DLF is planning to invest around Rs 5,500 crore to develop a luxury housing project in Gurugram, as it seeks to achieve record sales bookings this fiscal on high demand. The company will soon launch an 18-acre project 'DLF Privana North' in Sector 76/77 Gurugram, comprising more than 1,150 apartments. This upcoming project is part of its 116-acre township 'DLF Privana'.
In this township, the company had last year launched and completely sold out two projects -'DLF Privana West' and 'DLF Privana South' - for around Rs 12,800 crore. In May 2024, DLF sold all 795 apartments for Rs 5,590 crore within three days of the launch of its 12.57-acre project 'Privana West'. Before that, in January 2024, the company had sold 1,113 luxury apartments in Gurugram for Rs 7,200 crore within three days of the launch of its project 'DLF Privana South', which is spread over 25-acre. The new project will be the third one in this large township.
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.
| Company Name | CMP |
|---|---|
| Lodha Developers | 855.85 |
| Dilip Buildcon | 450.15 |
| DLF | 595.85 |
| Oberoi Realty | 1695.70 |
| Ahluwalia Contract(I | 833.35 |
| View more.. | |
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