DLF Ltd Commits Rs 21,300 Crore for Major Residential Projects
DLF Ltd, India's premier realty firm, plans an investment of Rs 21,300 crore to finalize ongoing residential projects, chiefly in Delhi-NCR, Mumbai, and Chandigarh. With Rs 33,840 crore receivables and Rs 12,540 crore net receivables, the company aims to leverage the real estate demand post-COVID pandemic.
India's largest real estate firm, DLF Ltd, has announced a significant investment of Rs 21,300 crore aimed at completing its ongoing residential projects across key locations like Delhi-NCR, Mumbai, and Chandigarh.
As detailed in their latest investor presentation on the BSE, the firm also revealed customer receivables worth Rs 33,840 crore from property sales. After meeting the remaining project completion costs, the net receivables stand at Rs 12,540 crore.
Despite a 5% dip in sales bookings during FY2025-26, DLF's profits rose to Rs 4,414.68 crore. The company continues to be optimistic, bolstered by sustained demand and a robust project pipeline.
(With inputs from agencies.)
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