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Time of India
09-08-2025
- Business
- Time of India
DLF to invest ₹23,500 crore to complete ongoing housing projects in NCR, Mumbai
NEW DELHI: India's biggest realty firm DLF Ltd will invest Rs 23,500 crore to complete its residential projects that have already been launched across Delhi-NCR and Mumbai . According to an investor's presentation, the "total pending cost" to complete all launched projects is estimated at Rs 23,500 crore. To meet its pending construction spend, DLF mentioned that the company has a cash balance of Rs 10,429 crore, of which Rs 7,782 crore is parked in the escrow account of the Real Estate Regulatory Authority (RERA). That apart, the company has receivables of Rs 37,220 crore from its customers against residential properties sold to them. In a recent conference call with market analysts, DLF Group Chief Financial Officer (CFO) informed that the company invested around Rs 750 crore in construction during the first quarter of this year. He said the number would go up slightly in the coming quarters. Post-COVID pandemic, DLF has launched many residential projects in Delhi-NCR, Mumbai and the tri-city of Chandigarh . During the current July-September quarter, DLF Ltd and Trident Realty launched a housing project comprising 416 flats in Mumbai and also sold all units for around Rs 2,300 crore. In the first quarter, the company launched and sold all 1,164 luxury apartments for about Rs 11,000 crore in its new housing project 'DLF Privana North' in Gurugram. This project is part of its 116-acre township. Last year, DLF had in this township launched and completely sold out two projects -- 'DLF Privana West' and 'DLF Privana South' -- for around Rs 12,800 crore. These new launches have helped DLF in achieving record sales bookings during the last fiscal year, and the company is targeting to repeat its performance. DLF's sales bookings stood at a record Rs 21,223 crore in the last fiscal as against Rs 14,778 crore in the 2023-24. During the 2022-23 fiscal, the company's sales bookings stood at Rs 15,058 crore. For the current financial year, DLF has given a sales bookings guidance of Rs 20,000-22,000 crore, and it has already sold properties worth Rs 11,425 crore in the first quarter of this fiscal. DLF Group is primarily engaged in the business of the sale of residential properties (development business) and leasing of commercial and retail properties (annuity business). The Group has developed more than 185 real estate projects comprising a total area of more than 352 million sq ft. It also has an annuity portfolio of 46 million sq ft. DLF has 280 million sq ft of development potential across the residential and commercial segments, including current projects under execution and the identified pipeline.
Hindustan Times
08-08-2025
- Business
- Hindustan Times
DLF to invest ₹23,500 cr to complete ongoing housing projects in NCR, Mumbai
New Delhi, Aug 8 (PTI) India's biggest realty firm DLF Ltd will invest ₹23,500 crore to complete its residential projects that have already been launched across Delhi-NCR and Mumbai. DLF Ltd will invest ₹ 23,500 crore to complete its residential projects that have already been launched across Delhi-NCR and Mumbai. (Representational photo)(HT Photo) According to an investor's presentation, the "total pending cost" to complete all launched projects is estimated at ₹23,500 crore. To meet its pending construction spend, DLF mentioned that the company has a cash balance of ₹10,429 crore, of which ₹7,782 crore is parked in the escrow account of the Real Estate Regulatory Authority (RERA). That apart, the company has receivables of ₹37,220 crore from its customers against residential properties sold to them. In a recent conference call with market analysts, DLF Group Chief Financial Officer (CFO) informed that the company invested around ₹750 crore in construction during the first quarter of this year. He said the number would go up slightly in the coming quarters. Post-COVID pandemic, DLF has launched many residential projects in Delhi-NCR, Mumbai and the tri-city of Chandigarh. During the current July-September quarter, DLF Ltd and Trident Realty launched a housing project comprising 416 flats in Mumbai and also sold all units for around ₹2,300 crore. In the first quarter, the company launched and sold all 1,164 luxury apartments for about ₹11,000 crore in its new housing project 'DLF Privana North' in Gurugram. This project is part of its 116-acre township. Last year, DLF had in this township launched and completely sold out two projects -- 'DLF Privana West' and 'DLF Privana South' -- for around ₹12,800 crore. These new launches have helped DLF in achieving record sales bookings during the last fiscal year, and the company is targeting to repeat its performance. DLF's sales bookings stood at a record ₹21,223 crore in the last fiscal as against ₹14,778 crore in the 2023-24. During the 2022-23 fiscal, the company's sales bookings stood at ₹15,058 crore. For the current financial year, DLF has given a sales bookings guidance of ₹20,000-22,000 crore, and it has already sold properties worth ₹11,425 crore in the first quarter of this fiscal. DLF Group is primarily engaged in the business of the sale of residential properties (development business) and leasing of commercial and retail properties (annuity business). The Group has developed more than 185 real estate projects comprising a total area of more than 352 million sq ft. It also has an annuity portfolio of 46 million sq ft. DLF has 280 million sq ft of development potential across the residential and commercial segments, including current projects under execution and the identified pipeline.
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Business Standard
08-08-2025
- Business
- Business Standard
DLF to invest ₹23,500 cr in ongoing housing projects in NCR, Mumbai
India's biggest realty firm DLF Ltd will invest Rs 23,500 crore to complete its residential projects that have already been launched across Delhi-NCR and Mumbai. According to an investor's presentation, the "total pending cost" to complete all launched projects is estimated at Rs 23,500 crore. To meet its pending construction spend, DLF mentioned that the company has a cash balance of Rs 10,429 crore, of which Rs 7,782 crore is parked in the escrow account of the Real Estate Regulatory Authority (RERA). That apart, the company has receivables of Rs 37,220 crore from its customers against residential properties sold to them. In a recent conference call with market analysts, DLF Group Chief Financial Officer (CFO) informed that the company invested around Rs 750 crore in construction during the first quarter of this year. He said the number would go up slightly in the coming quarters. Post-Covid pandemic, DLF has launched many residential projects in Delhi-NCR, Mumbai and the tri-city of Chandigarh. During the current July-September quarter, DLF Ltd and Trident Realty launched a housing project comprising 416 flats in Mumbai and also sold all units for around Rs 2,300 crore. In the first quarter, the company launched and sold all 1,164 luxury apartments for about Rs 11,000 crore in its new housing project 'DLF Privana North' in Gurugram. This project is part of its 116-acre township. Last year, DLF had in this township launched and completely sold out two projects -- 'DLF Privana West' and 'DLF Privana South' -- for around Rs 12,800 crore. These new launches have helped DLF in achieving record sales bookings during the last fiscal year, and the company is targeting to repeat its performance. DLF's sales bookings stood at a record Rs 21,223 crore in the last fiscal as against Rs 14,778 crore in the 2023-24. During the 2022-23 fiscal, the company's sales bookings stood at Rs 15,058 crore. For the current financial year, DLF has given a sales bookings guidance of Rs 20,000-22,000 crore, and it has already sold properties worth Rs 11,425 crore in the first quarter of this fiscal. DLF Group is primarily engaged in the business of the sale of residential properties (development business) and leasing of commercial and retail properties (annuity business). The Group has developed more than 185 real estate projects comprising a total area of more than 352 million sq ft. It also has an annuity portfolio of 46 million sq ft. DLF has 280 million sq ft of development potential across the residential and commercial segments, including current projects under execution and the identified pipeline. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
News18
08-08-2025
- Business
- News18
DLF to invest Rs 23,500 cr to complete ongoing housing projects in NCR, Mumbai
New Delhi, Aug 8 (PTI) India's biggest realty firm DLF Ltd will invest Rs 23,500 crore to complete its residential projects that have already been launched across Delhi-NCR and Mumbai. According to an investor's presentation, the 'total pending cost" to complete all launched projects is estimated at Rs 23,500 crore. To meet its pending construction spend, DLF mentioned that the company has a cash balance of Rs 10,429 crore, of which Rs 7,782 crore is parked in the escrow account of the Real Estate Regulatory Authority (RERA). That apart, the company has receivables of Rs 37,220 crore from its customers against residential properties sold to them. In a recent conference call with market analysts, DLF Group Chief Financial Officer (CFO) informed that the company invested around Rs 750 crore in construction during the first quarter of this year. He said the number would go up slightly in the coming quarters. Post-COVID pandemic, DLF has launched many residential projects in Delhi-NCR, Mumbai and the tri-city of Chandigarh. During the current July-September quarter, DLF Ltd and Trident Realty launched a housing project comprising 416 flats in Mumbai and also sold all units for around Rs 2,300 crore. In the first quarter, the company launched and sold all 1,164 luxury apartments for about Rs 11,000 crore in its new housing project 'DLF Privana North' in Gurugram. This project is part of its 116-acre township. Last year, DLF had in this township launched and completely sold out two projects — 'DLF Privana West' and 'DLF Privana South' — for around Rs 12,800 crore. These new launches have helped DLF in achieving record sales bookings during the last fiscal year, and the company is targeting to repeat its performance. DLF's sales bookings stood at a record Rs 21,223 crore in the last fiscal as against Rs 14,778 crore in the 2023-24. During the 2022-23 fiscal, the company's sales bookings stood at Rs 15,058 crore. For the current financial year, DLF has given a sales bookings guidance of Rs 20,000-22,000 crore, and it has already sold properties worth Rs 11,425 crore in the first quarter of this fiscal. DLF Group is primarily engaged in the business of the sale of residential properties (development business) and leasing of commercial and retail properties (annuity business). The Group has developed more than 185 real estate projects comprising a total area of more than 352 million sq ft. It also has an annuity portfolio of 46 million sq ft. DLF has 280 million sq ft of development potential across the residential and commercial segments, including current projects under execution and the identified pipeline. PTI MJH MJH DR DR view comments First Published: August 08, 2025, 13:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
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Business Standard
13-07-2025
- Business
- Business Standard
DLF achieved record sales collections in FY25; uptick in bookings: Chairman
Real estate major DLF Limited achieved record sales collections in the financial year 2024-25 (FY25) and also noted a significant uptick in new sales bookings, the company's Chairman Rajiv Singh wrote in the annual report. 'We continue to invest in capex for our new build-outs in Gurugram, Chennai, Delhi, and Goa,' Singh stated. In addition to expanding its residential footprint, DLF is strengthening its position in the commercial and retail segments. 'I am pleased to share that new buildings in Phase I of Downtown Gurugram and Chennai have been completed. Additionally, three retail properties will be opened to the public shortly,' Singh said. "Our new residential projects, The Dahlias and Privana, received an enthusiastic response," the Chairman added. DLF's luxury residential project, The Dahlias in DLF 5, Gurugram, recorded new bookings worth ₹13,744 crore. Riding the demand surge in luxury housing, DLF plans to launch residential projects worth over ₹17,000 crore in FY26. During FY25, the company launched 7.5 million sq ft of saleable area, carrying a revenue potential of ₹40,600 crore. DLF Privana West in Sector 76/77, Gurugram, was fully sold out within days of launch, fetching a sales value of ₹5,600 crore. The company has also lined up a development pipeline of approximately 2.60 million square metres (msm) in office and retail spaces for the medium term. The company's rental business—encompassing offices, retail, and hospitality—continued to show steady growth. The rental business operated at a robust occupancy level of 94 per cent in FY25. DLF expects its rental revenues to exceed ₹10,000 crore over this period. Total new sales bookings for the year stood at ₹21,223 crore. "As we pursue growth, we continue to remain guided by our core values of good corporate governance, transparency, compliance, safety, quality, and customer satisfaction," Singh assured the shareholders. Financial and Operational Performance DLF reported consolidated revenue of ₹8,996 crore in FY25, including other income, marking a 29 per cent year-on-year increase. Consolidated Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) rose 17 per cent year on year to ₹3,111 crore.
