DLF Ltd., India’s largest listed real estate developer, reported a 16 percent year-on-year decline in sales bookings during the April–December period, underscoring a moderation in residential demand after a period of strong post-pandemic recovery. Sales for the nine-month period stood at Rs. 16,176 crore, compared with higher levels a year earlier. The slowdown reflects a high base effect, selective buyer sentiment, and a cautious approach among developers amid evolving interest rate dynamics.