DLF Fuels Growth: ₹10,000 Cr for Premium Properties

Real estate major DLF Group plans to invest ₹10,000 crore over FY25 and FY26 to expand its portfolio of high-end commercial properties, including premium office spaces and shopping malls, with the goal of boosting rental income.

Currently, DLF owns 45 million sq. ft. of commercial assets — 41 million sq. ft. of office space and four million sq. ft. of retail — generating over ₹5,000 crore in annual rental income. To capitalize on the quality and cost-efficiency of Grade A++ commercial real estate, the company is developing major projects across Gurugram, Chennai, Delhi, and Noida.

DLF primarily operates its commercial portfolio through its joint venture, DLF Cyber City Developers Ltd. (DCCDL), in which it holds a 66.67% stake, with the remaining 33.33% owned by Singapore’s GIC.

Additionally, DLF has partnered with U.S.-based Hines for a 3 million sq. ft. office project in Gurugram. Currently, over 17 million sq. ft. of commercial space is under development, with 6 million sq. ft. scheduled for completion in FY25. Upcoming projects include two new shopping malls and several office complexes.

News by Rahul Yelligetti.