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DLF achieved its highest quarterly sales booking of ₹9,047 crore, driven by the introduction of three new products. The company witnessed healthy demand momentum and sold out its projects in Gurugram within a record time. The new sales bookings for the nine months stood at ₹13,316 crore.
The company launched three new projects totalling over 5 msf during the quarter across multiple segments. The launches during the quarter were DLF Privana South, Gurugram- a luxury high rise development, Central 67, Gurugram – a shop-cum-offices plotted development and The Valley Orchard, Panchkula-low-rise independent floors.
The DLF Board also approves the sale of DLF Centre to DLF Cyber City Developers for an aggregate consideration of ₹825 crore.
DLF Q3 Results: Total income rose to Rs 1644 crore in October-December of 2023-24 from Rs 1559.66 crore in the year-ago period, according to a regulatory filing.
The companys new sales bookings for the quarter stood at Rs 2,228 crore with its new products and existing inventory continuing to receive strong customer interest.