Realty major DLF’s total rental income is likely to rise by 12 per cent to about Rs 2,900 crore in FY18 on better realisation from existing commercial assets and addition of new properties in Chennai and Delhi. DLF has earned a rental income of around Rs 2,600 crore in FY17.
Moreover, the company will add about one million sq ft area in FY18 in Chennai and the national capital.
DLF is one of India's biggest property developers. The company’s primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals.
