DLF sales bookings rise 45% to Rs 6,599 cr in Apr-Dec; to meet Rs 8,000 cr target for FY23

New Delhi: Realty major DLF Ltd has posted a 45 per cent growth in April-December sales bookings to Rs 6,599 crore, achieving better demand and achieving its annual sales guidance of Rs 8,000 crore, a senior company official said. is on its way to do. DLF’s – the country’s largest realty firm in terms of market capitalization – had sales bookings of Rs 4,544 crore in the year-ago period.

Akash Ohri, Executive Director and Chief Business Officer, DLF Group, said, “We have achieved a strong growth in our sales bookings in the first nine months of this financial year. Sales are driven by demand for quality products. He added that the company has launched apartments and independent floors at different price points, which has helped in achieving better sales. ,Also read: Will wheat flour be cheaper? Millers react to Centre’s move to sell wheat in the open market,

DLF has launched residential projects in Delhi, Gurugram, Panchkula and Chennai. Asked about sales bookings for the full fiscal, Ohri said the company has given a guidance of Rs 8,000 crore for FY2022-23 and expects it to be easily achieved. ,Also Read: Coca-Cola Will Soon Launch Its Smartphone In India; here’s what we know so far,

“We are on track to meet our sales booking targets. We can do even better. But we stick to our guidance,” he added. “Demand is very strong. People have the desire and money to buy real estate. Customers want security of their money. Hence, they are now investing in projects of credible real estate developers like us,” said Ohri.

DLF achieved the highest ever quarterly net sales booking of Rs 2,507 crore, showing a year-on-year growth of 24 per cent. In its investor presentation, DLF said it would focus on offering customer-oriented products.