DLF to launch projects worth nearly Rs 20K cr this fiscal; targets sale bookings of Rs 12K cr
DLF Ltd, India's largest realty company, plans to launch projects worth Rs 19,710 crore for sale by March 2023, with an estimated sales revenue potential of over Rs 12,000 crore. Last fiscal, the company clocked a sale booking of Rs 15,058 crore. DLF CEO Ashok Tyagi stated that "in FY24 we should still be looking at sales guidance of Rs 11,000-12,000 crore." The majority of projects in the housing sector will be launched in Delhi-NCR and Chennai. The company has 215 million square feet of development potential in both residential and commercial segments.
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