DLF Ltd, the poster boy of the K-shaped post-pandemic economic recovery, is on solid ground. In the September quarter (Q2FY24), pre-sales or bookings rose 9% year-on-year to ₹2,228 crore, with the majority of bookings accruing from existing projects. There were no new material launches in Q2. But the second half is looking great, a big part of DLF’s FY24 launch target of 11.2 million square feet (msf) with sales potential of ₹19,710 crore, it is implemented.
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