亚博体育官网首页

DLF to Invest Rs 200 Bn in Commercial Realty Expansion
Real Estate

DLF to Invest Rs 200 Bn in Commercial Realty Expansion

Real estate giant DLF has announced plans to invest approximately Rs 200 billion in the medium term to develop commercial properties, including premium office and retail spaces.

In a corporate presentation to stock exchanges, DLF outlined its growth strategy, highlighting a significant capital expenditure commitment to expand its rental business. The investment will be spread across DLF Ltd and joint ventures like DLF Cyber City Developers Ltd (DCCDL), a partnership with GIC, where DLF holds a 67% stake.

DLF鈥檚 annuity business currently boasts an operational portfolio of 44 million square feet of rental assets with an impressive 93% occupancy rate. The company aims to expand this to 73 million square feet in the medium term.

Additionally, DCCDL has initiated the development of 5.5 million square feet of Grade A+ office spaces in the new phase of DLF Downtown, Gurugram and is also constructing DLF Mall of India, Gurugram, spanning 20 lakh square feet.

With a high-quality land bank and a focus on sustainable long-term growth, DLF continues to strengthen its position in India鈥檚 commercial real estate sector.

Real estate giant DLF has announced plans to invest approximately Rs 200 billion in the medium term to develop commercial properties, including premium office and retail spaces. In a corporate presentation to stock exchanges, DLF outlined its growth strategy, highlighting a significant capital expenditure commitment to expand its rental business. The investment will be spread across DLF Ltd and joint ventures like DLF Cyber City Developers Ltd (DCCDL), a partnership with GIC, where DLF holds a 67% stake. DLF鈥檚 annuity business currently boasts an operational portfolio of 44 million square feet of rental assets with an impressive 93% occupancy rate. The company aims to expand this to 73 million square feet in the medium term. Additionally, DCCDL has initiated the development of 5.5 million square feet of Grade A+ office spaces in the new phase of DLF Downtown, Gurugram and is also constructing DLF Mall of India, Gurugram, spanning 20 lakh square feet. With a high-quality land bank and a focus on sustainable long-term growth, DLF continues to strengthen its position in India鈥檚 commercial real estate sector.

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement