DLF is planning to launch new projects worth Rs 3,500 crore during the second half of this fiscal, mainly in Gurugram and Panchkula as it seeks to tap a rising demand. The company plans to launch residential projects across Gurugram and Panchkula by March 2023 after getting requisite approvals from authorities. Besides, the company plans to launch around 3 million square feet area across residential projects.
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.