DLF is targeting to achieve sales bookings of about Rs 4,000 crore in FY16. The country's largest real estate firm achieved gross sales bookings of Rs 3,850 crore in 2014-15 fiscal, down 5 per cent from Rs 4,070 crore achieved in the previous year.
The sales volume in most geographies shall continue at a diminished pace similar to FY14 and FY15. The real estate sector is facing huge slowdown, especially in housing sales, from last few years due to high property prices as well as interest rates.
DLF is one of India’s largest real estate companies that has over 60 years of track record of sustained growth, customer satisfaction, and innovation.