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videos | IST

Expect Rs 1000 cr-plus sales in Q4; demand strong: DLF

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The bounce back in residential demand and the traction seen for new products is surprising, said Ashok Tyagi, the Whole Time Director of the real estate major company.

The bounce back in residential demand and the traction seen for new products is surprising, said Ashok Tyagi, the Whole Time Director of the real estate major company.
“We are seeing demand pick up across the board,” he said.
On the realtor’s launch pipeline, he said, “We are focusing on working on all segments; we are working on super luxury piece where we have the inventory, we are proposing to launch our next major project in Delhi, which is a joint venture with GIC, sometime in next few months. We have identified a few sites in Gurugram to launch both premium and mid-income products. Therefore, the entire launch pipeline is looking healthy and energetic.”
“We are looking at sales in excess of Rs 750 crore in Q3 and Q4 and expect sales to be more than Rs 1,000 crore after second half of FY21,” added Tyagi.
DLF has been recognized as an index component of the Dow Jones Sustainability Index in the emerging markets category.
For entire interview, watch video