10 months ago
DLF Sells ₹16,000 Crore Worth of Luxury Flats in Gurugram Project
A big real estate company called DLF is selling very fancy apartments in a project named 'The Dahlias' in Gurugram.
They have already sold more than half of the apartments, making almost ₹16,000 crore.
The average price for one of these special homes is about ₹72 crore.
This project is doing really well because people want to buy homes from trusted builders, especially in a strong economy.
DLF is also expecting to meet its yearly sales goals with this project and other upcoming ones.
Even though they sold many fancy homes, the company's profit went down a bit this year compared to last year.
DLF Ltd has sold 221 super-luxury flats for approximately ₹16,000 crore in its 'The Dahlias' project in Gurugram.
The project, launched in October last year, comprises 420 apartments and penthouses on a 17-acre land parcel.
Sales bookings for 'The Dahlias' project reached ₹15,818 crore by the September quarter, with an average apartment price of around ₹72 crore.
DLF has achieved significant sales bookings in the first half of the fiscal year, indicating confidence in meeting its annual guidance.
The company noted that the housing sector benefits from a resilient economy and the growing demand for branded developers.
- Who
- DLF Ltd, a major real estate developer
- What
- Sold 221 super-luxury flats totaling nearly ₹16,000 crore in its 'The Dahlias' project
- Where
- Gurugram, India
- When
- By the September quarter
- Why
- Strong demand for ultra-luxury housing from credible developers in a resilient economy.
Key facts
- Project Name
- The Dahlias
- Location
- Gurugram, DLF Phase 5
- Total Apartments
- 420
- Apartments Sold
- 221
- Total Sales Bookings
- ₹15,818 crore
- Average Price Per Apartment
- ₹72 crore
Quotes
DLF
The company, a real estate firm
“We continue to leverage our high-quality land bank by calibrating our new product offerings to leverage this sustained momentum in line with our guided trajectory.”
thehindubusinessline.com
