DLF targets ₹1 lakh crore sales pipeline in 4-5 years, focuses on luxury housing and rules out REIT

Summary

DLF aims to achieve a Rs one lakh crore sales pipeline over the next four to five years, focusing on luxury housing and ruling out REITs for now. The company expects profitability from residential sales to nearly double from 2028 onwards and plans to expand its customer base beyond Delhi-NCR and Mumbai, with younger buyers and NRIs contributing significantly.