DLF Ltd, one of India’s leading real estate developers, is preparing to introduce residential projects with a combined sales potential exceeding Rs 58,000 crore over the next two to three years, driven by strong demand for luxury housing from homebuyers and investors.
According to its latest investor presentation, the company has launched approximately 14 million square feet of residential space over the past two-and-a-half years, generating a potential sales value of more than Rs 56,000 crore. DLF had earlier outlined plans to launch 37 million square feet of property, with an estimated revenue potential of Rs 1,14,500 crore.
“50 per cent launched in the first 2.5 years…healthy pipeline for the medium term ( Rs 58,000 crore),” DLF said.
The developer intends to bring around 24 million square feet of additional residential space to the market during the medium term. In a recent interaction with analysts, Aakash Ohri, Managing Director and Chief Business Officer of DLF Home Developers Ltd, said the company was preparing to launch luxury housing projects in Mumbai and Gurugram during the second half of the current financial year.
DLF has also recorded strong demand for its premium residential offerings. During the second quarter, it launched The Aureva, a senior-living development spread across 4.17 acres in Gurugram. The project comprises 172 luxury homes, all of which were sold for a total of Rs 1,985 crore.
Its super-luxury development, The Dahlias, has also witnessed significant interest and price appreciation over the past two years. Launched in October 2024 across 17 acres in DLF Phase 5, Gurugram, the project comprises 420 apartments and penthouses. Ohri said approximately 275 units had been sold by September. In August, a penthouse measuring 17,200 square feet in super area and 10,500 square feet in carpet area was sold for Rs 271 crore.
DLF recorded property sales bookings worth Rs 4,457 crore in the first half of FY2026-27 and is targeting approximately ₹20,000 crore for the full financial year.
For the July–September quarter, consolidated net profit increased 10% year-on-year to Rs 1,301.35 crore, while total income rose to Rs 2,297.30 crore. First-half profit reached Rs 2,095.25 crore, although total income declined to Rs 3,902.86 crore.
The company has developed over 185 projects covering more than 352 million square feet and holds a commercial rental portfolio of approximately 50 million square feet. Its overall development potential stands at around 275 million square feet across residential and commercial properties.
Source: Hindustan Times
