MoneyWorks4Me

DLF to launch properties worth nearly Rs 80,000 crore over next 3-4 years

26 Feb 2024 Evaluate

DLF has planned to launch properties worth nearly Rs 80,000 crore over the next 3-4 years to tap rising demand for housing and commercial projects. The company sold properties worth Rs 15,000 crore during 2022-23 and is set to surpass this number in the current fiscal going by sale bookings clocked in the first three quarters.

Most of the projects to be launched for sale over the next 3-4 years would be residential and that too in luxury and ultra-luxury segments. Delhi-NCR, Mumbai, Goa, and Chennai would be the focus area of the company.

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.


Peers
Company Name CMP
Lodha Developers 1070.10
Prestige EstatesProj 1425.00
Dilip Buildcon 398.00
DLF 621.00
Oberoi Realty 1668.30
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