There's no slowdown in luxury residential market, says DLF

DLF, India's largest real estate developer, reports no slowdown in luxury residential market, asserting removal of indexation benefits in budget won't significantly impact sales. Executives express confidence in boosting cash flows and profitability through super-luxury segment launches this fiscal year. Fiscal Q1 sees 23% YoY rise in consolidated net profit to ₹646 crore, with revenue climbing 14% to ₹1,730 crore; sales bookings surge over three-fold to ₹6,404 crore.