DLF Eyes ₹10,000 Crore Rental Revenue by FY30 with Big Expansion Plans

India’s leading real estate developer, DLF Ltd, is setting ambitious goals for the next five years. With a focus on scaling its rental income, the company aims to double its rental portfolio and touch ₹10,000 crore in rental revenue by FY30, backed by a major ₹20,000 crore investment.

A Massive Office Space Expansion Ahead

DLF, headquartered in Delhi-NCR, is gearing up to expand its office space significantly. According to its latest investor presentation, the company plans to add around 21 million square feet (msf) of office space, boosting the total to 60 msf from the current 39 msf.

“We are looking at doubling our portfolio of rental business in the next 5 years,” said DLF’s Chief Financial Officer, Badal Bagri, during a corporate presentation.

This massive expansion is expected to lay the foundation for a strong and consistent rental revenue stream over the coming years.

Retail Space Also in the Spotlight

In addition to office real estate, DLF has its eyes set on tripling its retail portfolio, growing from 4 msf to 12 msf in the next five years. Out of this, 8 msf is already under execution, with several projects nearing completion and expected to be delivered as early as next year.

The company’s expansion covers both office and retail real estate, ensuring diversified rental income.

Clear Targets and Strong Confidence

DLF’s top management is confident that with timely execution of its pipeline projects, it can hit its target rental revenue. The company has clearly outlined its goals and appears well-positioned to benefit from the growing demand for quality commercial and retail spaces in India.

If all goes as planned, DLF expects to hit ₹10,000 crore in rental revenue by FY30, give or take six months.

A Strategic Move for Long-Term Growth

DLF’s aggressive expansion is a strong signal of its long-term vision. By investing in new geographies and enhancing both office and retail space offerings, the company is preparing for sustained rental income growth and a bigger presence in the Indian commercial real estate market.