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 Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..