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

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

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


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

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code