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DLF Commits ₹5,500 Crore for New Luxury Residential Project in Gurugram

Written by: Team Angel OneUpdated on: 16 Jun 2025, 4:50 pm IST
DLF to invest ₹5,500 crore in Gurugram's 'Privana North' project, adding 1,150+ luxury units after strong sales in earlier Privana phases.
DLF Commits ₹5,500 Crore for New Luxury Residential Project in Gurugram
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Real estate giant DLF Ltd is preparing to invest approximately ₹5,500 crore in developing a new upscale residential project, 'DLF Privana North', located in Sector 76/77 of Gurugram. The development will span 18 acres and consist of over 1,150 premium apartments. This new venture is part of the broader 116-acre 'DLF Privana' township, following the remarkable success of 'Privana West' and 'Privana South'.

Previous Success Fuels New Launch

DLF’s earlier phases within the same township - 'Privana West' and 'Privana South', witnessed impressive responses, with sales totalling ₹12,800 crore. In January 2024, the firm sold 1,113 high-end units worth ₹7,200 crore within 3 days of launching 'Privana South'. Similarly, in May 2024, 'Privana West' saw 795 units sold for ₹5,590 crore in just 3 days. Building on this momentum, the company now aims to replicate its success with the third phase of the project.

Strategic Expansion Backed by Earnings 

DLF closed the 2024-25 fiscal with record-breaking sales bookings of ₹21,223 crore - a 44% jump from the previous year. With a target range of ₹20,000-22,000 crore for this year, the firm plans to introduce residential developments worth over ₹17,000 crore amid strong market demand. 

 

It has already launched 7.5 million sq ft of saleable space with a potential revenue of ₹40,600 crore. Notably, the super-luxury project 'The Dahlias' alone accounted for ₹13,744 crore in bookings last year. DLF's net profit also rose sharply to ₹4,366.82 crore, supported by increased income of ₹8,995.89 crore.

Read more: DLF Reports 59% YoY Profit Growth in FY25 Results; Declares ₹6 Dividend!

DLF Share Price Performance 

As of June 16, 2025, at 10:25 AM, DLF share price is trading at ₹849.80 per share, reflecting a decline of 0.17% from the previous closing price. Over the past month, the stock has surged by 18.70%. The stock's 52-week high stands at ₹929 per share, while its low is ₹601.20 per share.

Conclusion 

DLF’s strategic investment in ‘Privana North’ reinforces its confidence in the booming luxury housing market, driven by strong demand and past success.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jun 16, 2025, 11:20 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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