Driven by robust demand for premium and luxury real estate, realty major DLF Ltd plans to launch new residential projects with an estimated sales potential of over Rs 58,000 crore across the next two to three years.
Key Highlights & Medium-Term Pipeline
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Project Scale: The company plans to introduce around 24 million square feet of residential space in the medium term, focusing heavily on key markets like Gurugram and Mumbai.
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Sales Target: DLF has set a target of achieving Rs 20,000 crore in sales bookings for the 2026-27 financial year.
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Broad Strategy: These upcoming launches are part of a wider roadmap initiated at the start of FY25, which originally outlined a 37-million-square-foot pipeline valued at approximately Rs 114,500 crore. Out of this, the company has already launched 14 million square feet worth over Rs 56,000 crore in the past two and a half years.
Strong Demand for Luxury & Super-Luxury Segments
According to Aakash Ohri, Managing Director and Chief Business Officer of DLF Home Developers Ltd, the upcoming luxury portfolio will roll out in the second half of the current fiscal year.
The developer’s high-end offerings have witnessed remarkable traction:
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The Dahlias (Gurugram): Launched in October 2024, this 17-acre super-luxury project featuring 420 apartments and penthouses in DLF Phase 5 has seen major price appreciation. By September, around 275 units had been sold, highlighted by a landmark penthouse sale in August measuring 17,200 sq. ft. (super area) for Rs 271 crore.
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The Aureva (Gurugram): DLF’s 4.17-acre senior living project comprising 172 luxury homes sold out completely upon launch during Q2, generating Rs 1,985 crore in sales.
Financial & Business Performance
DLF recorded property sales bookings of Rs 4,457 crore in the first half of the current financial year. On the financial front, the company reported a 10% year-on-year rise in consolidated net profit to Rs 1,301.35 crore for the July–September quarter.
With a cumulative footprint of over 352 million square feet across 185+ completed projects and a commercial rental portfolio spanning roughly 50 million square feet, DLF maintains a massive development potential of approximately 275 million square feet ahead.
