DLF nears Rs 16,000 crore mark in The Dahlias luxury home sales

Real estate major DLF Ltd has sold 221 super-luxury flats worth nearly Rs 16,000 crore in its ultra-premium project ‘The Dahlias’ at DLF Phase 5 in Gurugram, reflecting continued strong demand for high-end homes.

According to its latest investor presentation, DLF achieved sales bookings of Rs 15,818 crore in ‘The Dahlias’ till the September quarter. The company launched the 17-acre project in October last year, offering 420 apartments and penthouses. The average price per apartment is around Rs 72 crore.

In one of the largest transactions, a Delhi-NCR-based businessman recently purchased four apartments, totalling 35,000 square feet, for Rs 380 crore. The project follows the success of ‘The Camellias’ and has contributed significantly to DLF’s record sales bookings of Rs 21,223 crore in 2024-25.

DLF’s Managing Director, Ashok Kumar Tyagi, had earlier guided annual sales bookings of Rs 20,000–22,000 crore for this fiscal. The company has already recorded pre-sales of Rs 15,757 crore during April–September, compared to Rs 7,094 crore in the same period last year. Tyagi told PTI that with existing inventory in ‘The Dahlias’ and an upcoming launch in Goa, DLF is confident of meeting its annual target.

On the financial front, DLF reported a 15 per cent decline in consolidated net profit to Rs 1,180.09 crore for the second quarter, compared to Rs 1,381.22 crore a year earlier. Revenue from operations fell to Rs 1,643.04 crore from Rs 1,975.02 crore, though total income rose to Rs 2,261.80 crore from Rs 2,180.83 crore due to higher other income.

DLF said the housing market remains strong, driven by a resilient economy, increased home ownership aspirations, and demand for branded developers. “We continue to leverage our high-quality land bank by calibrating our new product offerings to leverage this sustained momentum in line with our guided trajectory,” the company said in a statement.

DLF has developed more than 185 projects covering over 352 million square feet and holds around 280 million square feet of development potential across residential and commercial segments.

(With inputs from agencies)