Housing demand outlook remains positive; urbanisation, affordability, aspiration to drive sales: DLF Chairman Rajiv Singh

Housing demand outlook remains positive; urbanisation, affordability, aspiration to drive sales: DLF Chairman Rajiv Singh

DLF Chairman Rajiv Singh has expressed optimism about India’s housing sector, highlighting rapid urbanisation, improved affordability, and aspirational need as factors driving strong sales momentum. Singh also noted a trend of consolidation in the sector, with demand shifting towards credible and organised real estate developers. In the company’s annual report, Singh mentioned that the housing sector continues to experience robust demand. DLF’s sales bookings more than doubled in the last fiscal year, and the company plans to scale its business by launching projects across different geographies to meet market needs. Singh also highlighted gradual recovery in the office segment and significant rebound in the retail sector.

TIS Staff

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