DLF, a major real estate developer, is set to launch residential projects with an estimated sales potential of Rs 73,900 crore in the medium term, according to its corporate presentation. These projects span 29 million sq. ft. (msf) across premium, luxury, and super luxury segments.
The luxury segment dominates with 26 msf, contributing to Rs 68,400 crore in potential sales. DLF’s upcoming launches include 2.3 msf of ultra-luxury housing and 1 msf of premium housing. Additionally, DLF will invest Rs 20,000 crore to complete 7.5 msf of previously launched residential projects. The company anticipates generating around Rs 50,000 crore in surplus cash from both ongoing and future developments.
DLF’s strong land bank is expected to support sustainable growth for the next 20 years. It remains a leader in the residential development business while actively growing its annuity business through leasing commercial properties.
For its commercial real estate expansion, DLF plans an additional Rs 20,000 crore investment to develop 21 msf of office space and eight msf of retail space. These commercial developments will be undertaken by DLF, DLF Cyber City Developers (DCCDL)—a joint venture with Singapore’s GIC—and its U.S.-based joint venture with Hines, Atrium Place.
In its Q3 FY25 investor presentation, DLF revealed that DCCDL has initiated construction of 5.5 msf of Grade A-plus office space at DLF Downtown, Gurugram, alongside the 2 msf Mall of India in Gurugram.