Tag: DLF Cyber City Developers

CommercialLatest Stories

BlackRock Negotiates for 1 Million Sq Ft Office in NCR

Asset manager Blackrock Inc. is currently negotiating with two real estate developers in the National Capital Region (NCR) to lease 1 million sq ft of office space, according to sources close to the matter. As part of its strategy to strengthen and expand its footprint, Blackrock is in discussions with Bharti Real Estate and DLF regarding their forthcoming projects, ‘Worldmark’ and ‘Downtown’, respectively. Blackrock is eyeing an entire building within the ‘Worldmark’ complex in Delhi’s Aerocity or the ‘Downtown’ project in Gurgaon, with an imminent deal expected, according to the sources. “This will not be a built-to-suit property; however, both…

IndustryLatest Stories

DLF Posts 32% Revenue Surge in FY25

NEW DELHI: DLF has reported impressive financial results for the fiscal year ending March 31, 2025 (FY25), with a consolidated revenue increase of 32% to ₹7,376 crore, up from ₹5,574 crore the previous year. The net profit after tax reached ₹2,744 crore, showing a year-on-year growth of 26% compared to ₹2,172 crore in FY24. This growth was propelled by robust housing demand, effective execution of key projects, and higher average realizations in its development portfolio. Surge in Sales and Collections The company reported gross new sales bookings of ₹14,778 crore in FY25, slightly lower than FY24’s ₹15,058 crore. However, DLF…