DLF has reopened sales and sold housing properties worth of about Rs 300 crore in Gurgaon in November. Sales were halted from May 1 due to RERA (real estate law) implementation. New sales bookings have opened on November 1, 2017.
Out of the total sales during last month, about Rs 250 crore was contributed by its luxury housing project ‘The Crest’. The selling price of the premium project ‘The Crest’ is Rs 5 crore onwards. This project was launched in May 2013 and is ready for possession.
DLF is one of India's biggest property developers. The company’s primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals.