DLF to launch 2 luxury housing projects in Gurugram: MD Ashok Tyagi
Business StandardRealty major DLF Ltd will launch two luxury housing projects worth Rs 15,000 crore in Gurugram during the second half of this financial year to expand its business amid strong demand for premium homes, its Managing Director Ashok Kumar Tyagi said. Buoyed by sales of Rs 8,000 crore worth of flats within three days in February in its new project 'The Arbour' at Gurugram, Tyagi said the company has set a target to achieve sales bookings of Rs 13,000 crore in this fiscal year and hopes to exceed the number. On the company's plan to tap this high demand in premium and luxury segments, he said the company has created a launch pipeline of Rs 20,000 crore for this fiscal. Tyagi said the company would also launch one residential tower in its project at Moti Nagar here, one in Tricity of Chandigarh and one in Mumbai this fiscal.