DLF’s sales bookings jump almost two fold in April-June period

14 Aug 2013

DLF has registered almost two fold jump in bookings in the housing segment for the April-June period on the back of strong response for its Gurgaon projects. The company has sold 1.81 million square feet of space for Rs 2,430 crore in the first quarter of this fiscal against 2 million square feet sold for Rs 1,240 crore in the January-March period.

The company achieved gross sales bookings of Rs 2,430 crore during Q1 against Rs 3,800 crore for FY13. Of the total bookings in April-June, Gurgaon phase 5 contributed the maximum at Rs 1,990 crore.

Meanwhile, in the rental business, the realty major has leased 0.39 million square feet of commercial space in Q1 FY14 compared with 0.18 million square feet in the previous quarter. Rental income stood at Rs 435 crore out of Rs 480 crore of annuity income.

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