DLF to Invest ₹10,000 Cr in Premium Offices, Malls by FY27 Across Major Cities

India's top realty player, DLF Group, is gearing up for a massive commercial expansion, with plans to invest ₹10,000 crore by FY27 to strengthen its portfolio of income-generating office and retail spaces across key cities. Industry insiders indicated that this push comes at a time when India's Grade A++ commercial assets are gaining global attention for their premium quality at competitive prices.

Strategic Focus on Delhi-NCR and Chennai

To seize this momentum, DLF is actively constructing new commercial assets in Gurugram, Chennai, Delhi, and Noida. With a significant licensed land bank at its disposal, the company is focusing on developing high-end office spaces and malls to boost rental income. The projected investment of ₹10,000 crore will be spread across the current and upcoming fiscal years, with a capital and approval expenditure of ₹5,000 crore earmarked for both FY26 and FY27.

A Growing Commercial Portfolio

DLF currently operates 45 million sq ft of commercial real estate, which includes 41 million sq ft of office space and 4 million sq ft of retail assets. These properties collectively generate more than ₹5,000 crore in annual rental revenue. Around 43 million sq ft of this portfolio is managed through its key joint venture, DLF Cyber City Developers Ltd (DCCDL), where DLF holds a 66.67% stake and Singapore’s sovereign fund GIC owns 33.33%.

Joint Ventures & Major Developments

Besides its GIC alliance, DLF has collaborated with U.S.-based Hines to build a premium 3 million sq ft office tower in Gurugram, where DLF owns a 67% stake. As part of its broader expansion plan, the group is planning and developing 28 million sq ft of new commercial space, out of which 17 million sq ft is already under active construction. Notably, over 6 million sq ft is expected to be completed within the current fiscal year itself.

New Projects Underway

DLF is currently developing two large-scale malls in Gurugram and Noida to tap into the growing urban consumer base. Meanwhile, new office complexes are taking shape in Gurugram and Chennai, further reinforcing DLF’s position in India’s corporate infrastructure segment. The group is also venturing into digital infrastructure with the construction of a data center in Noida, signalling diversification within the commercial real estate spectrum.

Disclaimer: This news article is based on publicly available information and industry updates. Readers are advised to verify independently before making investment or business decisions.