Dlf Realty

DLF plans luxury highrise project with over 1,000 apartments in Gurugram

This comes after the firm had sold out two earlier launched projects - Privana South and Privana West - with 1,113 units and 795 units, respectively

DLF acquires nearly 50% stake in DLF Urban from GIC for Rs 497 crore

Real estate major DLF has acquired nearly 50 per cent stake in its arm DLF Urban Pvt Ltd from Singapore-based GIC for Rs 497 crore. With this deal, DLF will have 100 per cent stake in DLF Urban Pvt Ltd, which has already completed a luxury housing project in the national capital. DLF's wholly-owned subsidiary DLF Home Developers Ltd (DHDL) has "acquired 49.997 per cent of the total paid-up equity share capital and compulsorily convertible debentures held by Reco Greens Pte Ltd in DLF Urban Pvt Ltd, a subsidiary of DHDL." Reco Greens Pte Ltd is a subsidiary of Singapore sovereign wealth GIC. A Securities Purchase Agreement was executed on March 25, 2025 amongst DHDL, Reco and DLF Urban Pvt Ltd (DUPL), DLF said in a regulatory filing on Tuesday. Post this acquisition, the holding of DHDL in the share capital of DUPL has increased from 50.003 per cent to 100 per cent. Consequently, DUPL has become a wholly-owned subsidiary of DHDL and also of DLF Ltd. The cost of acquisition stood a

DLF acquires 49.99% stake in DLF Urban from GIC arm for Rs 497 crore

Realty major DLF has acquired a nearly 50 per cent stake in its arm DLF Urban Private Limited for Rs 497 crore from Singapore's Reco Greens. With this deal, DLF will have a 100 per cent stake in DLF Urban, which has developed a luxury housing project in the national capital. Reco Greens is an affiliated company of Singapore's sovereign wealth firm GIC. In a regulatory filing on Tuesday, DLF informed that its subsidiary DLF Home Developers had "acquired 49.997 per cent of the total paid-up equity share capital and compulsorily convertible debentures held by Reco Greens Pte Limited in DLF Urban Private Limited, a subsidiary of DHDL (DLF Home Developers)". A securities purchase agreement was executed on March 25 among DLF Home Developers, Reco Greens and DLF Urban. Post this acquisition, the holding of DLF Home Developers in share capital of DLF Urban has increased from 50.003 per cent to 100 per cent. Consequently, DLF Urban has become a wholly-owned subsidiary of DLF Home Develope

DLF shares: Dahlias' strong pre-sales trigger bullish calls by analysts

DLF's robust pipeline, including unsold inventory at Dahlias worth Rs 23,000 crore, along with upcoming launches in Goa and Gurugram, analysts believe, is expected to continue supporting strong sales

DLF sells 41% units of super luxury Dahlias project in nine weeks

Buyers now more involved in ultra-luxury housing, says DLF Home Developers Joint MD

DLF aims Rs 23,000 cr from sale of ultra-luxury homes in Gurugram's Dahlias

Buoyed by strong sales of 173 homes for Rs 11,816 crore in its ultra-luxury project in Gurugram, realty major DLF is now targeting at least Rs 23,000 crore revenue from the remaining 247 units in its new offering 'The Dahlias'. In October last year, DLF launched its 17-acre super-luxury housing project 'The Dahlias' at DLF phase 5 in Gurugram, comprising 420 apartments and penthouses. This new project is the second ultra-luxury offering from DLF after the successful delivery of 'The Camellias' at the same location. The minimum size of an apartment is 10,300 square feet. According to investors' presentation, DLF has sold 173 units having 18.5 lakh square feet area, for Rs 11,816 crore. The average realisation was around Rs 70 crore per residence. The average per square feet rate is around Rs 64,000 for saleable area and Rs 1,05,000 for carpet area. "Balance area to be sold 2.7 million (27 lakh) square feet. Currently valued at around Rs 23,000 crore," DLF said in the presentatio

DLF sells 173 ultra luxury apartments for Rs 11,816 cr in Gurugram

Real estate major DLF has sold 173 apartments for Rs 11,816 crore in its ultra luxury residential project 'The Dahlias' in Gurugram, on strong demand from the super-rich. In October last year, DLF launched a 17-acre housing project 'The Dahlias' at DLF Phase 5 in Gurugram, Haryana comprising 420 apartments and penthouses. This project is the second ultra luxury offering from DLF after the successful delivery of 'The Camellias' at same location. The minimum size of an apartment is 10,300 square feet. According to an investors' presentation, DLF has sold 173 units having 18.5 lakh square feet area, for Rs 11,816 crore. Average realization was around Rs 70 crore per residence. The average per square feet rate is around Rs 64,000 on saleable area and Rs 1,05,000 on carpet area. On bumper sales in this project, DLF Group MD Ashok Tyagi said there has been a "very strong underlying demand" for this exclusive offering. DLF's subsidiary DLF Home Developers Joint Managing Director Aakash

DLF Q3FY25 results: Consolidated net profit rises 61% to Rs 1,058.73 cr

DLF's revenue from operations grew marginally by 0.5 per cent to Rs 1,528.7 crore in Q3FY25, compared to Rs 1,521.2 crore in Q3FY24

DLF Q3 net profit rises 61% to Rs 1,059 cr, revenue jumps to Rs 1,737 cr

Its net profit stood at Rs 655.71 crore in the year-ago period

Gurgaon: Penthouse in DLF Camellias sold for Rs 190 crore to Rishi Parti

The 16,290-square-foot penthouse was purchased by Info-x Software Tech Pvt Ltd, led by its director, Rishi Parti.

I chose DLF over Disneyland dream, says KP Singh at his book launch

Meanwhile, in the book, Singh, who says circumstances forced him to enter his father-in-law's real estate business after his army and horse breeding days

DLF to invest Rs 8,000 crore to build super-luxury project in Gurugram

Realty major DLF will invest around Rs 8,000 crore to develop an ultra-luxury housing project in Gurugram as it seeks to encash strong demand for premium homes. Last month, DLF did a pre-launch of its 17-acre super-luxury housing project 'The Dahlias' at DLF 5, Gurugram, after obtaining all regulatory approvals and has received a good response from customers. The company will develop around 420 apartments in this project, which is the second ultra-luxury offering from DLF after the successful delivery of 'The Camellias'. According to sources, DLF will invest around Rs 8,000 crore over the next 4-5 years on the construction of this new project, comprising nearly 50 lakh square feet of area. In a conference call with analysts held recently, DLF's Managing Director Ashok Tyagi informed that the company is expecting Rs 26,000 crore in revenue from this new super-luxury project in Gurugram based on the current pre-launch price. "In RERA, what we have filed now is the revenue of Rs 26,0

DLF expects Rs 26,000 cr from super luxury project in Gurugram, says MD

Realty major DLF is expecting Rs 26,000 crore in revenue from its new super-luxury project in Gurugram at the current selling price, and the sales numbers may rise further due to high demand, its MD Ashok Tyagi said on Saturday. DLF has done a pre-launch of its 17-acre super-luxury housing project The Dahlias at DLF 5, Gurugram, and has received a good response from the customers. It received RERA approval at the beginning of this month to launch this project. The company will develop around 420 ultra-luxury apartments in this project. The minimum size of an apartment is 10,300 square feet. In a conference call with market analysts, DLF MD Tyagi informed that the company expects a revenue of Rs 26,000 crore from this super luxury project. "In RERA, what we have filed now, is the revenue of Rs 26,000 crore based on the pre-launch price. These numbers will obviously keep on going upwards as prices keep on moving," Tyagi said while replying to a query regarding the revenue potential o

DLF's sales bookings rise 66% to Rs 7,094 cr in Apr-Sept despite weak Q2

Realty major DLF's sales bookings increased 66 per cent to Rs 7,094 crore in the first half of this fiscal on strong housing demand. Its sales bookings stood at Rs 4,268 crore in the year-ago period. The company has been able to achieve growth in sales bookings during the April-September period of this fiscal because of the robust performance in the first quarter. DLF's sales bookings jumped over three-fold to around Rs 6,400 crore during the first quarter of this fiscal from Rs 2,040 crore in the year-ago period. However, in the second quarter of 2024-25, the sales bookings fell 69 per cent to Rs 692 crore from Rs 2,228 crore a year ago. In an investor presentation, DLF pointed out that there has been a "moderation in sales on account of delay in receiving requisite approvals for new product launches". In the current quarter, the company has received approval for its super-luxury housing project 'The Dahlias' at DLF 5, Gurugram. "We remain on track to meet our guidance for the

DLF Q2 results: Profit more than doubles to Rs 1,381 cr, revenue up 48%

Realty major DLF on Friday reported a more than two-fold jump in its consolidated net profit to Rs 1,381.08 crore for the quarter ended September 2024. Its net profit stood at Rs 622.78 crore in the year-ago period. The total income rose to Rs 2,180.83 crore during the April-September period of the 2024-25 fiscal from Rs 1,476.42 crore in the corresponding period of the preceding year, according to a regulatory filing. DLF is the country's largest real estate firm in market capitalisation.

Real estate majors DLF, Macrotech among most valued family businesses

Sobha's Ravi PNC Menon and Macrotech's Abhishek Lodha found places in the list of the youngest leaders in the 2024 Barclays Private Clients Hurun India most valuable real estate family businesses

DLF appoints 1981 batch-IRS officer Mahender as independent director

DLF Ltd has appointed Mahender Singh as independent director for a period of five years. In a regulatory filing, the company informed that the board of directors approved, the appointment of Mahender Singh as an independent director for a period of five consecutive years with effect from August 7, 2024. This is subject to the approval of the shareholders. Singh, who holds a master's degree in English, is an IRS (Customs and Central Excise) officer of the 1981 batch. With a career spanning 37 years, he has held various important positions in direct Taxation i.e. Customs, Central Excise and Service Tax. He superannuated as Member (GST), Central Board of Indirect Taxes and Customs in December 2018. In March 2019, Singh was appointed as Member of the first Lokpal of India. He superannuated in March 2024.

DLF plans to launch Rs 1.04 trn worth real estate projects in medium term

Realty major DLF plans to launch nearly 37 million square feet area for sale in the medium term across various cities with revenue potential of Rs 1.04 lakh crore as part of its strategy to encash strong demand for luxury homes. In its latest investor presentation for the April-June quarter, DLF informed about the "planned launches of Rs 1+ lakh crore (36 million square feet) of new products over the medium term". Giving the break-up, the company said a 12.8 million square feet area will be launched for sales this fiscal with a revenue potential of Rs 42,000 crore. In the subsequent years, DLF intends to launch a 24 million square feet area having a gross development value of Rs 62,500 crore. Out of the total Rs 1,04,500 crore worth projects that it intends to launch in medium term, only Rs 1,000 crore worth is planed from commercial properties and the remaining from the housing segment. These projects, largely residential, will be launched primarily in Delhi, Gurugram, Chandigar

DLF sales jump over 3X to Rs 6,404 cr in Q1 on high demand for luxury homes

Realty major DLF's sales bookings jumped over three-fold to Rs 6,404 crore during the first quarter of this fiscal on strong demand for its luxury housing properties. The company had sold properties worth Rs 2,040 crore in the year-ago period. DLF has given guidance to achieve Rs 17,000 crore worth of sales bookings for the entire 2024-25 financial year as against nearly Rs 15,000 crore in the preceding year. According to its latest investor presentation, the company's sales bookings in the April-June quarter were driven by its luxury project 'DLF Privana West' at Sector 76/77, Gurugram that saw sales of Rs 5,600 crore. In its super-luxury housing project 'The Camellias' at DLF 5, Gurugram, the company sold 4 units for Rs 251 crore. On Thursday, DLF reported a 23 per cent increase in its consolidated profit to Rs 645.61 crore in the first quarter of this fiscal. Its net profit stood at Rs 527 crore in the year-ago period. Total income rose to Rs 1,729.82 crore during the April-J

DLF to expand housing, commercial property biz: Chairman Rajiv Singh

Realty major DLF will focus on expanding its business to develop residential and commercial projects and is entering new markets Mumbai and Goa to tap into growth opportunities, its Chairman Rajiv Singh said. In his message to shareholders in the annual report, Singh said the company will continue to focus on corporate governance, operational excellence and upholding the value of the company's founders. "Our focus is to expand both our businesses, residential and commercial. The residential business continued its growth momentum, we witnessed an uptick in new sales bookings, coupled with record sales collections. "The markets response to our products continues to be very encouraging. It is with this conviction that we are entering new geographies like Mumbai and Goa," he said. While the company continues to launch new projects in Delhi-NCR, Singh said the company's strategy is to introduce a diverse range of offerings to meet the aspirational needs of the market. DLF has achieved