DLF Ltd, India's largest real‑estate developer by market capitalisation, unveiled a plan to roll out 24 million square feet of luxury residential projects in Delhi‑NCR and Mumbai, setting a sales‑potential target of ₹58 000 crore over the next three years.
The company has already delivered 14 million square feet of luxury homes with a sales potential exceeding ₹56 000 crore, according to its latest investor presentation. Among the newest offerings is The Dahlias, a 17‑acre project in Gurugram’s Phase 5 that launched in October 2024. It houses 420 apartments and penthouses; 275 units were sold by September, and a 17,200‑sq‑ft penthouse fetched ₹271 crore in August. The Aureva, a senior‑living development spanning 4.17 acres and comprising 172 units, generated ₹1,985 crore in sales in the second quarter of the current financial year.
Financially, DLF booked ₹4,457 crore in property sales during the first half of the current fiscal year, and it is targeting ₹20,000 crore in bookings for FY 2026‑27. The firm posted a 10% year‑on‑year increase in consolidated net profit, reaching ₹1,301 crore for the July‑September quarter, while total income rose to ₹2,297 crore. For the first half of FY 2027, net profit climbed to ₹2,095 crore from ₹1,943 crore a year earlier, even as total income dipped to ₹3,902 crore from ₹5,243 crore.
Aakash Ohri, DLF Home Developers’ managing director and chief business officer, told analysts that the company will launch its next wave of luxury projects in Gurugram and Mumbai in the second half of the current financial year. The announcement comes as demand for high‑end residences remains robust, and investors are watching DLF’s aggressive expansion plan closely. The firm’s next steps will see it pushing forward its sales calendar, with a focus on securing the ₹20 000 crore booking target by FY 2026‑27.