DLF targets ₹1 lakh crore sales pipeline in five years, keeps retail assets off REIT route
DLF is targeting a ₹1 lakh crore residential sales pipeline over the next four to five years, or about ₹20,000 crore annually, while retaining its 50 million sq ft retail and office portfolio rather than pursuing a REIT listing. The developer cited a ₹15,200 crore net cash position.
DLF targets a ₹1 lakh crore sales pipeline over four to five years and will not list commercial assets through a REIT, citing ₹15,200 crore net cash. The developer retains 50 million sq ft of retail and office property while expanding its buyer base beyond Mumbai and Delhi-NCR.