DLF’s gross sales bookings rise 9 % to Rs 2,228 crore in September quarter

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DLF’s gross sales bookings rise 9 % to Rs 2,228 crore in September quarter



NEW DELHI: Realty main DLF has achieved a 9 per cent development in gross sales bookings to Rs 2,228 crore throughout the second quarter of this fiscal primarily on higher demand for its luxurious housing undertaking. In accordance with its traders’ presentation, DLF clocked gross sales bookings of Rs 2,228 crore throughout the July-September interval of this fiscal from Rs 2,052 crore within the year-ago interval.
DLF offered 14 items at its super-luxury housing undertaking ‘The Camellias’ for Rs 720 crore throughout the second quarter of this fiscal. The corporate offered business items value Rs 160 crore.
In a press release, DLF stated, “Our new merchandise and present stock proceed to evince sturdy buyer curiosity. Our tremendous luxurious providing – The Camellias in DLF 5, Gurugram, noticed wholesome demand throughout the second quarter and continues to set new benchmarks vindicating sturdy demand for top of the range residential merchandise backed by a powerful model”.
DLF stated it continues to see sustained demand momentum throughout all segments and therefore retains a optimistic outlook on the housing cycle.
“Our new product launches which were deliberate for the second half of the fiscal stay on observe and we stay dedicated to bringing calibrated provide throughout our key markets and leverage this development cycle,” the corporate stated.
On Monday, DLF reported a 31 per cent rise in consolidated web revenue to Rs 622.78 crore for the second quarter of this fiscal yr on larger income. Its web revenue stood at Rs 477.04 crore within the year-ago interval.
Whole revenue elevated to Rs 1,476.42 crore over Rs 1,360.30 crore within the corresponding interval of the earlier yr.
Throughout the April-September interval of this fiscal, DLF’s web revenue rose to Rs 1,149.78 crore from Rs 946.61 crore within the year-ago interval.
Whole revenue grew to Rs 2,998.13 crore within the first six months of this fiscal from Rs 2,876.78 crore within the corresponding interval of the earlier yr.
DLF has developed greater than 158 actual property initiatives and an space in extra of 340 million sq. ft.
It has about 215 million sq. ft of improvement potential throughout residential and business segments.
The group has an annuity portfolio of over 42 million sq. ft. Its rental belongings are parked into DLF Cyber Metropolis Builders Ltd (DCCDL), a three way partnership with Singapore sovereign wealth agency GIC.