Project Location ChennaiTamilnaduProject Background The company plans to take the national commercial portfolio to over 50 million sq ft once new projects are completedReal estate major DLF Limited will invest Rs 5000 crore in an IT park projectDLF Downtownin Chennais Taramani locality the company has stated a move aimed at expanding its portfolio of rent-yielding properties.The company will commence construction of the 2.5 million sq ft built-up area in the first phase and is expected to finish the entire project on a fast-track basis. The company will develop the subsequent phases over time DLF CEO Mohit GujralThe project is expected to be completed in six years and will help generate 70000 direct and 6000 ancillary jobs once operational.Chennai continues to strengthen its position as an ITITeS hub with increasing investment commitment from global companies making it our second-largest market after GurugramDLF earns an annual rental income of over Rs 3000 crore from commercial properties in Gurugram Chennai Hyderabad Kolkata and Chandigarh.
π Key Information
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Tender Reference No.
450674035
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Publication Date
24 Jan 2020
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Estimated Value
βΉ 50000000000
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Sector
Engineering
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Deadline
31 Dec 2026
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Notice Type
Projects
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Location
Gurugram
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Contract Duration
6 Years 11 Months 7 Days
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Documents & Downloads
No documents found
π·οΈ CPV
No CPV found
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