DLF Expects 1000 crore plus sales in Q4 As Demands For Luxury Homes Rise.
DLF Expects 1000 cr-plus sales in Q4 As Demands For Luxury Homes Rise
DLF is a premium builder with its presence all over India and overseas. They are synonymous with building premium residential, office, commercial and urban spaces.
The bounce back in residential demand and the traction seen for new products is surprising, said Ashok Tyagi, the Whole Time Director of the real estate major company.
The demand for quality luxury homes has steadily been rising especially from branded developers. As clients nowadays want to just invest in properties in which they have confidence. Founded in 1946 by Chaudhary Raghvendra Singh, DLF started with the creation of 22 urban colonies in Delhi. In 1985, the company expanded into the then-unknown region of Gurugram, creating exceptional living and working spaces for the new Indian global professionals. Today, DLF is the largest publicly listed real estate company in India, with residential, commercial, and retail properties in 15 states and 24 cities. It has developed Gurgaon as it is today and made it into a dream urban city with great infrastructure,
DLFs diverse verticals reflect their dedication to developing ecosystems for Indias changing needs. But their foundation has always been their employees, their customers, their stakeholders, and their shareholders. DLF invests in spearheading innovation through empowerment and optimism, in order to build the foundation of Indias future on the legacy of their past.
On the realtors launch pipeline, they declared that DLF is focusing on working on all segments; DLF is working on a super luxury piece where they have the inventory, DLF is also proposing to launch their next major project in Delhi, which is a joint venture with GIC, sometime in next few months. DLF has identified a few sites in Gurugram to launch both premium and mid-income products. Therefore, the entire launch pipeline is looking healthy and energetic.
DLF is also looking at sales in excess of Rs 750 crore in Q3 and Q4 and expects sales to be more than Rs 1,000 crore after the second half of FY21,” added Ashok Tyagi, the Whole Time Director of the real estate major company
DLF has been recognized as an index component of the Dow Jones Sustainability Index in the emerging markets category.
These are promising times and much has been awaited from this real estate giant who has built luxurious skylines. Time and again DLF has proved that quality and reliability are the two major factors that clients are looking forward to, and DLF has been delivering every project as promised.
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