DLF-GIC JV's rental income climbs 16% to Rs 5,525 cr in FY26; retail rent up 11%
DCCDL, the DLF-GIC joint venture, posted a 16% YoY rise in rental income to Rs 5,525 cr in FY26, with retail rent up 11% to Rs 975 cr across a 4 mn sq ft retail portfolio. Three new malls and the Atrium Place office complex are slated to bolster the 44.3 mn sq ft annuity book. Net profit stood at Rs 2,726 cr.
What happened
DLF-GIC JV DCCDL's rental income rose 16% to Rs 5,525 cr in FY26, with retail rent up 11% to Rs 975 cr. Three new shopping malls and Atrium Place office complex
Key facts
- Rs 5,525 cr rental income
- 16% YoY growth
- Rs 975 cr retail rent
- 11% retail rent growth
- 44.3 million sq ft portfolio
- 4 million sq ft retail area
- Rs 2,726 cr profit
Why this matters
The DLF-GIC JV's expanding 44.3 mn sq ft annuity platform, augmented by three new malls and Atrium Place, reinforces the strategic value of premium retail-office bundling for future partnership or asset-recycling structures.