Housing Demand Outlook Remains Positive: DLF Chairman

Housing Demand Outlook Remains Positive: DLF Chairman

DLF Chairman Rajiv Singh expressed confidence in India’s housing sector, citing rapid urbanisation, improved affordability, and aspirational need as key drivers of strong sales momentum. In the annual report, Singh emphasized the consolidation of demand towards credible and organised real estate developers. This trend is influenced by consumer confidence, financial stability, and their ability to deliver secure and sustainable ecosystems. DLF witnessed exceptional sales bookings, with a record-breaking Rs 15,058 crore in the last fiscal year, driven by successful new product launches such as ‘The Arbour’ luxury housing project. Singh outlined DLF’s strategy to meet evolving market needs by introducing a diverse range of offerings and scaling the business through geographically varied projects. The office segment has exhibited gradual recovery, with improved occupancy levels and rental growth. The retail sector has experienced a significant rebound, supported by increased footfall, consumption, and the expansion of international brands. DLF’s retail business posted healthy growth, and the construction of new retail destinations is on track to double the retail portfolio in the next 4-5 years. DLF, India’s largest realty firm, has a strong market capitalisation and extensive experience in developing residential, commercial, and retail properties. With a robust annuity portfolio and significant development potential, DLF remains optimistic about the future growth of the housing sector in India.

TIS Staff

wp_ghjkasd_staff

Leave a Reply

Your email address will not be published. Required fields are marked *