MoneyWorks4Me

DLF to garner Rs 2,500 crore as office rental income by 2014-15 fiscal

17 Dec 2012 Evaluate

DLF is expecting an annual growth of 20% in office rental income which will touch Rs 2,500 crore by 2014-15 fiscal. The company will garner the same with likely appreciation in rent value and new leasing.

In 2011-12 fiscal, the real estate major has earned about Rs 1,500 crore and is currently having Grade ‘A’ office leasing portfolio of 27 million sq ft, of which 15 million sq ft is in Gurgaon and rest is in the National Capital, Chennai, Hyderabad, Kolkata, Pune and Chandigarh.

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1436.10
Dilip Buildcon 405.95
DLF 626.10
Oberoi Realty 1711.20
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