DLF Sells 221 Luxury Flats Worth Rs 160 Billion
Real Estate

DLF Sells 221 Luxury Flats Worth Rs 160 Billion

Real estate major DLF Ltd has sold 221 super-luxury apartments worth nearly Rs 160 billion in its premium housing project, The Dahlias, in Gurugram, reflecting strong demand in India’s high-end residential segment.

Launched in October 2024, the 17-acre project located in DLF Phase 5 comprises 420 ultra-luxury apartments and penthouses. According to the company’s latest investor presentation, sales bookings in The Dahlias touched Rs 158.18 billion by the September quarter of FY26.

In a conference call with analysts, DLF’s management confirmed that 221 units have been sold so far, with each apartment averaging around Rs 720 million. Recently, a Delhi-NCR-based businessman purchased four apartments totalling 35,000 sq ft of super area for Rs 3.8 billion.

The Dahlias follows the success of DLF’s previous ultra-luxury project, The Camellias, and has played a major role in the company achieving record sales bookings of Rs 212.23 billion in FY 2024–25.

Earlier this year, Managing Director Ashok Kumar Tyagi guided for annual pre-sales of Rs 200–220 billion for FY 2025–26. During April–September 2025, DLF already recorded pre-sales of Rs 157.57 billion — more than double the Rs 70.94 billion achieved in the same period last year.

Tyagi said that with strong residual demand in The Dahlias and an upcoming project launch in Goa, DLF is confident of meeting its annual pre-sales target for the year.

On the financial front, DLF reported a consolidated net profit of Rs 11.80 billion for Q2 FY26, down 15 per cent from Rs 13.81 billion in the same quarter last year. Revenue from operations stood at Rs 16.43 billion, compared with Rs 19.75 billion in the year-ago period. However, total income rose slightly to Rs 22.62 billion from Rs 21.81 billion, supported by higher other income.

As India’s largest listed real estate developer by market capitalisation, DLF said that the housing market continues to be buoyed by a strong economy, growing home ownership aspirations, and rising trust in established brands.

“We continue to leverage our high-quality land bank by calibrating new product offerings in line with sustained market momentum,” the company stated after releasing its September-quarter results.

DLF has delivered over 185 projects spanning more than 352 million square feet of developed area. The group also holds approximately 280 million square feet of development potential across residential, commercial, and retail segments.

Real estate major DLF Ltd has sold 221 super-luxury apartments worth nearly Rs 160 billion in its premium housing project, The Dahlias, in Gurugram, reflecting strong demand in India’s high-end residential segment. Launched in October 2024, the 17-acre project located in DLF Phase 5 comprises 420 ultra-luxury apartments and penthouses. According to the company’s latest investor presentation, sales bookings in The Dahlias touched Rs 158.18 billion by the September quarter of FY26. In a conference call with analysts, DLF’s management confirmed that 221 units have been sold so far, with each apartment averaging around Rs 720 million. Recently, a Delhi-NCR-based businessman purchased four apartments totalling 35,000 sq ft of super area for Rs 3.8 billion. The Dahlias follows the success of DLF’s previous ultra-luxury project, The Camellias, and has played a major role in the company achieving record sales bookings of Rs 212.23 billion in FY 2024–25. Earlier this year, Managing Director Ashok Kumar Tyagi guided for annual pre-sales of Rs 200–220 billion for FY 2025–26. During April–September 2025, DLF already recorded pre-sales of Rs 157.57 billion — more than double the Rs 70.94 billion achieved in the same period last year. Tyagi said that with strong residual demand in The Dahlias and an upcoming project launch in Goa, DLF is confident of meeting its annual pre-sales target for the year. On the financial front, DLF reported a consolidated net profit of Rs 11.80 billion for Q2 FY26, down 15 per cent from Rs 13.81 billion in the same quarter last year. Revenue from operations stood at Rs 16.43 billion, compared with Rs 19.75 billion in the year-ago period. However, total income rose slightly to Rs 22.62 billion from Rs 21.81 billion, supported by higher other income. As India’s largest listed real estate developer by market capitalisation, DLF said that the housing market continues to be buoyed by a strong economy, growing home ownership aspirations, and rising trust in established brands. “We continue to leverage our high-quality land bank by calibrating new product offerings in line with sustained market momentum,” the company stated after releasing its September-quarter results. DLF has delivered over 185 projects spanning more than 352 million square feet of developed area. The group also holds approximately 280 million square feet of development potential across residential, commercial, and retail segments.

Next Story
Real Estate

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..

Next Story
Infrastructure Urban

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Next Story
Infrastructure Urban

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement