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

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code