Rs 20,000 Crore Investment: DLF's Bold Commercial and Residential Play

DLF, a leading real estate developer, plans to launch residential projects worth an estimated Rs 73,900 crore in the medium term, according to its corporate presentation. These projects will span 29 million sq. ft. (msf) across premium, luxury, and super-luxury segments, with luxury housing dominating at 26 msf, contributing Rs 68,400 crore in potential sales.

The upcoming launches include 2.3 msf of ultra-luxury housing and 1 msf of premium housing. Additionally, DLF will invest Rs 20,000 crore to complete 7.5 msf of previously launched residential projects, expecting to generate Rs 50,000 crore in surplus cash from ongoing and future developments.

With a robust land bank ensuring growth for the next 20 years, DLF continues to lead in residential development while expanding its annuity business through commercial leasing. The company plans to invest another Rs 20,000 crore to develop 21 msf of office space and eight msf of retail space through DLF, DLF Cyber City Developers (DCCDL)—a joint venture with Singapore’s GIC—and its U.S.-based partnership with Hines, Atrium Place.

In its Q3 FY25 investor presentation, DLF announced that DCCDL has started constructing 5.5 msf of Grade A-plus office space at DLF Downtown, Gurugram, along with the 2 msf Mall of India in Gurugram.

News by Rahul Yelligetti.