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DLF April-September sales bookings in H1FY20 up 16% at Rs 1,425 crore

  • Source: Business Standard - - Read: 0



    Realty major DLF's sales bookings rose 16 per cent to Rs 1,425 crore during the first six months of this fiscal year, mainly due to demand for its ready-to-move in residential units.

    DLF, the country's largest real estate firm in market capitalisation, had achieved sales bookings of Rs 1,225 crore in the same period a year ago.

    "Sales target of Rs 2,700 crore for FY (financial year) 2019-20. Achieved Net Sales of Rs 1,425 crore till September 2019," DLF said in an investors presentation.

    Maintaining its sales momentum in the third quarter, DLF last month said it sold 376 ready-to-move-in luxury flats worth Rs 700 crore on the first day of the launch of its housing project in Gurugram.

    Although the housing segment is facing a multi-year demand slowdown, builders are able to find ...



    Read Full News: https://www.business-standard.com/article/pti-stories/dlf-apr-sep-sales-bookings-up-16-pc-at-rs-1-425-cr-on-demand-for-completed-units-119111000219_1.html

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