DLF Ltd, India's largest real estate company, has announced a monumental investment strategy that aims to reshape the premium property market over the next 4-5 years. The firm will channel Rs 40,000 crore into developing both housing and commercial projects, responding keenly to a robust demand for high-end real estate. In a recent meeting with analysts in Gurugram, DLF unveiled its growth strategy, highlighting plans to invest Rs 20,000 crore in residential projects mainly located in Gurugram.
This includes ongoing luxury housing developments, such as 'The Dahlias', boasting a revenue potential of Rs 35,000 crore. The remaining Rs 20,000 crore is earmarked for commercial project expansion, aiming to increase rent-yielding assets from 44 million square feet to 73 million square feet across Delhi-NCR, Goa, and South India. This ambitious strategy underscores DLF's commitment to leveraging its extensive land bank for sustainable, long-term growth.
(With inputs from agencies.).
