DLF reports 46% rise in sales bookings in Q2FY14

24 Feb 2014

DLF has reported 46% rise in its sales bookings to Rs 3,760 crore during April-December period of FY14 despite a slowdown in the real estate market. The company had sold properties worth Rs 2,575 crore in the year-ago period.

The company’s sales bookings have grown significantly on the back of successful launch of high value project Crest and Camellias in DLF Phase-V Gurgaon in the initial 4-5 months of current fiscal.

In the first quarter of 2013-14, DLF’s sales booking stood at Rs 2,430 crore but the same fell to Rs 730 crore and Rs 600 crore in the subsequent two quarters. For the entire last fiscal, sales bookings stood at Rs 3,815 crore.

DLF is one of India’s largest real estate companies that has over 60 years of track record of sustained growth, customer satisfaction, and innovation. The company has 314 msf of planned projects with 52 msf of projects under construction.

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