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DLF sells 1,137 flats in Gurugram for over ₹8,000 crore within 3 days

DLF sells 1,137 flats in Gurugram for over ₹8,000 crore within 3 days

The Hindu
Thursday, March 16, 2023 06:18:26 AM UTC

DLF achieved a 45% growth in sales bookings to ₹6,599 crore in April-December period of this fiscal.

Realty major DLF Ltd on Thursday said it has sold 1,137 luxury apartments, priced ₹7 crore and above, in its housing project in Gurugram for over ₹8,000 crore within 3 days, reflecting a strong demand for premium flats across major cities.

In a regulatory filing, DLF informed that it has "witnessed record breaking pre-formal launch sales of ₹8,000-plus crores for its luxury high-rise residences, The Arbour".

DLF will build 1,137 4BHK apartments across five towers (38-39 storeys) in this 25-acre project.

The project is located at Golf Course Extension Road, Sector-63 Gurugram.

The project has been fully sold out within three days even before its launch, DLF said.

Aakash Ohri, Group Executive Director and Chief Business Officer, DLF Ltd, said, "Our latest luxury offering, 'The Arbour' has received a phenomenal response even before it was launched." The interest shown by discerning homebuyers in the country and overseas is clearly an endorsement of the highly aspirational DLF lifestyle, he said.

"It is perhaps a new touchstone in the luxury real estate segment. Significantly, over 95 per cent of the buyers are individuals who have bought into The Arbour for their end usage," DLF said.

Read full story on The Hindu
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