DMRC General Manager (Property Development) Recruitment 2026

About This Job

DMRC is hiring 2 General Manager (Property Development) posts on deputation or Post Retirement Contractual Engagement (PRCE) basis. If you are a senior officer from a State Govt, Central Govt, or Autonomous body with 18 years of service at the Gazetted/Executive level, you can apply. The last date to send your application is 29 June 2026. Salary is at Pay Level 14 (Rs. 1,44,200 to Rs. 2,18,200 per month) for deputation candidates, and a consolidated fee of Rs. 1,82,500 per month for PRCE candidates.

Delhi Metro Rail Corporation (DMRC) General Manager (Property Development) Recruitment 2026 - 2 Posts

Delhi Metro Rail Corporation (DMRC) Ltd. — a joint venture of the Government of India and the Government of NCT of Delhi — has released Advt. No. DMRC/PERS/22/HR/2026 (230) dated 08/05/2026 for filling up 2 HOD-level General Manager posts in the Property Development department. These are senior leadership roles in charge of augmenting DMRC's non-fare box revenue through property development, transit-oriented development, and station commercialization. The initial posting will be in Delhi/NCR, with possible transfers to other DMRC offices or project sites in India or abroad.

Vacancy Details

• General Manager / Property Development (Post Code 01/GM/PD): 2 posts

Vacancies are provisional and may increase or decrease at DMRC's discretion. The selected candidates can be engaged on either Deputation basis or Post Retirement Contractual Engagement (PRCE) basis.

Who Can Apply?

Educational Qualification

• Essential: Graduate in any field from a Government-recognised university or institute with at least 60% marks (full-time degree only).

Desirable Qualifications

• MBA in Finance, Marketing, Infrastructure, or Real Estate from a reputed institution
• Additional qualification or certification in Contract Management (FIDIC / PPP certifications)
• Qualification in Real Estate or Urban Planning

Essential Experience

• 10 years in contract management at senior administrative or decision-making level
• 5 years in handling large-value PPP, concession, or infrastructure contracts
• Experience in Railways, Metro, Urban Infrastructure, CPWD, NBCC, DDA, RLDA, Smart Cities, or Government PSUs
• You must be currently working at or have worked at a senior administrative/decision-making level in any State Govt, Central Govt, or Autonomous body
• You must be free from D&AR and Vigilance issues

Desirable Specialised Experience

• Transit-Oriented Development (TOD)
• Station commercialisation or airspace development
• Land monetisation and asset recycling models

Age Limit

• For Deputation: Maximum 55 years (as on 01-05-2026)
• For Post Retirement Contractual Engagement (PRCE): Minimum 55 years and maximum 62 years (as on 01-05-2026)

Salary

• For Deputation candidates: CDA Pay Scale at Level 14 (Rs. 1,44,200 to Rs. 2,18,200 per month) as per 7th CPC, or IDA pay scale of Rs. 1,20,000 to Rs. 2,80,000 per month. You will continue to draw your parent department pay plus deputation allowance as per rules.
• For PRCE candidates: Consolidated fee of Rs. 1,82,500 per month. The amount is fixed based on your last substantive grade.
• You need a total of 18 years of service at Gazetted or Executive level in the relevant field.

Selection Process

The selection method depends on the basis of application:

1. For Deputation candidates: Personal Interview only
2. For PRCE candidates: Personal Interview followed by a Medical Fitness Examination (Executive/Technical category)
3. Final Result: Declared by the fourth week of June 2026 (tentative)

The screening will judge knowledge, skills, comprehension, aptitude, and physical fitness. Candidates who fail the medical test will not be given any alternative employment.

How to Apply

1. Download the application format from the official DMRC website at delhimetrorail.com.
2. Fill the application form (Annexure-I) in capital letters and attach a passport-size photo.
3. Get the Vigilance and D&AR clearance form (Annexure-II) signed by your CVO or HOD.
4. Attach copies of educational certificates, work experience proof, APARs of last 5 years, NOC from employer, last pay certificate, and last promotion order.
5. Submit the application through proper channel — your Cadre Controlling Authority must forward it.
6. Send the duly filled application by Speed Post to: General Manager (HR), Delhi Metro Rail Corporation Ltd., Metro Bhawan, Fire Brigade Lane, Barakhamba Road, New Delhi.
7. Or email the scanned application and documents to career@dmrc.org with the advertisement number in the subject line.
8. Applications must reach DMRC by 29 June 2026. Late or incomplete applications will be rejected.

Important Dates

• Notification Date: 8 May 2026
• Last Date for Receipt of Application: 29 June 2026
• Eligibility Cut-off Date: 1 May 2026
• Shortlist Publication: Second week of June 2026 (tentative)
• Screening / Interview: Third week of June 2026 (tentative)
• Final Result: Fourth week of June 2026 (tentative)

• Lead end-to-end planning, development, monetisation, and management of property assets and commercial business linked to metro systems
• Formulate and execute property development and monetisation strategy aligned with DMRC's non-fare box revenue targets
• Identify and structure Transit-Oriented Development (TOD), airspace development, and station redevelopment projects
• Oversee the full contract lifecycle — bid structuring, tendering (RFQ/RFP), evaluation, award, and post-award management
• Draft concession agreements, lease deeds, and development agreements ensuring proper risk allocation and bankability
• Liaise with government authorities such as MOHUA, DDA, MCD, NDMC, NBCC, and RLDA for approvals and statutory compliances
• Prepare and evaluate financial models (IRR, NPV, viability analysis) for property development projects
• Lead multidisciplinary teams across legal, finance, engineering, and operations and ensure audit compliance and ethical practices