DLF to launch 35 million sq ft area with Rs 40k cr medium-term sales

01 Nov 2021 CW Team

The company said that about 8 million sq ft of space would be launched during the second quarter (Q2) of FY22.

The company told the media that around 35 million sq ft of new products are planned in the medium term. These projects are to be launched at established locations with infrastructures.

The company's total sales revenue potential of the 35 million sq ft project is Rs 36,000 to Rs 40,000 crore.

It has already launched a 2 million sq ft project till September this year, out of the total 35 million sq ft in the medium-term.

During the second half (H2) of FY22, the company is targeting to launch a 7.7 million sq ft area of projects.

Its pipeline projects for financial years 2022-23 and 2023-24 is 6.4 million sq ft and 7.2 million sq ft, while the remaining 12.2 million sq ft is to be launched before FY24.

It expects to make Rs 12,000 crore to Rs 15,000 crore from its upcoming project in Moti Nagar in central Delhi.

With its joint venture (JV), DLF is developing an 8 million sq ft project in Delhi, from which a 2 million sq ft project will be launched in March next year.

It will launch a 10 million sq ft area for premium housing with a sales potential of Rs 10,000 crore to Rs 10,500 crore. The company will launch a 9 million sq ft value home in Gurugram, Chennai and Chandigarh with a sales value of Rs 4,500 crore.

DLF and its joint venture partner Hines are developing an office park in Gurugram having a 3 million sq ft area with a sales potential of Rs 6,000 crore to Rs 7,000 crore.

Currently, it has a 215 million sq ft development potential area in the residential and commercial segment, with an annuity portfolio of over 35 million sq ft.

Image Source

Delhi Land and Finance (DLF) Limited, a commercial realty developer, identified a pipeline of its new projects. It will launch a 35 million sq ft area in the medium term with sales of Rs 40,000 crore. The company said that about 8 million sq ft of space would be launched during the second quarter (Q2) of FY22. The company told the media that around 35 million sq ft of new products are planned in the medium term. These projects are to be launched at established locations with infrastructures. The company's total sales revenue potential of the 35 million sq ft project is Rs 36,000 to Rs 40,000 crore. It has already launched a 2 million sq ft project till September this year, out of the total 35 million sq ft in the medium-term. During the second half (H2) of FY22, the company is targeting to launch a 7.7 million sq ft area of projects. Its pipeline projects for financial years 2022-23 and 2023-24 is 6.4 million sq ft and 7.2 million sq ft, while the remaining 12.2 million sq ft is to be launched before FY24. It expects to make Rs 12,000 crore to Rs 15,000 crore from its upcoming project in Moti Nagar in central Delhi. With its joint venture (JV), DLF is developing an 8 million sq ft project in Delhi, from which a 2 million sq ft project will be launched in March next year. It will launch a 10 million sq ft area for premium housing with a sales potential of Rs 10,000 crore to Rs 10,500 crore. The company will launch a 9 million sq ft value home in Gurugram, Chennai and Chandigarh with a sales value of Rs 4,500 crore. DLF and its joint venture partner Hines are developing an office park in Gurugram having a 3 million sq ft area with a sales potential of Rs 6,000 crore to Rs 7,000 crore. Currently, it has a 215 million sq ft development potential area in the residential and commercial segment, with an annuity portfolio of over 35 million sq ft. Image Source

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Technology

18 Sep 2025

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

Infrastructure Urban

18 Sep 2025

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..