DLF, India’s leading real estate developer, witnesses record sales of over AED 6.65 Billion (INR 15,058 crores) in FY23

Contributing to these impressive figures include Non Resident Indians based in the GCC searching for profitable investment opportunities and end-use luxury properties in India

(Dubai, United Arab Emirates – 25 May, 2023) DLF Ltd, India’s leading listed real estate developer, has set a new record of annual sales in the Indian real estate industry with cumulative new transactions of AED 6,653,880,000 (INR 15,058 crores) in FY23, ending March 31st. This remarkable achievement was driven by the success of key project launches, including the luxury residential offering, The Arbour, The Grove located in Gurugram among others. DLF recorded sales of approximately AED 861,180,000 (INR 2,000+ crores) from NRI investors in the fiscal year 2022-2023. NRI investment has consistently played a crucial role in DLF’s residential portfolio, majority of which is driven by Non Resident Indians (NRIs) originating from the Middle East region, followed by USA, UK and Singapore.

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