Talwar was unanimously elected in its recently held annual general meeting (AGM), DLF said in a statement.
He is presently the chairman of industry body National Real Estate Development Council (NAREDCO).
Rajeev Talwar has nearly four decades of experience in public service and business roles.
"...I look forward to play a meaningful role in further strengthening PHDCCI's role as the voice of Indian industry and playing a catalytic role in the economic development of the country. We will work closely with the government on several issues and look forward to putting Indian industry and the country on the global map," Talwar said.