Real estate major DLF Ltd. announced that it will launch a senior living housing project in Gurugram during the current quarter, with an estimated revenue potential of around Rs 2,000 crore, as part of its broader expansion strategy. With this planned launch, India’s largest real estate developer will formally enter the senior living housing segment.
During a conference call with analysts, DLF Ltd. Managing Director Ashok Tyagi stated that housing demand in Gurugram, the company’s core market, continues to remain strong. Moreover, he highlighted that demand remains particularly resilient for credible and established developers.
Despite softer sales performance in the December quarter, Tyagi expressed confidence in the company’s ability to achieve its annual targets. “We stay confident to meet the original sales bookings guidance,” Tyagi told analysts. He further confirmed that the company will soon launch the senior living project in Gurugram, which carries an estimated sales value of Rs 2,000 crore.
Later in the year, DLF Ltd also plans to introduce additional projects across Gurugram, Mumbai, Panchkula, and Goa, thereby strengthening its residential portfolio across key domestic markets.
Meanwhile, DLF Ltd reported a 16 percent decline in sales bookings to Rs 16,176 crore during the first nine months of the current fiscal year, compared to Rs 19,187 crore in the corresponding year-ago period. However, during the 2024–25 financial year, the company achieved a record-high sales booking of Rs 21,223 crore, underscoring the underlying strength of its business.
DLF Group primarily operates in the development and sale of residential properties, which constitutes its Development Business, and in the development and leasing of commercial and retail assets, which forms its Annuity Business. To date, the group has developed more than 185 real estate projects, covering a total area exceeding 352 million square feet.
With the upcoming senior living project and a robust pipeline across multiple cities, DLF Ltd continues to reinforce its long-term growth strategy. By diversifying into emerging residential segments while leveraging its strong brand credibility and execution capabilities, the company aims to sustain leadership across India’s evolving real estate landscape.
