India, Aug. 10 -- Entrepreneur Manav Sardana has made headlines after purchasing a penthouse at DLF's ultra-luxury residential project The Dahlias in Gurgaon for Rs.271 crore. The deal is reportedly among the most expensive single-unit residential transactions in India, putting Gurgaon's luxury housing market in the spotlight.

The penthouse has a super area of 17,200 sq ft and a carpet area of 10,500 sq ft. The transaction works out to approximately Rs.1.58 lakh per sq ft on the super area and nearly Rs.2.6 lakh per sq ft on the carpet area.

Two people aware of the transaction said the purchase is the costliest single-unit residential transaction in the country.

Manav Sardana is an entrepreneur who was associated with Imperial Auto bef...