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

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement