Dlf, Oberoi Realty and more
The brokerage has an “add” rating on the stock. The company intends to launch new projects of more than 8 million square feet (msf). It is also targeting an annual reservation rate of at least Rs 40 billion. This is against pre-COVID bullion levels of Rs 20-25. “With new inventory coming up for sale at its independent floors across DFL City, Gurugram, new Gurugram and Tri-City, Chandigarh, we expect DLF to also record Rs 10 billion in the second quarter of fiscal 22” , said ICICI Securities.
(Edited by : Ajay Vaishnav)