DLF's Q2 pre-sales beat estimates, but with just Rs 4,460 crore booked in H1FY27, timely launches in Mumbai and Gurugram will be crucial to meeting its annual guidance
DLF to launch next phase of Mumbai project in Q3 FY27 after ₹2,300 crore sellout
DLF expects revenue growth to accelerate from FY28 as projects worth ₹75,000 crore near completion. The company also expects further price increases at The Dahlias
DLF plans to launch housing projects worth over ₹58,000 crore across Delhi-NCR and Mumbai in the next 2-3 years, driven by strong demand for luxury homes from buyers and investors.
DLF's consolidated net profit rose 11.1 per cent year-on-year in Q2FY27, while revenue declined 23.3 per cent; new sales bookings surged 478.7 per cent sequentially to Rs 3,800 crore
DLF has sold all 172 homes in its luxury retirement project The Aureva in Gurugram for about ₹1,985 crore. Here's what buyers are paying, what they get for the price and why the project marks a new be
Rising affluence, longer life expectancy and changing family structures are drawing mainstream developers to premium senior living projects in India's major urban markets
Lodha Developers was the top laggard in the Nifty Realty pack following a 7.56 per cent decline. Godrej Properties followed close behind as it declined 7.42 per cent.
Gurugram's ₹271 crore penthouse: Why the ₹2.6 lakh per sq ft price matters
Realty major DLF Ltd has sold a penthouse for Rs 271 crore at its upcoming luxury housing project in Gurugram, making it one of the costliest deals in terms of per square feet, according to sources. In October 2024, DLF launched its 17-acre super-luxury housing project 'The Dahlias' at DLF Phase 5 in Gurugram, comprising 420 apartments and penthouses. Sources said the company has sold a penthouse in this project to entrepreneur Manav Sardana, who was associated with Imperial Auto. The penthouse has a 17,200 sq ft super area and a 10,500 sq ft carpet area. On the super area basis, DLF has sold the penthouse at Rs 1.58 lakh per sq ft, while the selling price is nearly Rs 2.6 lakh per sq ft on carpet area, sources said. A DLF spokesperson declined to comment on the sale. DLF is expecting a total revenue of more than Rs 40,000 crore from this project. It has already sold more than 65 per cent of its units so far. The price of an apartment in this project ranges between Rs 100 crore
DLF expects its retail portfolio to sustain healthy growth as premiumisation lifts footfalls, consumption rises 11-12 per cent and new mall projects support rental income
DLF's Q1 presales slumped due to no launches, but a ₹60,000-crore-plus project pipeline and strong cash position keep analysts positive on the stock
Among interest rate sensitives, Exide, Uno Minda, Bosch, Tata Motors CV, Ashok Leyland, Godrej Properties, DLF and Lodha Developers gained 3-5% in Wednesday's intra-day trade post RBI policy.
DLF's planned ₹2,000-crore senior living project in Gurugram reflects a broader shift as affluent Indians rethink where-and how-they want to spend their retirement
Developer says weak first-quarter bookings reflected deferred launches and expects projects in Gurugram, Mumbai and Goa to help achieve its FY27 sales target.
Realty major DLF Ltd on Tuesday exuded confidence that it will achieve sales bookings target of around Rs 20,000 crore this fiscal on strong launch pipeline and inventories in existing projects, even as the company's pre-sales plunged 94 per cent in the June quarter to Rs 657 crore. During 2025-26, DLF Ltd's sales bookings or pre-sales fell 5 per cent to Rs 20,143 crore from a record of Rs 21,223 crore in the preceding financial year. In May this year, the company had given an annual sales bookings guidance of Rs 20,000 crore for the current 2026-27 fiscal. At a webcast with a capital market analyst, DLF Ltd Managing Director Ashok Kumar Tyagi pointed out that the June quarter was weak in terms of pre-sales as the company did not launch any housing project. However, he said, "We are on track to hopefully meet our sales guidance." Tyagi said the company continues to focus on improving cash flows and embedded margins. He said the company is also looking at strategic land acquisitio
The company posted weak first-quarter results as the firm's consolidated revenue fell to Rs 1,605.56 crore, a decline of 46 per cent from the year-ago period.
Realty major reports a 4% rise in net profit despite a sharp fall in revenue, with deferred project launches weighing on sales bookings during the June quarter
Realty major DLF Ltd on Monday reported a 4 per cent increase in its consolidated net profit to Rs 793.90 crore for the quarter ended June despite a fall in total income. Its net profit stood at Rs 762.67 crore in the year-ago period. Total income declined to Rs 1605.56 crore in the first quarter of the 2026-27 fiscal from Rs 2,980.88 crore in the corresponding period of the preceding year, according to a regulatory filing. DLF is the country's largest real estate developer in terms of market capitalisation.
Q1FY27 company results: Firms including KEI Industries, Torrent Power, Ather Energy, JM Financial, Nazara Technologies, and INOX India are also to release their April-June earnings today