DLF-GIC JV DCCDL's rental income climbs 16% to ₹5,525 cr in FY26; retail rents up 11%
DCCDL, the DLF-GIC joint venture, posted a 16% jump in rental income to ₹5,525 crore in FY26, led by ₹4,550 crore office rent (+17%) and ₹975 crore retail rent (+11%). Profit surged 38% to ₹2,726 crore. Three new malls plus Gurugram's Atrium Place will expand the 4 mn sq ft retail portfolio.
What happened
DLF-GIC JV DCCDL's rental income rose 16% to Rs 5,525 crore in FY26, with retail rents up 11% to Rs 975 crore. Three new shopping malls and Gurugram's Atrium
Key facts
- Rs 5,525 crore rental income (+16%)
- Rs 4,550 crore office rent (+17%)
- Rs 975 crore retail rent (+11%)
- 44.3 mn sq ft portfolio
- 4 mn sq ft retail
- Rs 7,393 crore revenue
- Rs 2,726 crore profit (+38%)
Why this matters
The pipeline of three new malls and Atrium Place positions DCCDL to consolidate prime urban retail real estate, raising the bar for competing mall operators and JV partnership economics.