DLF Aims for Steady Growth with Rs 20,000 Crore Sales Target
DLF Ltd, India's biggest realty firm, maintains a sales booking target of Rs 20,000 crore for the current fiscal year, with significant launches planned in Gurugram, Mumbai, and Goa. The focus is on generating new margins and maximizing profits rather than simply increasing pre-sales figures.
DLF Ltd, the largest real estate firm in India, is aiming to secure Rs 20,000 crore in sales bookings for the current fiscal, mirroring the target set for the 2025-26 fiscal year.
The company's Managing Director, Ashok Kumar Tyagi, announced on Thursday that new residential projects in Gurugram, Mumbai, and Goa play a pivotal role in this financial strategy, with expectations to launch projects worth over Rs 14,000 crore.
Notably, the super luxury project 'The Dahlias' in Gurugram is a key contributor to this target. Despite a slight dip in sales bookings from the previous year, DLF remains focused on enhancing profit margins and free cash flow, rather than merely inflating pre-sales numbers.
(With inputs from agencies.)
- READ MORE ON:
- DLF
- real estate
- sales bookings
- Gurugram
- Mumbai
- Goa
- The Dahlias
- Ashok Tyagi
- profit margins
- land bank
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