxury sales and landmark deals consistently pushing pricing higher, why DLF The Camellias is India's most premium residential address is no longer a debated question. The Berkshire Hathaway Ajit Jain property investment signals that ultra luxury flat India demand from global Indian leaders is only growing stronger.