| Development Business | Residential and select commercial sales including super luxury, luxury, and mid-income housing | Unique large land bank, integrated township model, brand leadership, and diversified residential offerings | Primarily retail homebuyers (B2C) and some corporate clients (B2B) | Super luxury and luxury residential projects generate highest margins | 6000 | 67 | Revenue from sale of residential and commercial real estate units | One-time sales revenue realization upon project completion and handover | Strong demand for premium homes, urbanization, infrastructure development, and brand trust | The Dahlias, Privana South, The Arbour, Garden City Enclave |
| Rental Business (Annuity) | Leasing of Grade A office spaces, retail malls, hospitality and commercial complexes | Established premium commercial spaces with high occupancy, strategic location, and superior amenities | Corporate tenants, retailers, service providers (B2B) | Office rentals and luxury retail malls yield high margins | 2996 | 33 | Steady recurring rental income and service fees from office, retail, and hospitality properties | Long-term leases with escalations providing stable cash flow | High occupancy rates (~94%), rental escalation, and expansions of office and retail space portfolios | DLF Cyber City, DLF Emporio, DLF Mall of India, DLF Downtown Gurugram & Chennai |
