DLF rebounds in Q2 as luxury demand drives Rs.3,800 crore pre-sales
New Delhi, Oct. 21 -- After four quarters of a lull in new project launches, DLF made a comeback in the September quarter (Q2FY27). Pre-sales or bookings were higher than anticipated, zooming to Rs.3,800 crore in Q2FY27 from Rs.657 crore in Q1FY27. Sustained traction at the uber-luxury project The Dahlias, despite continued price hikes and a sell-out at the newly launched luxury retirement housing project The Aureva in Gurugram, led to the sequential surge. Pre-sales fell year-on-year due to a high base. DLF is seeing decent demand for its luxury offerings in the core market of Gurugram. Nuvama Research notes that while the Gurugram housing market is battling a slowdown amid falling volumes, DLF's pedigree should help it navigate these ch...
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