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DLF Expects To Sell Rs 15,000 Crore Unsold Inventory In Next 3-4 Years

Linking Aadhaar to land transactions will bring down land prices, says DLF. 

Construction workers walk atop of a building built by DLF in Gurgaon. (Photographer: Amit Bhargava/Bloomberg News)
Construction workers walk atop of a building built by DLF in Gurgaon. (Photographer: Amit Bhargava/Bloomberg News)

DLF Ltd. expects to sell unsold inventory worth Rs 15,000 crore in the next three-four years, its Executive Director Saurabh Chawla said.

The real estate sector as a whole will continue to struggle for the next 12-18 months, Chawla told BloombergQuint in an interview.

Any move by the government to link Aadhaar to land transactions will be positive for developers as it will bring down land prices, Chawla added.

Watch the full interview here.