Tag: DLF

CommercialLatest Stories

Airbnb Leases 46,437 Sq Ft Office in Gurugram’s DLF Cyber City

NEW DELHI: Airbnb Global Capability Center has secured a lease for 46,437 sq ft of office space in DLF Cyber City, Gurugram, from DLF Cyber City Developers, according to Propstack, a real estate data analytics firm. The leased area is situated on the 21st floor of Tower A in Building No. 5 of DLF Cybercity, covering a usable area of 32,506 sq ft. The lease, effective from October 1, 2025, has a duration of five years, with Airbnb agreeing to pay a rent of Rs 132.5 per sq ft monthly, totaling Rs 61.53 lakh each month. This results in an…

IndustryLatest Stories

Top 11 Developers’ Pre-Sales Jump 18% to ₹1.48 Lakh Crore

NEW DELHI: According to an Anarock Research analysis, the combined pre-sales of 11 listed real estate developers increased by 18% year-on-year, reaching ₹1,48,158 crore in FY26, up from ₹1,25,841 crore in FY25. The analysis focused on major players including Godrej Properties, Prestige Estates, DLF, Macrotech Developers, Signature Global, Brigade Enterprises, Puravankara, Oberoi Realty, Kolte-Patil Developers, Keystone Realtors, and Sobha. Developers with significant exposure to premium and luxury housing exhibited stronger growth over the year. Prestige Estates saw the largest annual growth in pre-sales at 76%, followed by Puravankara at 48%, Keystone Realtors at 33%, Sobha at 30%, Godrej Properties at…

IndustryLatest Stories

DLF Plans ₹20,000 Crore Housing Sale by FY27: MD

NEW DELHI: DLF Ltd, India’s largest real estate firm, aims for sales bookings of ₹20,000 crore in the current fiscal year, maintaining a target similar to that of 2025-26, driven by a robust launch pipeline for residential projects in Gurugram, Mumbai, and Goa, as stated by Managing Director Ashok Kumar Tyagi on Thursday. In a webcast for market analysts, Tyagi emphasized the strong performance of both the company’s housing and commercial segments and expressed confidence in their future growth. Regarding the sales bookings target for the 2026-27 fiscal, he reaffirmed an annual goal of ₹20,000 crore. Of this, approximately ₹14,000-15,000…

IndustryLatest Stories

DLF’s Net Profit Up 1.10% to ₹4,414.68 Crore in FY26

NEW DELHI: DLF has announced a 1.10% increase in its net consolidated profit for the financial year 2025-26. The profit after tax reached ₹4,414.68 crore, up from ₹4,366.82 crore in FY25, as reported in a filing to the BSE. The company’s net consolidated total income was ₹9,816.04 crore in FY26, representing a 9.12% rise from ₹8,995.89 crore in FY25. In Q4 FY26, net consolidated total income fell by 37.46%, totaling ₹2,093.82 crore compared to ₹3,347.77 crore in the same quarter last year. Additionally, profit after tax declined by 1.06%, settling at ₹1,268.56 crore in Q4 FY26, down from ₹1,282.20 crore…

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DLF Sells IT-SEZ and Land in Kolkata for ₹710 Crore

Representative Image NEW DELHI: DLF, a leading real estate developer, has finalized a deal to sell its IT-ITeS special economic zone (SEZ) project along with nearly 18 acres of undeveloped land in Kolkata for Rs 710 crore to the Srijan Group, as part of its asset monetization strategy. The announcement came in April last year. In a regulatory update on Monday, DLF reported that the transfer of its IT/ITeS SEZ assets, including ‘DLF TechPark II’, has been completed to Makalu Builders LLP, which is associated with Srijan Group and Srijan Realty Pvt Ltd. Additionally, the company has sold a 17.75-acre…

Latest StoriesRegulatory

SC directs CBI probe into DLF Gurugram housing project

NEW DELHI: The Supreme Court has instructed the Central Bureau of Investigation (CBI) to investigate issues pertaining to ‘The Primus’ residential project in New Gurgaon, developed by DLF Home Developers (DHDL), a wholly owned subsidiary of DLF, as stated in a BSE filing. According to the company, the inquiry stems from consumer complaints made by five allottees which were previously reviewed by the National Consumer Disputes Redressal Commission (NCDRC). The NCDRC issued its ruling on May 29, 2023. Both the complainants and DHDL filed appeals with the Supreme Court contesting the NCDRC’s decision. In a temporary ruling dated February 25,…

Latest StoriesResidential

Ajit Jain of Berkshire Hathaway Purchases ₹85 Crore Gurugram Flat

Image for representation NEW DELHI: Ajit Jain, vice-chairman of insurance operations at Berkshire Hathaway, has purchased a 7,400 sq ft apartment at DLF The Camellias in Gurugram for approximately ₹85 crore, according to sources familiar with the transaction. Jain, who typically resides outside India, traveled to Delhi recently to complete the deal. “NRIs account for over 25% of DLF’s ultra-luxury market, and Jain is a leading figure among them,” noted a source involved with the transaction. “The extensive amenities in such projects are major attractions for individuals who want temporary residences in India.” Jain did not respond to inquiries via…

CommercialLatest Stories

WeWork India Signs 90,000 sq ft Lease in Gurugram

NEW DELHI: WeWork India has heightened its presence in the National Capital Region (NCR) by inaugurating a new center at Atrium Place in Udyog Vihar, Gurugram, thereby adding approximately 90,000 sq ft to its portfolio. The facility spans two floors and accommodates over 1,200 desks, marking the company’s 15th center in the NCR. This new center was launched in collaboration with DLF, with advisory support provided by CBRE. Arnav S. Gusain, Chief of Supply, stated that the company has introduced more than 3,000 desks in the NCR over the last two years, witnessing a 50% rise in enterprise desks within…

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DLF Sells IT SEZ Land in Kolkata to Srijan for ₹670 Crore

Representative AI image NEW DELHI: DLF has signed definitive agreements to sell its IT/ITeS SEZ asset and an adjacent land parcel in Kolkata to Makalu Builders LLP and Gangapurna Projects LLP, subsidiaries of Srijan Realty, for a total of approximately ₹670 crore. As per a business transfer agreement (BTA) executed on February 3, 2026, DLF will transfer its IT/ITeS SEZ operations, including DLF TechPark II and around 8.15 acres of freehold land in Kolkata, to Makalu Builders LLP for ₹409.86 crore. The asset has a gross leasable area of about 10.54 lakh sq ft. Additionally, DLF has signed an agreement…

IndustryLatest Stories

DLF Q3 FY26 Net Profit Rises 13.66%

NEW DELHI: DLF has announced a 13.66% increase in net consolidated profit for the quarter ending December 31, 2025. The profit after tax reached ₹1,203.36 crore for Q3 FY26, compared to ₹1,058.73 crore in the same quarter last fiscal year, as reported in a BSE filing. The company’s net consolidated total income was ₹2,479.54 crore in Q3 FY26, reflecting a 42.71% growth from ₹1,737.47 crore recorded in the same quarter last year. Gross collections for the quarter amounted to ₹5,100 crore, with cumulative net collections for the nine-month period at ₹10,216 crore, indicating a year-on-year growth of 21%. The company…