DLF to Enter New Markets of Goa & Mumbai

DLF Ltd. has unveiled plans to broaden its housing and commercial property ventures by entering new markets in Mumbai and Goa. This strategic initiative aims to leverage the increasing demand for luxury homes and commercial spaces in these areas, as noted in the company’s annual report.

While continuing to launch new projects in the Delhi-NCR region, DLF’s strategic expansion into Mumbai and Goa reflects its commitment to meeting the aspirational needs of a diverse customer base. By introducing a variety of offerings, DLF aims to cater to the evolving demands of the market.

For the current fiscal year (2024-25), DLF has set an ambitious sales booking target of Rs 17,000 crore, aiming for a 15% growth rate. This growth will be supported by the launch of multiple luxury housing projects across Gurugram, Goa, and Mumbai.

The company has reported increased occupancy levels across its commercial portfolio. To support this growth, DLF is investing in capital expenditure for new developments in Gurugram, Chennai, Delhi, and Goa.