The country’s largest listed real estate company DLF will launch new housing projects in Gurugram and Mumbai in the June quarter this year. The company has estimated the sales of Rs 20,000-22,000 crore in this financial year. The company’s MD Ashok Tyagi gave this information on 20 May. He said that the company is going to launch many new projects in this financial year. These include projects from Gurugram and Mumbai.
Sales booking was 44 percent higher in FY25
DLF Has booked sales of Rs 21,223 crore in Financial Year 2024-25, which is a record. Out of this, booking of Rs 2,035 crore was done in the fourth quarter of FY25. This is a 39 percent growth on a year -on -year basis. The company’s consolidated sales booking in FY25 (Consolidated Sales Booking) In the year after year, 44 percent growth was seen. In FY24, the company’s consolidated sales booking was Rs 14,778 crore.
Many projects will be launched in the coming months
Tyagi said, “The sales booking that we have achieved in the last financial year is expected to continue this year. This time it can live between 20,000-22,000 crores. Thus our sales guidance is Rs 20,000-22,000 crore in FY26.” He told these things in analyst call on 20 May. DLF says that there is a good demand for luxury i.e. expensive houses. Therefore, the company has planned to launch many projects in the coming months and years. In this financial year, the company will launch housing projects worth Rs 17,000 crore.
A new project will be launched in Gurugram in June quarter
DLF told the investors on May 20 that it launched 75 million sq ft area in the last financial year. With this, the company can get a revenue of Rs 40,600 crore. The company’s joint MD and Chief Business Officer Akash Ohri said that there is a plan to launch Privana North in Gurugram in the first quarter of this financial year. The company will also launch a housing project in Mumbai. The company will launch its super-linguistic offering The Dahlias by November-December this year.
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Share prices rose 11 percent in the last one week
DLF shares saw a boom on 21 May. At 10:48 pm, this stock was up 0.68 percent to Rs 758.60. However, the stock has been poor in the last one year. During this period, the share prices have declined by about 11 percent. This stock has climbed more than 10 percent in the last one week.