DLF Invests ₹23,500 Crore in Ongoing Housing Projects in NCR and Mumbai
India's largest real estate firm, DLF, plans to invest ₹23,500 crore to complete its residential projects in Delhi-NCR and Mumbai. The company has receivables of ₹37,220 crore from customers and aims to achieve record sales bookings in the current fiscal year.
Real EstateDlfNcrMumbaiResidential ProjectsReal Estate MumbaiAug 08, 2025
To meet these construction expenses, DLF has a cash balance of ₹10,429 crore, with ₹7,782 crore currently parked in the escrow account of the Real Estate Regulatory Authority (RERA). Additionally, the company has receivables of ₹37,220 crore from its customers for residential properties sold to them.
In a recent conference call with market analysts, DLF Group Chief Financial Officer (CFO) mentioned that the company invested around ₹750 crore in construction during the first quarter of this year. He added that this amount is expected to increase slightly in the coming quarters.
Post-Covid pandemic, DLF has aggressively launched several residential projects in key locations such as Delhi-NCR, Mumbai, and the tri-city of Chandigarh. During the current July-September quarter, DLF Ltd and Trident Realty launched a housing project comprising 416 flats in Mumbai, which were sold for around ₹2,300 crore.
In the first quarter, DLF launched and sold all 1,164 luxury apartments for about ₹11,000 crore in its new housing project 'DLF Privana North' in Gurugram. This project is part of its 116-acre township. Last year, DLF had launched and completely sold out two projects in this township—'DLF Privana West' and 'DLF Privana South'—for around ₹12,800 crore.
These new launches have significantly boosted DLF's sales bookings. In the last fiscal year, the company achieved a record sales booking of ₹21,223 crore, compared to ₹14,778 crore in the 2023-24 fiscal year. During the 2022-23 fiscal year, DLF's sales bookings stood at ₹15,058 crore.
For the current financial year, DLF has set a sales booking guidance of ₹20,000-22,000 crore. The company has already sold properties worth ₹11,425 crore in the first quarter of this fiscal year.
DLF Group primarily engages in the sale of residential properties (development business) and the leasing of commercial and retail properties (annuity business). The Group has developed more than 185 real estate projects, encompassing a total area of over 352 million square feet. It also maintains an annuity portfolio of 46 million square feet. DLF has a development potential of 280 million square feet across the residential and commercial segments, including current projects under execution and the identified pipeline.
Frequently Asked Questions
How much is DLF investing in its ongoing housing projects?
DLF is investing ₹23,500 crore to complete its ongoing residential projects in NCR and Mumbai.
What is DLF's current cash balance?
DLF has a cash balance of ₹10,429 crore, with ₹7,782 crore parked in the escrow account of RERA.
What is DLF's sales booking target for the current fiscal year?
DLF has set a sales booking guidance of ₹20,000-22,000 crore for the current fiscal year.
How many residential projects has DLF launched post-Covid?
Post-Covid, DLF has launched several residential projects in key locations such as Delhi-NCR, Mumbai, and the tri-city of Chandigarh.
What is DLF's development potential?
DLF has a development potential of 280 million square feet across the residential and commercial segments, including current projects under execution and the identified pipeline.
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