DLF set for record  home sales of  ₹15k cr in FY23

DLF Ltd. is set to post record sales for residential properties at over ₹15,000 crores in 2022-23 far higher than its guidance of ₹8,000 crore for the financial year.

It had recorded ₹6,599 crores in bookings in April-December and is expected to close the year at ₹8,000 crore- ₹9,000 crores. Its bookings stood at ₹4,544 crores in the year-ago period.

It had recorded ₹6,599 crores in bookings in April-December and is expected to close the year at ₹8,000 crore- ₹9,000 crores. Its bookings stood at ₹4,544 crores in the year-ago period.

A luxury high-rise project at Sector 63 of Gurugram alone has brought in around ₹8,000 crores in booking, as the demand for high-end housing units by branded developers rose significantly.

The 1,137 apartments, which are priced at an average ₹7.5 crore were all sold out within three days of the pre-launch in February.

We had budgeted ₹2,000 crore- ₹3,000 crores of sales from the pre-launch in the January-March quarter.

In 2023-24, DLF has lined up multiple residential project launches, including apartments and independent floors, in Delhi, Chennai, Panchkula and Mohali.