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General Tender

πŸ›οΈ JOINT VENTURE OF DLF LIMITED AND GIC
πŸ“„ Tender ID: 450674035 πŸ“… Published: 24 Jan 2020 πŸ“ Gurugram

πŸ“‹ Tender Overview

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.

πŸ” Key Information

πŸ“„
Tender Reference No.
450674035
πŸ“…
Publication Date
24 Jan 2020
πŸ’°
Estimated Value
β‚Ή 50000000000
🌐
Sector
Engineering
πŸ“…
Deadline
31 Dec 2026
πŸ“
Notice Type
Projects
πŸ“
Location
Gurugram
πŸ“‘
Contract Duration
6 Years 11 Months 7 Days

πŸ“ Documents & Downloads

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🧭 Quick Facts

Authority JOINT VENTURE OF DLF LIMITED AND GIC
Country India
State / UT N/A
Tender Type Project Information
Currency INR
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