DLF Sales Surge Three-Fold on Strong Luxury Housing Demand

Real estate giant DLF's sales bookings surged over three times to Rs 6,404 crore in Q1 FY25 due to strong demand for luxury homes. The company forecasts Rs 17,000 crore in sales bookings for FY24-25. This growth is driven primarily by the success of 'DLF Privana West' in Gurugram and other premium projects.

Real estate giant DLF witnessed a significant surge in its sales bookings, surpassing Rs 6,404 crore in the first quarter of the current fiscal year, fueled by heightened demand for premium housing properties.

In a year-on-year comparison, the company had sold properties worth Rs 2,040 crore during the same period last year.

Projections from DLF indicate an ambitious target of Rs 17,000 crore in sales bookings for the entire 2024-25 financial year, exceeding the nearly Rs 15,000 crore recorded in the previous year.