DLF Plans ₹40k Crore Investment in 4-5 Yrs

During last couple of years, DLF has launched many luxury housing projects in Gurugram, including ultra-luxury project 'The Dahlias', which has revenue potential of around Rs 35,000 crore

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NEW DELHI: DLF Ltd, the country's largest realty firm, will invest around Rs 40,000 crore over the next 4-5 years to develop housing and commercial projects as part of its strategy to expand business amid strong demand for premium properties.

Last week, DLF Group held a meeting with analysts in Gurugram to give them an update on its current business situation and future plan for medium term. It gave a corporate presentation to share the growth strategy of its development (housing) business and annuity business, which is building rent-yielding commercial projects. As per the presentation which was uploaded on the stock exchanges on Friday, DLF has lined up an investment of around Rs 40,000 crore over the next 4-5 years across its two major business verticals.

The Group will invest around Rs 20,000 crore to complete its residential projects that have already been launched.