Project News Detail
| Project No : | 205228 |
|---|---|
| Project Title : | DLF to invest Rs 10,000-cr for premium offices, shopping malls in India. |
| Company Name : | Private Company |
| Project Detail : | Real estate giant DLF Group will invest Rs 10,000 crore over FY25 and FY26 to expand its portfolio of high-end commercial assets, including premium office spaces and shopping malls, aimed at increasing its rental income. The company currently has 45 million sq. ft. of commercial assets, comprising 41 million sq ft of office and four million sq. ft. of retail space, generating annual rental income of over Rs 5,000 crore. To leverage quality and cost-efficiency advantages of Grade A++ commercial real estate , DLF is constructing major commercial developments across Gurugram, Chennai, Delhi, and Noida. DLF operates largely through its JV firm DLF Cyber City Developers (DCCDL), where it holds a 66.67 percent stake and Singapore’s GIC owns 33.33 percent. Additionally, DLF has a JV with US-based Hines for a three million sq. ft. office project in Gurugram. Currently, over 17 million sq. ft. of commercial space is under construction, with six million sq. ft. expected to be completed this financial year. New projects include two shopping malls and multiple office complexes. |
| Project Location : | Multi Location (Multi State) - Multi State - India |
| Project Estimation : | Refer Document |
| Status : | Announced |