DLF Says Sold 1137 Luxury Flats In 3 Days For 8000 Crore Rupees In Gurugram Share Jumps High

DLF Update: There is a decline in the stock market but there is a great boom in the stock of real estate sector giant DLF. The reason is the excellent response received by DLF’s housing project in Gurugram. In the information given to the stock exchanges, DLF said that the company has sold 1137 luxury flats worth more than Rs 7 crore in the housing project launched in Gurugram for Rs 8000 crore in just 3 days.

On one hand, the interest rates on home loans are increasing. On the other hand, the clouds of global economic crisis are hovering. Despite this, DLF has informed in a regulatory filing that flats worth Rs 8000 crore have been sold in just 3 days in the pre-formal launch of its luxury high-rise residence The Arbor. The company is going to build 1137 apartments with 4 bedrooms in this project spread over 25 acres. These flats will be constructed in 5 towers of 38 to 39 storeys. This project is located on Golf Course Extension Road in Sector-63, Gurugram. DLF told that all the flats of the project have been sold in just 3 days in the pre-launch.

Akash Ohri, Group Executive Director and Chief Business Officer, DLF said, “Our latest luxury offering The Arbor has received an overwhelming response even before its launch. He told that 95 percent of the buyers are such who have bought this apartment for their own use. Akash Ohri said that there is a tremendous demand for all price points in the real estate sector. Especially if the project comes from good and reliable developers, then it is getting good response.

Due to this news, a great boom is being seen in the stock of DLF on Thursday. DLF’s stock is trading close to Rs 355 with a gain of 2.68 per cent. The stock has also touched the level of 360 during the day. The market cap of DLF is Rs 87,836.

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