Potential slowdown in high-ticket demand in Gurgaon
Analyst raised concern about slower sales in INR 7 crore+ category; management denied seeing any slowdown but acknowledged market noise.
DLF / Q1-FY25 / risks
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DLF · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
medium
Execution delays in new project launches
Mumbai project launch pushed to December; Lux 5 and Goa launches dependent on approvals; any delay could impact FY25 pre-sales.
Margin volatility due to product mix in reported numbers
Reported margins impacted by mix of older projects (e.g., Camellias); embedded margins on new launches remain healthy but reported margins may fluctuate.