Tuesday, May 20, 2025

Creating liberating content

A Waymo self-driving car, seen with a driver, stops at

NEW DELHI: Intelligence Bureau (IB) director Tapan Kumar Deka was

Palo Alto Networks signage displays on the screen at the

Related News

A Waymo self-driving car, seen with a driver, stops at a red light outside the U.S. Capitol in Washington, D.C., on Friday, March 31, 2025. Bill Clark | CQ-Roll Call,

NEW DELHI: Intelligence Bureau (IB) director Tapan Kumar Deka was on Tuesday granted a second one-year extension, which will make him the longest serving head of the domestic intelligence agency

Palo Alto Networks signage displays on the screen at the Nasdaq Market in New York City, U.S., March 25, 2025. Jeenah Moon | Reuters Palo Alto Networks reported better-than-expected earnings

Jammu and Kashmir: Lieutenant Governor Manoj Sinha SRINAGAR: J&K lieutenant governor Manoj Sinha chaired Tuesday a Unified Headquarters meeting at Raj Bhawan to review Union territory’s security situation and preparations

LUCKNOW: Amrish Yadav, aged 32, a station master with Indian Railways in Uttar Pradesh, has achieved success in the Indian Forest Service Examination, 2024, securing All India Rank 72. He

The Warby Parker store in Harvard Square in Cambridge, Massachusetts. Pat Greenhouse | Boston Globe | Getty Images Warby Parker shares surged more than 14% after Google announced a smart

Trending News

NEW DELHI: Reliance Industries Ltd (RIL) and its foreign partners have moved the Supreme Court against the Delhi High Court’s February ruling quashing an arbitral award in their favour in

NEW DELHI: The Income Tax Department has officially notified the updated return form, called ITR-U, allowing taxpayers with an extended window of four years to rectify or update their income

NEW DELHI: The rupee declined by 16 paise to settle at 85.58 against the US dollar on Tuesday, weighed down by weak domestic equity markets and a rise in US

NEW DELHI: Elon Musk on Tuesday reaffirmed his commitment to lead Tesla for at least the next five years, addressing investor concerns and political backlash during a video appearance at

NEW DELHI: The government has extended the implementation timeline for the Safety of Household, Commercial and Similar Electrical Appliances Quality Control Order, 2025 by nearly one year, now scheduled to

NEW DELHI: Hindalco Industries, the metals flagship of the Aditya Birla Group, reported a 66 per cent year-on-year surge in consolidated net profit to Rs 5,284 crore for the quarter

DLF to launch housing projects worth over Rs 17,000 crore in FY25 amid luxury demand surge

Word Count: 659 | Estimated Reading Time: 4 minutes


DLF to launch housing projects worth over Rs 17,000 crore in FY25 amid luxury demand surge
Image used for representative purposes

Realty giantDLF Ltd is gearing up to launch housing projects worth more than Rs 17,000 crore in the current financial year, amid surging demand for luxury homes.The company had already launched 7.5 million square feet of space for sale in the last fiscal, with an estimated revenue potential of Rs 40,600 crore. Of this, 5 million square feet were sold within the same year, fetching Rs 19,344 crore.At the start of the 2024-25 fiscal, the company had outlined a medium-term plan to launch 37 million square feet of projects, targeting total revenue of Rs 1.14 lakh crore. Of this, almost 35% has already been rolled out in the current financial year, with another 15% planned for FY26.The firm also launched ‘The Dahlias,’ a project spread over 4.5 million square feet, with a sales potential of Rs 35,000 crore. Of this, Rs 13,744 crore worth of sales bookings were already locked in during the last financial year.“This has resulted in the monetization of approximately 39 per cent of the estimated total sales potential of this project within the first year of its launch,” the company said in a statement, quoted by PTI.DLF reported record sales bookings of Rs 21,223 crore in FY25, up 44% from Rs 14,778 crore the previous year, signifying the continued need for high-end residential properties.The company’s financial performance also reflected this momentum. Net profit for the fourth quarter of FY25 rose 39% year-on-year to Rs 1,282.2 crore, while total income climbed to Rs 3,347.77 crore from Rs 2,316.7 crore in the same period last year.For the full year, DLF’s net profit jumped to Rs 4,366.82 crore, up from Rs 2,723.53 crore in 2023-24. Total income also rose to Rs 8,995.89 crore, against Rs 6,958.34 crore in the previous fiscal.DLF is India’s largest listed real estate developer by market capitalisation. Since its inception, it has delivered over 185 projects covering more than 352 million square feet. The group holds 280 million square feet of development potential across residential and commercial sectors, along with an annuity portfolio of over 45 million square feet.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account