DLF to invest Rs500 crore on developing IT park in Chennai - News Summed Up

DLF to invest Rs500 crore on developing IT park in Chennai


DLF has an IT SEZ in Chennai, comprising 5.7 million sq ft of area. New Delhi: Realty major DLF will invest about Rs.500 crore to develop an IT Park in Chennai as the commercial real estate market has picked up in major cities. The country’s largest realty firm has exhausted its commercial space stock by leasing out over 32 million sq ft. We have now commenced construction of about 1.6 million sq ft and will bring the best tenant and employee experience in Chennai,” DLF CEO (rental business) Sriram Khattar told PTI. The company has an IT SEZ in Chennai, comprising 5.7 million sq ft of area.


Source: Mint September 11, 2016 09:22 UTC



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