DLF Plans ₹20,000 Crore Luxury Housing Launch in FY27 Across Major Cities
DLF bets big on luxury housing with ₹20,000 crore FY27 launch pipeline in Gurugram, Goa and Mumbai
Hindustan Times
Image: Hindustan Times
DLF, a leading real estate developer in India, announced plans to launch luxury housing projects in Gurugram, Mumbai, and Goa, targeting a revenue potential of ₹20,000 crore by FY27. The company expects strong sales driven by its successful project, The Dahlias, which has already generated significant revenue and price appreciation.
- 01DLF plans to launch luxury projects in Gurugram, Mumbai, and Goa with a revenue target of ₹20,000 crore by FY27.
- 02The Dahlias project in Gurugram has recorded sales of ₹18,569 crore in 18 months, with prices increasing significantly.
- 03Sales bookings for FY27 are expected to reach around ₹20,000 crore, with new launches contributing ₹14,000–15,000 crore.
- 04Non-resident Indians (NRIs) accounted for nearly 15% of The Dahlias' total sales.
- 05DLF emphasizes maintaining sales momentum while focusing on margins and timely project delivery.
Advertisement
In-Article Ad
DLF, a prominent real estate developer in India, announced on May 14, 2023, that it aims to launch several luxury housing projects in Gurugram, Mumbai, and Goa by FY27, with a combined revenue potential of approximately ₹20,000 crore. The company's Managing Director Aakash Ohri highlighted the upcoming ultra-luxury villa project in Reis Magos, Goa, and the Hamilton 2 project in Gurugram's DLF City, along with Phase 2 of the Westpark project in Andheri West, Mumbai.
A significant contributor to DLF's sales has been The Dahlias project in Gurugram, which has achieved sales bookings of ₹18,569 crore within just 18 months, with nearly 60% of its inventory sold and prices soaring from around ₹60 crore to nearly ₹135 crore per apartment. DLF's overall sales bookings for FY26 saw a slight decline of 5%, totaling ₹20,143 crore, yet The Dahlias alone generated ₹4,828 crore in FY26.
Looking ahead, DLF anticipates strong sales for FY27, projecting total bookings of around ₹20,000 crore, primarily driven by new launches and continued demand for The Dahlias. The project has attracted significant interest from non-resident Indians, accounting for nearly 15% of total sales. DLF management is also focused on maintaining sales momentum while prioritizing margins and timely project execution.
Advertisement
In-Article Ad
The launch of these luxury housing projects is expected to boost the local real estate market, creating job opportunities and increasing property values in the respective areas.
Advertisement
In-Article Ad
Reader Poll
Do you think investing in luxury housing is a good opportunity in the current market?
Connecting to poll...
Read the original article
Visit the source for the complete story.



