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DLF targets Rs 25 bn sales in 2018-19, expects to be debt free by March

The KP Singh-led company is also working on a few new projects in both the commercial and residential segment.

The firm is working on a few new projects in both the commercial and residential segments
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The firm is working on a few new projects in both the commercial and residential segments

Karan Choudhury New Delhi
New Delhi: Banking on its Rs 140 billion ready-to-move-in inventory, the country’s largest real estate developer, DLF, on Tuesday said it was looking to more than double its sales bookings to Rs 25 billion during the current financial year. 

The company has also set a deadline of next March to be debt-free.

The KP Singh-led company is also working on a few new projects in both the commercial and residential segment. While DLF’s net sales bookings stood at around Rs 9.50 billion in 2016-17 (it had suspended sales during the May-October 2017 period to comply with the Real Estate Regulatory

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