Realty major DLF and GIC joint venture DCCDL's rental income rose 18 per cent to Rs 1,412 crore in the December quarter amid strong demand for premium office and retail spaces. DLF Cyber City Developers Ltd (DCCDL) rental income stood at Rs 1,193 crore in the year-ago period, according to DLF's latest investors presentation. DLF holds nearly 67 per cent stake in DCCDL while Singapore's sovereign wealth fund GIC has the remaining equity shareholding. At present, DCCDL has a total operational portfolio of 44.3 million square feet area, comprising prime office and retail spaces. Around 4 million square feet is retail area and the rest is office spaces. On financial performance front, DCCDL's net profit before exceptional item rose 40 per cent to Rs 717 crore during the third quarter of this fiscal from Rs 514 crore in the year-ago period. Total revenue grew 17 per cent to Rs 1,878 crore from Rs 1,605 crore. Its net debt stood at Rs 16,976 crore at the end of the latest December ...
Developer says Q3 sales dropped due to Dahlias pause, no new launches
Realty major states gross zero debt on high net cash position
DLF said that its new sales booking for the quarter stood at ₹419 crore, led by the healthy monetisation of launched inventory
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The Directorate of Enforcement (ED) has provisionally attached high-value assets worth over ₹55 crore in an ongoing money-laundering investigation against the Gensol Group
In the past two weeks, the BSE Realty index has slipped 10 per cent, as against a 2.5 per cent decline in the BSE Sensex.
Demand slowdown, buyers getting priced out of affordable housing, reflecting in FY26 numbers
Nomura highlights that developers are on track for a third consecutive quarter of steady sales momentum, driven largely by sustained interest in branded residential offerings.
Best real estate stocks to buy: Emkay Global assigned a 'Buy' rating on Lodha Developers, Sunteck Realty, and Arvind Smartspaces, an 'Add' rating on DLF, and a 'Reduce' rating on Oberoi Realty
Four ultra-luxury apartments at DLF's The Camellias in Gurugram, including two penthouses, registered for over ₹270 crore in September 2025
DLF reported a 15 per cent year-on-year (Y-o-Y) decline in consolidated net profit to ₹1,180.09 crore for the September quarter (Q2FY26), compared with ₹1,381.22 crore in the same period last year.
According to DLF's latest investor presentation, the company achieved sales bookings of ₹15,818 crore from The Dahlias till the September quarter, at an average price of ₹72 crore per apartment.
Realty major DLF Ltd has so far sold 221 super-luxury flats for nearly Rs 16,000 crore in its ultra-luxury housing project 'The Dahlias' in Gurugram on strong demand. 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. According to its latest investor presentation, DLF Ltd has achieved sales bookings worth Rs 15,818 crore till the September quarter in this sought-after housing project. In a conference call with analysts, DLF management informed that 221 units have been sold in 'The Dahlias' project till the September quarter. The average price per apartment comes to around Rs 72 crore. Recently, a Delhi-NCR-based businessman has bought 4 apartments, totalling 35,000 sq ft of super area, for Rs 380 crore in this project. This super luxury project, which was launched after the success of 'The Camellias' at the same location, was instrumental in DLF Ltd's record sales bookings
Real estate giant DLF plans new luxury project launches across Goa, Mumbai and Gurugram, while expecting rental income from its upcoming malls Midtown Plaza, Summit Plaza and DLF Promenade soon
Realty major DLF Ltd's sales bookings more than doubled to Rs 15,757 crore during the first six months of this fiscal year on high demand for its luxury housing projects in Gurugram and Mumbai. According to its latest investors presentation, DLF has reported sales bookings or pre-sales at Rs 15,757 crore during April-September period of this fiscal as against Rs 7,094 crore in the corresponding period of the preceding year. During the 2024-25 financial year, DLF Ltd achieved a record sales bookings of Rs 21,223 crore. The company has given a guidance of achieving sales bookings of Rs 20,000-22,000 crore during the current fiscal year. On Thursday, DLF reported a 15 per cent decline in consolidated net profit at Rs 1,180.09 crore for the second quarter of this fiscal year. Its net profit stood at Rs 1,381.22 crore in the year-ago period. Revenue from operations fell to Rs 1,643.04 crore during the July-September period of this fiscal year from Rs 1,975.02 crore a year ago. Total
According to the company's consolidated balance sheet, this drop could be attributed to rising overall tax expenses.
Sobha stock can potentially rally up to 25% to ₹1,940 levels, hints technical chart; while DLF may gain around 15%. Brigade Enterprises, however, looks weak on the chart.
Real estate stocks fell up to 5% as investors booked profits. A dip in foreign capital inflows and global headwinds also weighed on sector sentiment
Realty major DLF's rental arm DCCDL will utilise Rs 1,100 crore raised through issue of non-convertible debentures (NCDs) to retire costly debt and reduce interest expenses, a senior company official said. DLF Cyber City Developers Ltd (DCCDL), which is a joint venture between DLF and Singapore's sovereign wealth firm GIC, on Tuesday announced raising of Rs 1,100 crore through NCDs. DLF, in a regulatory filing, had said that the securities allotment committee of the Board of DCCDL has approved allotment of 1,10,000 NCDs for an aggregate principal amount of Rs 1,100 crore on a private placement basis to eligible investors. These NCDs have been issued at a coupon rate of 6.91 per cent per annum payable quarterly. When contacted, DLF's Vice Chairman and MD (Rental Business) Sriram Khattar told PTI, "We continuously review our treasury portfolio to lock in better interest costs. The current proceeds are being used primarily to reduce higher cost borrowing." DCCDL's net debt was Rs 17,