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.

— Filed Mon, 18 May, 2026, 17:17 IST · Source Outlook Business · Updated

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 Place will expand its 4 mn sq ft retail portfolio.

Why this matters

DCCDL's rental momentum offsets DLF's flat FY27 pre-sales guidance of ₹20-22k cr, where the developer is trading bookings growth for margin discipline.

Retail-company signals steady at 520 in 90d, reflecting consistent mall and rental asset activity.