Page 4 - Dlf

DLF to invest ₹5,500 cr to build new luxury housing project in Gurugram

Realty major DLF Ltd will invest around Rs 5,500 crore to develop a luxury housing project in Gurugram, as it seeks to achieve record sales bookings this fiscal on high demand. According to sources, the company will soon launch an 18-acre project 'DLF Privana North' in Sector 76/77 Gurugram, comprising more than 1,150 apartments. The estimated cost to develop this project is around Rs 5,500 crore, they added. This upcoming project is part of its 116-acre township 'DLF Privana'. In this township, the company had last year launched and completely sold out two projects -- 'DLF Privana West' and 'DLF Privana South' -- for around Rs 12,800 crore. In May 2024, DLF sold all 795 apartments for Rs 5,590 crore within three days of the launch of its 12.57-acre project 'Privana West'. Before that, in January 2024, the company had sold 1,113 luxury apartments in Gurugram for Rs 7,200 crore within three days of the launch of its project 'DLF Privana South', which is spread over 25-acre. The ne

DLF secures RERA approval for Privana North project, launch by Q1-end

DLF has received RERA approval for Privana North in Gurugram, the third phase of its Privana series, and may launch it by the end of the first quarter of FY26

Puravankara, Sobha, Brigade, DLF soar up to 10%; What's driving the rally?

At 01:18 PM; Nifty Realty index, led by Puravankara and Sobha, was up 2.2 per cent, as compared to a 0.7 per cent rise in the Nifty50.

DLF Group plans Rs 10,000 cr boost in office, mall projects for 2 years

Realty major DLF will invest Rs 10,000 crore in the current and next fiscal year to build premium office spaces and shopping malls to enhance its rental income, a senior company official said. DLF Group has 45 million square feet of commercial assets, which include 41 million square feet of office and 4 million square feet of retail spaces, with an annual rental income of more than Rs 5,000 crore. "India's Grade A++ commercial real estate has emerged as a global value proposition offering world-class quality at a more efficient cost," DLF Vice Chairman and Managing Director (Rental Business) Sriram Khattar told PTI. To leverage this advantage, DLF Group, which has a huge licensed land bank, is expanding its portfolio of rent-yielding commercial assets in a big way and constructing office and retail complexes in Gurugram, Chennai, Delhi and Noida amid strong demand from corporates and retailers. "Since the post-COVID recovery, DLF has focused on expanding its commercial footprint in

Strong launch portfolio to keep realty giant DLF on the growth track

New additions to the leasing portfolio are also expected to boost rental income from the commercial assets of the company

DLF-GIC joint venture DCCDL reports 11% rise in office rent to ₹3,874 cr

DLF Cyber City Developers Ltd (DCCDL), a joint venture between DLF and GIC, has clocked 11 per cent growth in office rental income to Rs 3,874 crore during the last financial year on better demand for workspaces and rent escalation. The rental income from office space stood at Rs 3,497 crore in the preceding year. DLF holds nearly 67 per cent stake in the JV firm DCCDL while Singapore's sovereign wealth fund GIC has the remaining equity shareholding. According to an investors' presentation of DLF, the DCCDL's rental income from retail real estate properties grew 6 per cent to Rs 880 crore last fiscal year from Rs 828 crore in the 2023-24 financial year. DCCDL has an operational rental portfolio of 43 million sq ft, of which 39 million sq ft area is office space and 4 million sq ft retail real estate. Another 12 million sqft area is under construction. These commercial assets are primarily located in Gurugram, Noida, Chennai, and Hyderabad. DLF holds bulk of its rent-yielding renta

DLF records highest-ever sales in FY25 on super luxury housing boom

Projects like The Dahlias and Privana West fuelled DLF's FY25 sales to a record Rs 21,223 crore, with strong demand from domestic buyers and NRIs

DLF plans to launch housing projects worth Rs 17K cr in FY26 to boost sales

Realty major DLF Ltd plans to launch housing properties worth over Rs 17,000 crore this fiscal year to capitalize on the strong demand for luxury homes. In its latest investors presentation, DLF informed that the company launched 7.5 million square feet area during the last fiscal for sale with an estimated revenue potential of Rs 40,600 crore. Out of this, the company sold 5 million square feet in the last financial year itself for Rs 19,344 crore. At the beginning of the 2024-25 fiscal, DLF Ltd had given a guidance that the company would launch a 37 million square feet area in the medium-term with a total revenue potential of Rs 1,14,500 crore. Out of this, the company said, "About 35 per cent was already launched in FY25; around 15 per cent are planned to be launched in FY26." In the 2024-25 fiscal, DLF launched its super luxury project 'The Dahlias' with a total saleable area of 4.5 million sq ft and sales potential of Rs 35,000 crore. DLF said the company has received encour

DLF jumps 6% on posting healthy Q4 results; PAT up 39% YoY, Rev up 14%

DLF share price gained momentum after the company posted a 39 per cent rise in profit and a 14 per cent increase in revenue

DLF Q4FY25 results: Net profit rises 39% to ₹1,282 crore; revenue up 46%

DLF posts robust Q4FY25 results with 39% rise in profit and 46% growth in revenue, driven by record sales from luxury projects and steady rental performance

Q4 results today: BEL, DLF, Pfizer, Power Grid Corp on May 19; see list

Q4 FY25 company results today: New India Assurance, NLC India, PI Industries, Borosil, Everest Industries and Gujarat Gas will be among 98 firms to post earnings reports for the Jan-Mar quarter

Looking to monetise existing land banks: DLF Home Developers' Aakash Ohri

Ohri said the group would focus on premium and luxury segments but noted that the buyer demographic was also changing

Hotel, realty stocks under pressure, slip up to 7% on Friday; here's why

At 12:40 pm; BSE Realty index, the top loser among sectoral indices, was down 2.7 per cent, as compared to 1.03 per cent decline in the BSE Sensex.

Godrej Properties Q4 profit down 19% at Rs 382 cr; plans to raise Rs 2K cr

Realty firm Godrej Properties on Friday reported a 19 per cent decline in its consolidated net profit to Rs 381.99 crore for the latest March quarter despite higher income and announced plans to raise debt up to Rs 2,000 crore. Its net profit stood at Rs 471.26 crore in the year-ago period. Total income increased to Rs 2,681.06 crore in the fourth quarter of the last fiscal year from Rs 1,914.82 crore in the corresponding period of the preceding year, according to a regulatory filing. During the January-March quarter, the company's tax outgo rose to nearly Rs 190 crore while it incurred a loss of Rs 35.36 crore in some joint ventures. However, Godrej Properties net profit rose 93 per cent to Rs 1,399.89 crore during 2024-25 from Rs 725.27 crore in the preceding fiscal. Total income grew to Rs 6,967.05 crore last fiscal from Rs 4,334.22 crore in the 2023-24 fiscal. The board also approved raising of up to Rs 2,000 crore fund, by issue of Non-Convertible Debentures, Bonds, and/ or

Anmol Jaggi-linked company bought luxe apartment in DLF Magnolias

Anvi Power Investments, a company in which Anmol Jaggi is a director, bought a ₹32 crore apartment at The Magnolias, an uber-luxury project in Gurugram and also of DLF

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

Stocks to Watch Today, April 17: Wipro, Paytm, Hero MotoCorp, Angel One

Stocks to Watch Today, April 17: Wipro, DLF, Paytm, Hero MotoCorp, Angel One are some of the top stocks to watch today

DLF, Sobha: Realty stocks down up to 50% this year; time to buy or wait?

The Nifty Realty index has shed 25% thus far in 2025; technical chart suggests the index can potentially slide another 19% from here on. Check key levels on top 5 realty stocks here.

Oberoi Realty, Sobha: Nifty Realty falls 4%; What's worrying investors?

Oberoi Realty, Godrej Properties, Prestige Estates were down over 3 per cent, Macro Tech Developers, Phoenix Mills, DLF, Sobha, and Brigade Enterprises slipped 2 per cent

DLF, RIL, Zomato, MakeMyTrip: Chris Wood of Jefferies rejigs India exposure

At a broader level, meanwhile, Wood suggested investors sell rallies in the US stocks and increase exposure elsewhere, most particularly Europe, China and emerging market equities in general