DLF Sales Reservations Doubled to Rs 13,316 Crore Between April and December

DLF Ltd’s sales bookings increased double year on year to Rs 13,316 crore in the first nine months of the current fiscal year, owing mostly to rising demand for its premium home projects in Gurugram.

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DLF Sales Reservations Doubled to Rs 13,316 Crore Between April and December

DLF Ltd’s sales bookings increased double year on year to Rs 13,316 crore in the first nine months of the current fiscal year, owing mostly to rising demand for its premium home projects in Gurugram.

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The company’s sales bookings were Rs 6,599 crore from April to December of the previous fiscal year.

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DLF’s sales bookings totaled slightly more than Rs 15,000 crore in fiscal 2022-23, and they are expected to rise further in the current fiscal year.

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In the third quarter of 2023-24, DLF unveiled three new projects totaling more than 5 million square feet, two in Gurugram and one in Panchkula.

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DLF said it had strong demand, and both Gurugram projects were sold out in record time.

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DLF reported a 27% rise in total net profit to Rs 655.71 crore in the December quarter, driven by more income and decreased costs.

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