India, Jan. 23 -- DLF Ltd announced on January 23 that, as part of its expansion strategy, it will foray into the senior living housing segment. The company plans to launch a project in Gurugram this quarter, with an estimated revenue potential of around Rs.2,000 crore.
The housing demand in Gurugram continues to be robust, especially for credible developers and the company would be able to meet the pre-sales target of Rs.20,000-22,000 crore during this fiscal, despite poor sales bookings in the latest December quarter, DLF Ltd Managing Director Ashok Tyagi said at a conference call.
"We stay confident to meet the original sales bookings guidance," Tyagi told analysts.
As for the lukewarm sales of Rs.419 crore in the third quarter, he ...
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