DLF stock in focus as Gurugram luxury retirement housing project sees strong demand
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓DLF shares are in focus on Monday after the developer sold out The Aureva, its luxury retirement project in Gurugram, for Rs 1,985 crore.
- ✓Aakash Ohri said, "This project's strong market performance underscores the growing demand for premium, experience-led residential offerings in India." The project features 172 luxury residences.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Today
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
DLF Ltd shares are in focus on Monday after the real estate developer announced the complete sell-out of The Aureva, its luxury retirement housing project in Sector 63, Gurugram, with the project achieving sales of around Rs 1,985 crore.
The Aureva comprised 172 luxury residences spread across approximately 4.17 acres, with a total saleable area of more than 7.5 lakh square feet. The project has been designed for the retirement segment, with a focus on luxury, wellbeing, convenience, healthcare access and community living.
DLF shares closed at Rs 662.60 on Friday, down 1.40% from the previous close of Rs 672.
Commenting on the project, Aakash Ohri, Managing Director and Chief Business Officer, DLF Home Developers Ltd, said, "The Aureva represents DLF's vision of redefining luxury retirement housing in India." He added that the project brings together "wellness, hospitality, healthcare, and luxury living" within a residential ecosystem focused on wellbeing, convenience and community.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Business Today
Read the full, original unfiltered story directly on the publisher's portal.