DLF, the country’s largest realty firm is reportedly aiming to increase sales bookings in FY14 to eight million square feet, amounting to value of Rs 6,000 crore from sales bookings of 7.23 million sq ft during the last financial year with a value of Rs 3,815 crore.
The company will increase its sales bookings through its two existing projects in national capital region and new projects in Lucknow, Panchkula in north and Chennai in south.
Meanwhile, the company is targeting to bring down the net debt to Rs 10,000-11,000 crore from Rs 21,350 crore within the next three years with the help of proceeds from the issue of shares and sale of non-core assets.
