In New Delhi, DLF Home Developers Ltd., under the guidance of Aakash Ohri, Joint Managing Director, aims to achieve a sales milestone of Rs 1,400 crore through its recent commercial venture in Gurugram and a residential project in Panchkula. Ohri revealed that the company is well-positioned to surpass its forecast of launching luxury residential projects valued at Rs 12,400 crore in the fiscal year 2023-24, leveraging the ongoing surge in premium property prices.

Notably, DLF Home Developers recently unveiled the Central 67 project, covering 8.69 acres in Gurugram, offering shop-cum-office spaces. This project is anticipated to yield revenue of Rs 700 crore and has already garnered significant interest, being fully sold out. Ohri emphasized the high demand for the high street segment and highlighted the strategic location’s advantage, with several residential developments nearby, promising increased foot traffic to the complex.

The project, situated at the Shone Elevated Corridor, ensures seamless connectivity to the major Mumbai Industrial Corridor, enhancing convenience for residents and businesses alike. With plot sizes starting at 140 square yards, the project provides dedicated spaces for various commercial activities, contributing to its overall appeal.

Additionally, DLF Home Developers is optimistic about generating another Rs 700 crore from the Valley Orchard low-rise residences in Panchkula, Haryana, spread across 15.833 acres. This project boasts 1.1 million sq ft of low-rise development, further solidifying the company’s robust presence and growth in the real estate sector.

Source: The Economic Times