DLF rolls out a plotted development project: Parc Estate in Chennai
Real Estate

DLF rolls out a plotted development project: Parc Estate in Chennai

DLF Ltd, India’s biggest real estate company, has rolled out a plotted development project Parc Estate off the Old Mahabalipuram Road, in Chennai.

The 85-acre project will include 1,500 plots for sale, with plot sizes varying from 600 sq ft to 4000 sq ft, at a cost range of Rs 20 lakh to Rs 1.25 crore.

The first of the project's three phases has approximately 750 plots up for sale. The firm has additionally rolled out plotted projects in Chandigarh and Gurugram.

Chennai has maintained steady development in terms of infrastructure, connectivity and urban facilities and emerged as a significant residential market where buyers can infuse with confidence. For them, Chennai has come up as a strategic market in the south of India, and it will be the first of many residential launches coming up in the future. Apart from being an auto manufacturing centre, rising penetration of the IT or ITES industry has led to an influx of a younger population looking to infuse in real estate, as per Aakash Ohri, group executive director and chief business officer, DLF.

Over the past two years or so, DLF has rolled out projects in different product formats including second homes, independent floors, apartments and plots given the demand for larger homes in the course of the covid-19 pandemic.

The developer has a significant launch pipeline shortly, that includes projects not only in its core market Delhi-National Capital Region but also in Goa, Kerala and Tamil Nadu.

DLF is at the planning stage for a 230-acre, mixed-use project in Sriperumbudur, that will contain low rise houses, plots and is also exploring logistics space and a data centre at the site. It is additionally rolling out a million sq ft of high-end residences in Chennai.

Image Source

DLF Ltd, India’s biggest real estate company, has rolled out a plotted development project Parc Estate off the Old Mahabalipuram Road, in Chennai. The 85-acre project will include 1,500 plots for sale, with plot sizes varying from 600 sq ft to 4000 sq ft, at a cost range of Rs 20 lakh to Rs 1.25 crore. The first of the project's three phases has approximately 750 plots up for sale. The firm has additionally rolled out plotted projects in Chandigarh and Gurugram. Chennai has maintained steady development in terms of infrastructure, connectivity and urban facilities and emerged as a significant residential market where buyers can infuse with confidence. For them, Chennai has come up as a strategic market in the south of India, and it will be the first of many residential launches coming up in the future. Apart from being an auto manufacturing centre, rising penetration of the IT or ITES industry has led to an influx of a younger population looking to infuse in real estate, as per Aakash Ohri, group executive director and chief business officer, DLF. Over the past two years or so, DLF has rolled out projects in different product formats including second homes, independent floors, apartments and plots given the demand for larger homes in the course of the covid-19 pandemic. The developer has a significant launch pipeline shortly, that includes projects not only in its core market Delhi-National Capital Region but also in Goa, Kerala and Tamil Nadu. DLF is at the planning stage for a 230-acre, mixed-use project in Sriperumbudur, that will contain low rise houses, plots and is also exploring logistics space and a data centre at the site. It is additionally rolling out a million sq ft of high-end residences in Chennai. Image Source

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?