DLF to Invest ₹23,500 Crore to Complete Ongoing Housing Projects in NCR and Mumbai
India's leading real estate firm, DLF, plans to invest ₹23,500 crore to complete its ongoing residential projects in NCR and Mumbai. The company has a robust cash balance and significant receivables to support this investment.
Real EstateDlfHousing ProjectsNcrMumbaiReal Estate MumbaiAug 08, 2025
To meet its pending construction spend, DLF mentioned that the company has a cash balance of ₹10,429 crore, of which ₹7,782 crore is parked in the escrow account of the Real Estate Regulatory Authority (RERA). Additionally, the company has receivables of ₹37,220 crore from its customers against residential properties sold to them.
In a recent conference call with market analysts, DLF Group Chief Financial Officer (CFO) informed that the company invested around ₹750 crore in construction during the first quarter of this year. He added that this number is expected to increase slightly in the coming quarters.
Post-COVID pandemic, DLF has launched several residential projects in 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 and sold all units for around ₹2,300 crore.
In the first quarter, the company 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 helped DLF achieve record sales bookings during the last fiscal year, and the company is targeting to repeat its performance. DLF's sales bookings stood at a record ₹21,223 crore in the last fiscal year, compared to ₹14,778 crore in 2023-24. During the 2022-23 fiscal, the company's sales bookings stood at ₹15,058 crore.
For the current financial year, DLF has given a sales bookings guidance of ₹20,000-22,000 crore, and it has already sold properties worth ₹11,425 crore in the first quarter of this fiscal.
DLF Group is primarily engaged in the business of selling residential properties (development business) and leasing commercial and retail properties (annuity business). The Group has developed more than 185 real estate projects comprising a total area of more than 352 million sq ft. It also has an annuity portfolio of 46 million sq ft. DLF has 280 million sq ft of development potential across the residential and commercial segments, including current projects under execution and the identified pipeline.
Frequently Asked Questions
How much is DLF investing to complete its ongoing housing projects?
DLF is investing ₹23,500 crore to complete its ongoing residential projects in NCR and Mumbai.
What is the total cash balance of DLF?
DLF has a cash balance of ₹10,429 crore, with ₹7,782 crore parked in the escrow account of the Real Estate Regulatory Authority (RERA).
How much has DLF invested in construction during the first quarter of this year?
DLF has invested around ₹750 crore in construction during the first quarter of this year.
What are some of the recent housing projects launched by DLF?
DLF has launched and sold all 1,164 luxury apartments in 'DLF Privana North' in Gurugram and a housing project comprising 416 flats in Mumbai, both of which were sold out.
What is DLF's sales bookings guidance for the current financial year?
DLF has given a sales bookings guidance of ₹20,000-22,000 crore for the current financial year.
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