Recording a sterling performance in the real estate sale segment, the leading real estate player DLF recorded a 46% increase in its sales bookings for the first nine months (April-December 2013) of this financial year. The mega builder achieved this performance at a time when other developers, are not finding enough buyers, thereby slowing their property sales stats. Defying the downturn, which has gripped not just the domestic real estate market but also the global economy, DLF recorded sales booking of Rs 3,760 crore for the first nine months of the financial year 2013-14. According to the company's presentation to the analysts, it sold an area of 3.32 million sq ft during the first nine months, with launches in Gurgaon and other micro markets but at the same time it also remained cautious in launching new projects and is going for premium projects, which offer high margins.

In his observation, KimEng analyst Anubhav Gupta opined that DLF is definitely bucking the trend, but the coming quarters would be tough for the real estate giant, and it would be difficult to maintain these sales numbers as the sales are largely coming from one or two luxury projects in Gurgaon. It may be recalled that during the first half of the current financial year, DLF had posted a 139% increase in sales. It is worth mentioning here that other major real estate players including Unitech, HDIL, Oberoi Realty and Godrej Properties have been facing headwinds as their property sales have dwindled, and they are not finding enough buyers for their real estate units.