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
Infrastructure Urban

Dreamfly Named Among 100 Desi Deeptechs

Dreamfly Innovations has been recognised among the ‘100 Desi Deeptechs’, an initiative by Startup Policy Forum in collaboration with MeitY Startup Hub, Startup India and Indian Institute of Technology Madras. The initiative highlights founders and companies building core technologies critical to India’s long-term growth and self-reliance.The cohort includes startups working across drones and aerospace, defence technology, cleantech, robotics, semiconductors, advanced manufacturing and electric mobility. It aims to bring deeptech founders and policymakers together to strengthen India’s ..

Next Story
Infrastructure Urban

Vedanta Secures AA+ Rating from ICRA

Vedanta Group has received its highest domestic credit rating in over a decade after ICRA upgraded the long-term ratings of Vedanta Limited and Vedanta Aluminium Metal Limited to AA+ with a Stable outlook. Talwandi Sabo Power Limited was also upgraded to AA-/Stable from A+/Watch Developing, while the group’s short-term rating was reaffirmed at A1+.The rating action marks Vedanta’s highest domestic credit rating since 2014. Vedanta Limited and Vedanta Aluminium Metal Limited, two of the largest entities emerging from the demerger, together account for over 75 per cent of the group’s long-..

Next Story
Infrastructure Urban

Netrasemi Launches Edge AI Chip A2000

Fabless semiconductor startup Netrasemi has launched its flagship Edge AI system-on-chip, A2000, after achieving successful silicon bring-up. Fabricated at TSMC’s 12 nm technology node, the chip is designed for on-device AI, smart vision, real-time video analytics and secure edge computing.A2000 features Netrasemi’s in-house Neural Processing Unit, Vision Processing Unit, Image Signal Processor, crypto engines and other hardware acceleration IP cores. It also uses the company’s patented heterogeneous graph-stream parallel processing architecture.The chip targets applications such as smar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->