DLF Ltd plans to launch residential properties with a sales potential of more than ₹58,000 crore over the next two to three years, as the real estate developer looks to capitalise on demand for luxury housing.
In its latest investor presentation, the company said it had launched around 14 million sq ft of the 37 million sq ft planned at the start of the 2024–25 financial year. The projects launched so far have a revenue potential of more than ₹56,000 crore, while around 24 million sq ft remains in its medium-term pipeline, with a sales potential exceeding ₹58,000 crore.
DLF Home Developers Ltd managing director and chief business officer Aakash Ohri said the company was preparing to launch luxury projects in Mumbai and Gurugram in the second half of the current financial year.
During the second quarter, DLF launched The Aureva, a senior-living project spread across 4.17 acres in Gurugram, comprising 172 luxury homes. The company said all units were sold for a total of ₹1,985 crore.
Its super-luxury project, The Dahlias, launched in October 2024 in DLF Phase 5, Gurugram, comprises 420 apartments and penthouses across 17 acres. Around 275 units had been sold by September, Ohri said. In August, a penthouse measuring 17,200 sq ft in super area and 10,500 sq ft in carpet area was sold for ₹271 crore.
DLF reported a 10% year-on-year increase in consolidated net profit to ₹1,301.35 crore in the second quarter, compared with ₹1,180.09 crore in the corresponding period a year earlier. Total income rose to ₹2,297.30 crore from ₹2,261.80 crore.
For the first half of 2026–27, consolidated net profit increased to ₹2,095.25 crore from ₹1,942.76 crore in the year-ago period. Total income, however, declined to ₹3,902.86 crore from ₹5,242.68 crore.
The company recorded property sales bookings of ₹4,457 crore in the first half of the financial year and is targeting bookings of around ₹20,000 crore for 2026–27.
DLF has developed more than 185 real estate projects covering over 352 million sq ft. Its rental portfolio of offices and malls spans around 50 million sq ft, while the group has approximately 275 million sq ft of development potential across residential and commercial segments.