Zomato CEO Deepinder Goyal Buys ₹52.3 Crore Apartment in Gurgaon’s DLF Camellias: A Glimpse Into India’s Startup Billionaire Neighbourhood
July 11, 2025
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Zomato’s co-founder and CEO, Deepinder Goyal, has made headlines once again—not for a business move, but for a lavish real estate acquisition. Goyal has purchased a sprawling ₹52.3
Zomato’s co-founder and CEO, Deepinder Goyal, has made headlines once again—not for a business move, but for a lavish real estate acquisition. Goyal has purchased a sprawling ₹52.3 crore apartment in DLF Camellias, one of India’s most ultra-luxurious residential complexes located in Gurgaon. With this purchase, Goyal joins the ranks of elite startup founders who’ve made the premium enclave their home.
The Big-Ticket Purchase
According to The Times of India, Deepinder Goyal has bought a massive 10,813 sq. ft. apartment on the fifth floor of Tower 1 in DLF Camellias. The property includes five dedicated parking spots, a feature that aligns with the luxury standard of this elite residential space. The purchase, finalized for ₹52.3 crore, also involved a hefty stamp duty of ₹3.66 crore, pushing the total transaction to over ₹56 crore.
At approximately ₹48,390 per square foot, the purchase reflects one of the costliest price-per-sq-ft deals in India’s residential real estate sector. While the conveyance deed was registered on March 17, 2025, the buyer’s agreement reportedly dates back to April 2022, indicating a long-term investment decision.
Goyal’s Growing Real Estate Portfolio
This isn’t Deepinder Goyal’s first splash in the luxury property market. In recent years, he also purchased a prime land parcel in Mehrauli, Delhi, worth ₹50 crore. These high-value investments hint at the rising trend among India’s unicorn startup founders, who are diversifying their portfolios with real estate in India’s most expensive and exclusive localities.
Why DLF Camellias?
DLF Camellias, nestled in Gurgaon, is not just a housing society—it’s a symbol of status. Known for offering world-class amenities, cutting-edge architecture, and absolute privacy, the complex features apartments ranging from four to six BHK units, many of which span over 7,000 to 12,000 sq. ft..
As per The Financial Express, current listings at Camellias start at ₹70 crore, making Goyal’s ₹52.3 crore deal appear as a relatively competitive entry into this prestigious address.
Elite Startup Neighbours
Goyal’s purchase places him among India’s elite club of startup unicorn founders residing in the Camellias. His new neighbours include:
Aman Gupta, Co-founder of boAt
Varun Alagh, Co-founder of Mamaearth
Ashneer Grover, Ex-founder of BharatPe
Lokvir Kapoor, Co-founder of Pine Labs
These names are not only significant in India’s startup ecosystem but are also driving the culture of luxury and elite living among new-age entrepreneurs.
Camellias: Hub for Billionaires
DLF Camellias has seen some of the most high-profile real estate transactions in recent years:
In December 2024, Info-X Software CEO Rishi Parti bought a ₹190 crore penthouse.
Smiti Agarwal of Wesbok Lifestyle invested ₹95 crore in another ultra-luxury unit.
Lenskart’s Peyush Bansal made headlines with a ₹27 crore, 7,361 sq. ft. purchase.
These deals signify Camellias’ emergence as the preferred address for India’s business elite and unicorn founders.
The Rise of Ultra-Luxury Real Estate in India
The Indian real estate market is witnessing a significant shift, especially in metro cities like Delhi NCR, Mumbai, and Bangalore. The surge in startup wealth and IPOs has given rise to a new class of ultra-high-net-worth individuals (UHNWIs), many of whom are under 45 and are investing in premium properties.
Goyal’s decision to buy in Camellias highlights how startup success is translating into real estate power moves, reshaping India’s luxury housing landscape.
FAQs
1. Who is Deepinder Goyal?
Deepinder Goyal is the co-founder and CEO of Zomato, one of India’s leading food delivery and restaurant discovery platforms.
2. What is DLF Camellias?
DLF Camellias is an ultra-luxury residential project in Gurgaon known for its expansive apartments, elite residents, and world-class amenities.
3. How much did Deepinder Goyal’s apartment cost?
Goyal’s apartment cost ₹52.3 crore, with an additional stamp duty of ₹3.66 crore, making it one of the premium real estate deals in India.
4. Who are some other famous residents of DLF Camellias?
Notable residents include Aman Gupta (boAt), Varun Alagh (Mamaearth), Ashneer Grover (BharatPe), and Lokvir Kapoor (Pine Labs).
5. Why are startup founders investing in ultra-luxury properties?
With the surge in valuations, IPOs, and funding rounds, startup founders are investing in trophy properties as a symbol of success, wealth preservation, and lifestyle upgrade.