DLF rebounds in Q2 as luxury demand drives ₹3,800 crore pre-sales

What happened: DLF pre-sales rose to ₹3,800 crore in Q2FY27 from ₹657 crore in Q1FY27, helped by The Dahlias and a sell-out at The Aureva in Gurugram. Pre-sales fell year-on-year on a high base. Key numbers: Q2FY27 pre-sales ₹3,800 crore; Q1FY27 ₹657 crore; H1FY27 about ₹4,500 crore; FY27 guidance ₹20,000 crore; two upcoming launches with ₹10,000-12,000 crore development value; medium-term pipeline Why it matters: Meeting FY27 guidance is a tall ask, and Nuvama said DLF's pedigree should help it navigate a Gurugram slowdown. Around 60% of its land bank is in NCR, a concentration risk.

DLF pre-sales rose to ₹3,800 crore in Q2FY27 from ₹657 crore in Q1FY27, helped by The Dahlias and a sell-out at The Aureva in Gurugram. Pre-sales fell year-on-year on a high base.

Meeting FY27 guidance is a tall ask, and Nuvama said DLF's pedigree should help it navigate a Gurugram slowdown. Around 60% of its land bank is in NCR, a concentration risk.