DLF to spend 40% of yearly capex on commercial projects in Chennai

15 Mar 2023 CW Team

The real estate developer DLF plans to spend roughly 40% of its annual capex to finish its current commercial projects in Chennai, which is the company's second-largest market outside of Delhi-NCR.

The company invests between Rs 12 and Rs 15 billion in developing commercial assets in its current markets.

The company intends to invest Rs 11 billion for the first phase of construction in Chennai; of this, about Rs 7 billion has already been incurred. In Chennai, DLF is presently building its second-largest project for a cost of almost Rs 50 billion.

DLF Downtown, a 6.8 million-sq-ft office building, is planned to be finished between 2026 and 2027.

DLF Downtown at Taramani's Phase 1 is currently nearing completion and will provide extra cash.

DCCDL, the Rental arm of India's largest real estate company DLF today announced the completion of 15 years of its commercial activities in Chennai.

The business estimates that over the next four years, commercial properties in Chennai will account for about 25% of its rental income. Retail and commercial properties owned by DLF Cyber City Developers (DCCDL) and the DLF portfolio produce rental income for DLF. In Manapakkam, Chennai, DCCDL already runs a 7.4 million-sq-ft IT SEZ that brings in roughly Rs 6 billion each year in rental income.

Also read:
Godrej Properties acquires 28 acres land parcel in Bengaluru
More than 3,000 properties registered in Mumbai in just 11 days

Infrastructure Transport

28 Oct 2025

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..

Driving Infrastructure Forward with Trustworthy AI

At its Year in Infrastructure 2025 conference in Amsterdam, Bentley Systems reaffirmed its vision for trustworthy AI and connected digital ecosystems shaping the future of infrastructure engineering. The company unveiled AI-powered design applications and Bentley Infrastructure Cloud Connect, a unifying platform connecting data, workflows and professionals across the project lifecycle.“AI is poised to transform infrastructure,” said Nicholas Cumins, CEO, Bentley Systems. “At Bentley, our vision is for AI to empower engineers – not replace them. Trustworthy AI, built on infrastruct..