DLF to invest ₹20,000 cr in housing projects, eyes ₹43k cr surplus cash

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DLF to invest ₹20,000 cr in housing projects, eyes ₹43k cr surplus cash - Business Standard

Quick Summary:

In the last few years, DLF has launched many housing projects in Gurugram, including the ultra-luxury project 'The Dahlias', which has a revenue potential of around Rs 35,000 crore.

Real estate major DLF Ltd will invest around Rs 20,000 crore over the next few years to complete the construction of its already launched residential projects.

In a corporate presentation uploaded on stock exchanges' website on Friday, DLF shared the growth strategy of its development (housing) business and annuity business, which is building rent-yielding commercial projects.