KLA Tencor leases 3.2 lakh sq ft at DLF Downtown

28 Jun 2023 CW Team

According to three persons with knowledge of the transaction, KLA Tencor, a California-based manufacturer of process control systems, has leased 3,20,000 square feet of office space in Chennai's new DLF Downtown Taramani.

Although they omitted financial information, they claimed that the transaction was one of the biggest commercial leasing deals the city had ever seen. Within the next three months, the company is anticipated to move to the new office, they stated.

The transaction advisor for the deal was the international property firm CBRE. The initial phase of DLF Downtown at Taramani in Chennai should be finished in the coming months, according to Sriram Khattar, managing director of DLF's rental division. He did not comment on the deal, though.

"It's more than 80% rented, and we're certain we can lease the remaining space before this phase of the project is finished.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..