DLF Ltd aiming for sales of Rs 2,000-2,500 crore every quarter

DLF Ltd Targets Rs 2,000-2,500 Revenue

DLF Ltd is aiming for sales of Rs 2,000-2,500 crore every quarter in the current financial year, with launches set in Panchkula, Gurgaon, and Goa said a senior official. The real estate developer has already recorded sales of Rs 3,000 crore from low-rise separate floors. Now, the developer is placing their bets on luxury sales and aiming to record about Rs 2,500 crore from reduced developments in Panchkula and Gurgaon in the state of Haryana.

“Consumers in today's market are yearning for larger homes and are willing to pay a higher price for them. Nobody wants the property that is of lower quality or smaller size, and keeping this fact in mind, we have scheduled launches in a variety of geographic areas,” said Aakash Ohri, chief business officer, DLF Ltd.

In the medium term, the firm intends to release 7.6 million square feet of a new property, out of a total of 35 million square feet of new products, which have a revenue potential of Rs 47,000 crore. These new residential properties in Gurgaon would be released in 2022–2023. It is expected that about half of it will be in the high luxury market. Panchkula's 175-acre The Valley Gardens land will become home to DLF NSE 0.88%'s construction of 424 luxury condos.

“We have a healthy amount of business in the pipeline for both this and the following quarter. The property at Valley Gardens is a cutting-edge development, the likes of which have never been offered in this region before,” said Ohri.

He stated that there is a significant amount of pent-up demand due to the pandemic of Covid-19.

“Buyers in the Delhi-National Capital Region have shown an incredible amount of interest in low-rise independent floors over the course of the past two years (National Capital Region). Add to that the fact that The Valley Gardens is located in the foothills of the Shivalik range, in a verdant valley that provides fresh and pure air, something that is difficult to get in most major metropolitan areas,” said Ohri.

Residential demand continued to demonstrate continuous strength, which contributed to DLF Ltd reporting a net profit of Rs 469.99 crore for the April-June quarter. Additionally, the high demand for luxury houses has been an important trend that is anticipated to continue.The residential company recorded bookings totaling 2,040 crore rupees, which represents an increase of 101% year over year.

Some DLF Projects Given Below:

“As an increasing number of people looking to relocate to a more desirable area, we have noticed that property values in The Valley have practically doubled. A lot of people from other states like Chandigarh, Punjab, Delhi-NCR, and even Himachal Pradesh are interested in purchasing real estate in Panchkula.,” said Ohri.

According to him, DLF is no longer reliant on NCR for residential development.

“Our presence across the entirety of India is growing, and we currently have a robust pipeline in every region of the country. Every launch has the potential to make over one thousand crore rupees. Our preparation is organized, and our strategy is based on practical considerations.,” said Ohri.

DLF Project In Gurgaon & Delhi NCR

DLF The Crest

Developer DLF (DLF) extends a joyful welcome to DLF The Crest, a stunning new development in DLF Phase 5 Sector 54 in Gurgaon. Stay in a posh gated neighborhood where security is taken seriously, and enjoy the seclusion it affords you. The penthouses are the most luxurious and spacious units available. More than 150 families have already moved since the sequential transfers were put into place and the project was completed. There are six apartment towers at DLF The Crest, which look out over the verdant gardens like a seaside resort. You should check out the ultra-luxurious, ready to move in 4 BHK homes in The Crest DLF Phase 5 on Golf Course Road.

DLF The Crest Highlights

4 BHK Luxury Apartments & Penthouses - Now Available.
More than 30,000 people call DLF Crest place home, and it's a thriving, international metropolis.
In DLF The Crest there are a total of six breathtaking skyscrapers in the complex, all of which were designed by Hafeez Contractor.
The DLF Golf & Country Club features two championship courses within easy driving distance.
Interior design for the lobbies and clubhouse at DLF Crest was completed by Richmond International.
Location of numerous multi-national enterprises as well as excellent restaurants and retail districts.
Seamless connectivity is defined by a quick metro network and an expressway with 16 lanes. A 14 MLD sewage treatment plant is planned for the future.
In DLF The Crest lobbies with climate control Rapid ascent lifts The total height from floor to ceiling is 3.20 meters.

DLF Magnolias

DLF Magnolias, a prestigious real estate firm based in Gurgaon, has created an ultra luxurious housing complex called DLF The Magnolias at a reasonable price. It occupies an area of around 22 acres. In this development, you may buy a flat with 5 bedrooms and 5 bathrooms The property size ranges from 6500 square feet to 10400 square feet, and the price per square foot varies depending on the layout. With its central location in DLF Phase 5 and its proximity to key thoroughfares like Golf Course Road, the Project is easily accessible. In total, there are 5 towers with 25 floors which contain 589 apartments in the Development. The project is at a point of readiness where action can be taken.

DLF Magnolias Features

DLF Magnolias in the master bedroom has a floor covered in stone inlay made of imported marble, with skirting and facia that are painted to match.
Areas of Usefulness where your doors with a painted hardwood frame and flush shutters that have aluminum hardware are included.
Family Lounge with acrylic emulsion paint applied to plaster-of-paris surfaces on the walls.
Living & Dining Room got the aqueous emulsion used to paint the false ceiling, which featured recessed coves and cornices.

DLF The Camellias

DLF's latest addition to its collection of ultra-luxury properties, DLF The Camellias, is a residential development. In this respect, it is similar to the historic mansions known as The Aralias and The Magnolias. As an industry leader, these ultra-luxury condos have consistently raised the bar when it comes to providing residents with premium features, stunning scenery, and attentive care. DLF's finest practices from its other successful projects in India have been incorporated into DLF The Camellias to create a residential community unlike any other in India.

DLF The Camellias located in one of India's most wealthy regions near Golf Course Road Gurgaon, DLF Camellias in Sector 42 is a landmark residential neighborhood by a renowned DLF Developer. There are 429 ready-to-move-into homes available at DLF Camellias in Sector 42, Gurgaon. These homes come in 4 BHK, 5 BHK, and 6 BHK floor plans, each with luxurious interiors and modern fixtures. Each and every unit has been meticulously planned and exudes positive energy and anticipation.

DLF The Camellias Amenities

Every minute of childhood should be enjoyed, and with this in mind, DLF The Camellias has provided a designated play area stocked with exciting toys like marine saws, slides, and more.
Playing sports like tennis, badminton, table tennis, squash, and more will help you maintain a healthy and fit body.
Since it is important to give your mind and body a break from the stress of daily life, it is good to know that a dedicated yoga and meditation center is available for just that purpose.
Given that this DLF The Camellias features snooker, pool, and billiards rooms, it's clear that indoor games are just as important to our daily lives as their outside counterparts.
The Kids Crèche at Camellias, staffed by caring professionals, eliminates a major source of stress for working parents: worrying about the safety of their young children.
Swimming in the pool is a luxury amenity provided for your enjoyment and relaxation.
You may easily concentrate on fitness because In DLF The Camellias there is a top-notch gym with all the latest equipment and a qualified trainer on hand.