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CASE STUDY

DLF The Crest: 85% in 4 Years on Golf Course Road

DLF The Crest, Sector 54, Gurgaon · Delhi-based investor family

Entry
₹2 Cr
2020
Exit
₹3 Cr
2024
Total Return
83%
absolute
Annualised
16.4%
per annum
DLF The Crest: 85% in 4 Years on Golf Course Road
Micro-Market
Golf Course Road
Hold Period
4 yrs
Value Multiple
1.8x
Investor
Delhi-based investor family

Entry Thesis

COVID created a distress window in premium DLF inventory. DLF brand quality + Golf Course Road location = low downside risk with significant upside as macro recovered.

Timeline

2020

Entry at ₹1.8 Cr during COVID distress pricing

2021

Rental income begins — 3.2% yield

2022

Strong appreciation begins post-pandemic

2024

Exit at ₹3.3 Cr — 83% return + rental income

Key Learnings

01

Distress windows in premium micro-markets are rare — act fast when they appear

02

Rental income during hold period reduces effective cost

03

DLF brand provides brand premium on exit

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