DLF's Ambitious Expansion: Eyeing Rs 1.04 Lakh Crore from Luxury Homes

Real estate giant DLF plans to launch 37 million square feet of space for sale in the near future, across several cities, promising a revenue potential of Rs 1.04 lakh crore. The projects, focusing primarily on luxury homes, will largely be launched in Delhi NCR and other metropolitan regions.

Realty major DLF plans to launch nearly 37 million square feet area for sale in the medium term across various cities with revenue potential of Rs 1.04 lakh crore, aiming to capitalize on strong demand for luxury homes.

DLF’s latest investor report for the April-June quarter outlines Rs 1+ lakh crore worth of new projects over the coming years.

The company intends to launch 12.8 million square feet this fiscal year, with a revenue potential of Rs 42,000 crore, and a subsequent 24 million square feet with a value of Rs 62,500 crore.