en.Wedoany.com Reported - Indian real estate developer DLF stated on May 14 that it expects to launch luxury residential projects in Gurugram, Mumbai, and Goa in FY2027, with a total potential revenue of approximately Rs 200 billion. Aakash Ohri, Managing Director of DLF Home Developers Ltd, announced this luxury residential plan during an analyst conference call.

Ohri stated that the company's ultra-luxury villa project in Reis Magos, Goa is expected to launch this year. DLF also plans to launch Hamilton 2, a luxury residential project in DLF City, Gurugram; a senior living residential project in Sector 63, Golf Course Extension Road (first half of FY2027); and Phase II of the Westpark project in Andheri West, Mumbai.

The company also disclosed sales data for The Dahlias, an ultra-luxury residential project in Gurugram: the project achieved sales bookings of Rs 185.69 billion within 18 months, with nearly 60% of inventory sold. Prices for luxury residential apartments rose from approximately Rs 60 million to nearly Rs 135 million. Ohri stated: "The price catch-up for The Dahlias has far exceeded our expectations. We originally thought it would take about four years, but it was achieved in about a year and a half." Non-resident Indians accounted for nearly 15% of the total sales of this luxury residential project. The remaining 40% inventory represents a potential revenue of approximately Rs 240 billion at current price levels.

In FY2026, DLF's overall sales bookings decreased by 5% year-on-year to Rs 201.43 billion, compared to a record Rs 212.23 billion in the previous fiscal year. The Dahlias luxury residential project contributed Rs 48.28 billion in FY2026. DLF Managing Director Ashok Kumar Tyagi stated that sales bookings for FY2027 are expected to be approximately Rs 200 billion, of which Rs 140 to 150 billion is expected to come from the launch of new luxury residential projects.

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