DLF Limited (formerly Delhi Land & Finance) is an Indian commercial real estate development company founded by Chaudhary Raghvendra Singh in 1946, and it is based in New Delhi, India. With 75 years of real estate investments, development, and management experience, DLF has an unparalleled scale of delivery and an unmatched track record of customer-centric service excellence in India.
Today, DLF stands as India's largest real estate firm in market capitalisation. The company is headed by Rajiv Singh, who is the current chairman of the DLF Group. According to the Forbes listing of richest billionaires in 2023, Kushal Pal Singh, Chairman Emeritus, is the 19th richest man in India with a net worth of US$8.8 billion.
DLF Limited is engaged in the business of colonisation and real estate development. The company operations span all aspects of real estate development from the identification and acquisition of land to planning execution construction and marketing of projects. It is also engaged in the business of leasing, generation of power, provision of maintenance services, hospitality, and recreational activities.
The company operates across an extensive geographical footprint, with its operations span across 15 states and 24 cities. Its popular brands include DLF Promenade, DLF Emporio, DLF Place, and DLF Cyber City.
The company is one of the largest domestic real estate developers, primarily engaged in the development and sale of residential properties like high-rise condominiums, low-rise independent floors, plotted development, Shop-cum-Offices, etc. As of Q2 FY25, it has developed over 180 real estate projects covering an area of over 351 million square feet (MSF).
It is credited for developing many well-known urban colonies in Delhi, including South Extension, Greater Kailash, Kailash Colony, and Hauz Khas, and one of Asia's largest private townships, DLF City, in Gurgaon, Haryana.
DLF is primarily engaged in the business of the development and sale of residential properties (the Development Business) and the development and leasing of commercial and retail properties (the Annuity Business). The group has an annuity portfolio of over 45 million square feet.
DLF maintains a market cap of ₹2,06,936 crore as of recent data, making it the largest real estate company in India by market value.
For the full financial year, DLF's net profit surged 60 per cent to ₹4,367 crore from ₹2,723.53 crore in FY24. Revenues rose to ₹7,993.66 crore in FY25, up from ₹6,427 crore in the previous year.
DLF's revenue from operations grew 46 per cent Y-o-Y to ₹3,127.58 crore in Q4FY25, compared to ₹2,134.84 crore in the same quarter last year. Total income for the March quarter rose 44 per cent to ₹3,347.77 crore from ₹2,316.7 crore a year ago. DLF Ltd's net profit jumped 39.26% since last year same period to ₹1,282.20Cr in the Q4 2024-2025.
DLF said its development business maintained a strong growth trajectory, posting record new sales bookings of ₹21,223 crore in FY25. This marked a year-on-year growth of 44 per cent.
The board has recommended a dividend of ₹6 per equity share of face value ₹2 for FY25, subject to shareholder approval.
Its latest super-luxury offering, The Dahlias, generated new sales bookings worth ₹13,744 crore during the fiscal, resulting in the monetisation of approximately 39 per cent of the project's estimated total sales potential in its first year.
DLF Ltd plans to invest ₹5,500 crore in the DLF Privana North luxury housing project in Gurugram, targeting record sales bookings amid strong demand. The company reported record sales bookings of ₹21,223 crore for 2024-25, a 44% increase from the previous year, and aims to launch more properties worth over ₹17,000 crore this fiscal year.
DLF Group is set to invest Rs 10,000 crore over the next two years to expand its premium office and mall spaces, targeting increased rental income. The company aims to enhance its commercial footprint in key urban centers, supported by strong demand and strategic partnerships.
DLF aims for ₹20,000-22,000 crore in pre-sales for FY26, focusing on high-margin launches and strong cash flows. The company anticipates a rental income run rate of ₹7,500 crore by March 2026, despite a muted sales outlook in the near term.
DLF Group has 280 million square feet of development potential across residential and commercial segment including current projects under execution and the identified pipeline.
The company continues to focus on luxury housing segments, with the company projects flat sales for FY26, driven by luxury home demand. DLF has been recognised for its sustainability initiatives, and has received awards for its green buildings and energy efficiency initiatives.
