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DLF to Launch New Residential Projects in Gurgaon and Mumbai in Q1 FY25

DLF to Launch New Residential Projects

As India’s biggest publicly listed real estate company, DLF is set to launch new residential projects in Mumbai and Gurgaon in the first quarter of this financial year. The company’s projected sales figures for FY25 is sitting comfortably between ₹20,000 to ₹22,000 crore. Managing director Ashok Tyagi shared this information on May 20 and further added that there are multiple plans with major launches in these two cities.

DLF to Launch New Residential Projects
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Sales Momentum in FY25 Go Through The Roof

DLF achieved record sales of ₹21,223 crore in booked sales reaching over 44% growth from the previous fiscal. Additionally, ₹2,035 crore was achieved in the January to March period, translating to a staggering 39% increase year on year for Q4. In FY24, the company reported total consummated bookings of ₹14,778 crore, clearly showing just how much growth was achieved in a single year.

In terms of new projects, the company is planning to execute works with a total estimated budget of ₹17,000 crore for this fiscal.

DLF Important Project Launches Planned

DLF revealed in the investor briefing aired on May 20 that it had launched a space of 7.5 million square feet, which can potentially generate revenue of ₹40,600 crore. Aakash Ohri, Joint MD and Chief Business Officer, stated that the Company is planning to bring out Privana North in Gurgaon as part of its Q1 rollout. A new residential offering is also expected to be unveiled in Mumbai. Moreover, DLF’s ultra-luxury projects, The Dahlias, are expected to launch towards the end of the year, most likely around November-December 2025.

Update on Stock Performance

DLF’s stock, on the other hand, had a slight increase and was trading at ₹758.60 at around quarter till eleven with an increase in 0.68% for the day. In the short term, the stock is seeing a rise, but overall it’s looking at a decline of approximately 11% over the over the course of a year. The past week was a different story, though, with a strong performance overall contributing to a 10% increase in share prices in a matter of days.

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