DLF Initiates Ambitious ₹30,000 Crore Project Launches for FY25

DLF Initiates Ambitious ₹30,000 Crore Project Launches for FY25

DLF, headquartered in Gurugram, is set to go on an impressive journey in the fiscal year 2025, with plans to roll out projects worth a staggering ₹30,000 crore across various cities including Goa, Gurugram, Chandigarh, and Mumbai.

In a recent interview with CNBC-TV18, Ashok Kumar Tyagi, MD of DLF, expressed optimism about surpassing the sales volume achieved in FY24.

Expansive Ventures Across Multiple Cities

Mr. Tyagi shed light on the diverse projects in the pipeline, emphasizing the company’s commitment to innovation and expansion. “We anticipate the launch of luxury villas in Goa, alongside significant launches in the Chandigarh Tricity and Mumbai, potentially in Q2,” he revealed. The cumulative launch pipeline for the upcoming year exceeds ₹30,000 crore, underlining DLF’s ambitious growth trajectory.

Pushing Boundaries  of Gurugram Real Estate

DLF is poised to introduce two noteworthy projects in Gurugram, building upon its previous successes. These include a follow-up to the Privana launch in Q3 and a high-end luxury project along the Golf Course Road.

Strategic Land Acquisition

In a strategic move, DLF acquired a 29-acre land parcel in Gurugram’s Golf Course Extension area for ₹825 crore in January. This significant addition to their portfolio aims to unlock a development potential of up to 7.5 million square feet.

Strong Commercial Portfolio

Mr. Tyagi provided insights into DLF’s commercial endeavors, highlighting robust pre-leasing activities across various locations. With projects underway in Gurugram Downtown, Chennai, and in collaboration with Hines, DLF continues to strengthen its commercial footprint.

Adapting to Market Dynamics

Acknowledging market shifts, Mr. Tyagi noted the increasing preference for Global Captives Centers (GCC) among tenants, shaping the demand for office spaces.

Financial Performance Highlights

DLF’s financial performance remains robust, with a 26.6% increase in consolidated net profit to ₹655.7 crore in the December quarter. Standalone net profit surged by 57% to ₹463.6 crore during the same period, reflecting the company’s resilience and strategic agility.

Market Insights

DLF’s market capitalization stands at approximately ₹2,27,085.10 crore, with shares witnessing an impressive 162% gain over the past year, underscoring investor confidence and market sentiment.

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