DLF Targets Rs 17,000 Crore in Sales for FY25, Expands To Mumbai and Goa Markets

DLF, India’s largest real estate firm by market capitalization, is gearing up for growth in FY25. Chairman Rajiv Singh announced plans to achieve a 15% increase in sales bookings, aiming for a staggering Rs.17,000 crore which includes venturing into new territories such as Mumbai and Goa, highlighting the company’s expansion to tap into emerging opportunities.

Residential & Commercial Segments

In recent years, DLF has witnessed good sales momentum, driven by rising demand for luxury properties in the real estate and commercial sectors. The company reported record sales of Rs.15,058 crore in FY23 and maintained momentum with Rs.14,778 crore in FY24. This consistent performance brings out DLF’s strength and consumer trust in the market.

Investments & Developments

Additionally, DLF’s is now investing in capital expenditures across key markets like Gurugram, Chennai, Delhi, and now Goa, crucial for the company’s long-term growth strategy, aimed at strengthening its presence in both residential and commercial real estate sectors in the Indian markets.

Focus on Operations & Governance

DLF further announced that it is focusing on high standards of corporate governance and operational excellence, as reiterated by Singh in the company’s annual report which will not only ensure sustained growth but also enhance stakeholder confidence in DLF’s management.

Vision for the Future

Looking ahead, DLF plans to introduce a diverse range of residential projects in Delhi-NCR while continuing to upgrade and meet evolving market demands. The expansion into Mumbai and Goa reflects DLF’s vision to capitalize on India’s economic recovery and real estate opportunities.

Contributing to India’s Growth Story

With a huge future development potential exceeding 215 million square feet, DLF is set to play a pivotal role in India’s real estate landscape. DLF Group has completed over 158 real estate projects, covering more than 340 million square feet. They have 215 million square feet of potential future development in both residential and commercial sectors. Their annuity portfolio spans over 44 million square feet, generating an annual rental income exceeding Rs.4,000 crore.

Conclusion: In conclusion, DLF aims for a 15% sales increase to Rs.17,000 crore in FY25, expanding into Mumbai and Goa. With a future development potential of 215 million square feet and an annual rental income exceeding Rs.4,000 crore, DLF continues to dominate in India’s real estate market.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.