Indian Clarity

Light. Truth. Clarity.

Loading ad...
Business

DLF pre-sales down 16 pc in Apr-Dec to Rs 16,176 cr

Share FacebookTwitterWhatsAppPinterestLinkedinCopy URLTelegramEmailTumblrReddItPrintKoo New Delhi, Jan 23 : Realty major DLF Ltd’s sales bookings fell 16 per cent to Rs 16,176 crore in the first nine months of this fiscal on lesser new homes supply, but the company is confident of meeting the annual pre-sales target. DLF Ltd, the country’s largest real estate company by market capitalisation, sold properties worth Rs 19,187 crore in the year-ago period. According to an investor’s presentation, DLF’s sales bookings fell sharply to Rs 419 crore during the third quarter of this fiscal from a record Rs 12,039 crore in the year-ago period.

DLF pre-sales down 16 pc in Apr-Dec to Rs 16,176 cr

Credit: Dailyexcelsior

Key Highlights

  • Explaining the reasons behind the plunge, DLF said new bookings for its ultra-luxury housing project ‘Dahlias’ were on hold in the December quarter due to a redesign aimed at enhancing the customer experience.
  • Starting in the current quarter, the company has begun taking bookings for the Dahlias project.
  • Despite a decline in sales bookings during the third quarter and the first nine months of 2025-26, DLF said, “We remain confident of achieving our annual guidance and will continue to bring our new product offerings in line with our stated medium-term plan.” DLF has given guidance on achieving sales bookings of Rs 20,000-22,000 crore during this fiscal.
  • During the 2024-25 financial year, DLF Ltd achieved a record sales bookings of Rs 21,223 crore mainly on the back of the successful launch of its ultra-luxury housing project ‘Dahlias’ on Golf Course Road, Gurugram.
  • In October 2024, DLF launched its 17-acre super-luxury housing project ‘The Dahlias’ at DLF Phase 5 in Gurugram, comprising 420 apartments and penthouses.
Loading ad...

Sources

  1. DLF pre-sales down 16 pc in Apr-Dec to Rs 16,176 cr

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Related Stories

Loading ad...