One of India’s leading realty major, DLF Ltd has announced a series new projects and they plan to launch 35 million square feet area in medium term with a sales potential of around Rs 40,000 crore.

According to a Business Standard story (source), it plans to launch 9 million square feet of value homes in Gurugram, Chennai, and Chandigarh area for sales value of Rs 4,500 crore. DLF said that new launches of residential projects would generate healthy cash flows going forward.

The housing market has shown tremendous signs in the recent months all over India. The residential real estate projects and housing societies in Mohali Aerocity, Zirakpur, and on the Mohali Airport Road have shown unprecedented growth in the volume of transactions in residential property.

DLF announces a list of project launches, including one in Chandigarh, as posted by Tick Property, Chandigarh.

This announcement by DLF has come at the right time for the local market, for the entire real estate supply chain including the vendors in construction, employment, project consultants, and operating partners.

Read the complete story on Business Standard.

Comments to: DLF announces its plans to launch multiple projects, including in Chandigarh

Your email address will not be published.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

Attach images - Only PNG, JPG, JPEG and GIF are supported.

Contributing authors

Inviting contributor author for Tick Property: If you want to write for Tick Property, please write to us at [email protected] with the details—your name, email ID, and your current organization (or business name if self-employed).

The Tick Property Newspaper

We publish a daily newspaper for a quick reference to real estate news, insights, and reports: See the Tick Property Newspaper

Good Reads

The Confederation of Real Estate Developers’ Association of India (CREDAI) has expressed concern over the increasing prices of construction in infrastructure and real estate, particularly since 2020. They say that it can directly impact the property prices as these may increase by as much as 10-15 per cent construction cost for the raw materials does […]
A latest story by McKinsey insights says that the market value of the global balance sheet has tripled in the first two decades of this century. It means that the net worth has tripled since 2000, but the increase mainly reflects valuation gains in real assets, especially real estate, rather than investment in productive assets […]

Worlwide

There are no matching posts for this section.

Trending

This post is taken from Forbes India (source). In the commercial property trends in India in the recent years, the new-generation technology parks have emerged particularly in high-potential and high-rewarding cities including in Bengaluru, Hyderabad, Mumbai, Delhi and Pune. Chandigarh and Kolkata are now attracting investments too. This, according to Nasscom, has been due to […]