Who Is Manav Sardana? All About the Entrepreneur Behind ₹271 Crore Home Deal
Entrepreneur Manav Sardana has bought a penthouse in DLF’s ultra-luxury residential project, The Dahlias, in Gurugram for ₹271 crore. Sardana was associated with Imperial Auto before the company was acquired by global private equity firm Warburg Pincus, according to Hindustan Times (HT).
The transaction is among the most expensive single-home property deals reported in India. It also highlights the rapid growth of Gurugram’s luxury housing market, which is increasingly competing with Mumbai’s high-end residential property market.
Based on the ₹271-crore purchase price, the property costs around ₹1.58 lakh per sq ft on the super area. On the carpet area, the price works out to nearly ₹2.6 lakh per sq ft.
The ₹271-crore purchase is the latest in a series of high-value property transactions recorded at The Dahlias, DLF’s ultra-luxury residential project in Gurugram.
The agreement deed showed that the apartment was sold for more than ₹1.93 lakh per sq ft. The property is located on a higher floor of Tower 1 in The Dahlias, situated in DLF City Phase 5, Sector 54, Gurugram.
The apartment has a carpet area of about 6,233.39 sq ft and includes five dedicated parking spaces.
Former India opener Shikhar Dhawan also purchased an apartment in The Dahlias in February 2025. The property was bought for ₹65.61 crore, while the total amount, including stamp duty, stood at ₹68.89 crore.
Another major transaction took place in October 2025, when a Delhi-NCR industrialist purchased four apartments at The Dahlias for around ₹380 crore.
The four homes are spread across adjoining towers and have a combined area of nearly 35,000 sq ft. According to property brokers, the buyer plans to connect the four apartments and convert them into one large residence.
The project also features 15 exclusive duplex penthouses with a combined area of around 350,000 sq ft.
The Dahlias has emerged as a major contributor to DLF’s sales. During FY26, DLF recorded total sales bookings of ₹20,143 crore, a decline of 5% from the record ₹21,223 crore reported in the previous financial year.
However, The Dahlias alone generated ₹4,828 crore in sales bookings during FY26.
DLF sold 32 apartments in the March quarter, with strong demand and rising property prices supporting sales at the luxury project.
According to a local media outlet, Sardana is a director in more than a dozen companies linked to the Imperial Auto group.
These companies include Imperial Silicon Private Limited, Kreuz Hydraulics Private Limited and Imperial Martor Engine Tubes Private Limited, among others.
His ₹271-crore purchase at The Dahlias adds another major transaction to Gurugram’s rapidly expanding luxury real estate market, where ultra-premium residential properties are attracting buyers willing to spend hundreds of crores on individual homes.
The transaction is among the most expensive single-home property deals reported in India. It also highlights the rapid growth of Gurugram’s luxury housing market, which is increasingly competing with Mumbai’s high-end residential property market.
Manav Sardana Buys 17,200 Sq Ft Penthouse
The penthouse purchased by Manav Sardana has a super area of around 17,200 sq ft, while its carpet area is approximately 10,500 sq ft.Based on the ₹271-crore purchase price, the property costs around ₹1.58 lakh per sq ft on the super area. On the carpet area, the price works out to nearly ₹2.6 lakh per sq ft.
The ₹271-crore purchase is the latest in a series of high-value property transactions recorded at The Dahlias, DLF’s ultra-luxury residential project in Gurugram.
More High-Value Deals at The Dahlias
In April 2026, investor Madhusudan Murlidhar Kela bought an apartment in The Dahlias for more than ₹120.71 crore, according to HT.The agreement deed showed that the apartment was sold for more than ₹1.93 lakh per sq ft. The property is located on a higher floor of Tower 1 in The Dahlias, situated in DLF City Phase 5, Sector 54, Gurugram.
The apartment has a carpet area of about 6,233.39 sq ft and includes five dedicated parking spaces.
Former India opener Shikhar Dhawan also purchased an apartment in The Dahlias in February 2025. The property was bought for ₹65.61 crore, while the total amount, including stamp duty, stood at ₹68.89 crore.
Another major transaction took place in October 2025, when a Delhi-NCR industrialist purchased four apartments at The Dahlias for around ₹380 crore.
The four homes are spread across adjoining towers and have a combined area of nearly 35,000 sq ft. According to property brokers, the buyer plans to connect the four apartments and convert them into one large residence.
The Dahlias Has 420 Homes Across Eight Towers
According to HT, The Dahlias will cover around 7.5 million sq ft and comprise 420 residences spread across eight towers. Each tower will rise to 29 levels.The project also features 15 exclusive duplex penthouses with a combined area of around 350,000 sq ft.
The Dahlias has emerged as a major contributor to DLF’s sales. During FY26, DLF recorded total sales bookings of ₹20,143 crore, a decline of 5% from the record ₹21,223 crore reported in the previous financial year.
However, The Dahlias alone generated ₹4,828 crore in sales bookings during FY26.
DLF sold 32 apartments in the March quarter, with strong demand and rising property prices supporting sales at the luxury project.
Who Is Manav Sardana?
Manav Sardana is an entrepreneur who has been closely associated with Imperial Auto Industries, a major Indian manufacturer of fluid transmission products for the automotive and off-highway sectors.According to a local media outlet, Sardana is a director in more than a dozen companies linked to the Imperial Auto group.
These companies include Imperial Silicon Private Limited, Kreuz Hydraulics Private Limited and Imperial Martor Engine Tubes Private Limited, among others.
His ₹271-crore purchase at The Dahlias adds another major transaction to Gurugram’s rapidly expanding luxury real estate market, where ultra-premium residential properties are attracting buyers willing to spend hundreds of crores on individual homes.
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