DLF Sells Nearly 90 Independent Floors in Gurugram
Realty major DLF Ltd has sold nearly 90 independent floors worth over ?300 crore in Gurugram and plans to launch more such projects as demand for premium residential properties has revived in last few months. The company plans to launch independent floors in DLF Phase I-IV at Gurugram, New Gurugram and Panchkula among others. The company plans to launch similar products in Panchkula, Tri-city, New Gurgaon and wherever there is an opportunity in DLF phase 1 to 4. DLF, is targeting to achieve sales bookings of ?2,500 crore in the ongoing fiscal, marginally better than previous year, despite the COVID-19 pandemic. During the 2019-20 financial year, DLF's sales booking stood at ?2,485 crore. DLF's sales bookings in the first half of this fiscal crossed ?1,000 crore as sales in the second quarter rose sharply to ?853 crore from ?152 crore in the previous quarter. DLF has posted 48% decline in its consolidated net profit at ?232.14 crore for the quarter ended September 2020. Its net profit stood at ?445.83 crore in the year-ago period.
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