DLF to expand housing, commercial property biz: Chairman Rajiv Singh

Realty major DLF will focus on expanding its business to develop residential and commercial projects and is entering new markets Mumbai and Goa to tap into growth opportunities, its Chairman Rajiv Singh said.

In his message to shareholders in the annual report, Singh said the company will continue to focus on corporate governance, operational excellence and upholding the value of the company's founders.

"Our focus is to expand both our businesses, residential and commercial. The residential business continued its growth momentum, we witnessed an uptick in new sales bookings, coupled with record sales collections.

"The markets response to our products continues to be very encouraging. It is with this conviction that we are entering new geographies like Mumbai and Goa," he said.

While the company continues to launch new projects in Delhi-NCR, Singh said the company's strategy is to introduce a diverse range of offerings to meet the aspirational needs of the market.

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