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

DLF to spend 40% of capex on projects in Chennai

DLF plans to spend roughly 40 per cent 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.12-15 billion in developing commercial assets in its current markets...

DLF plans to spend roughly 40 per cent 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.12-15 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 `7 billion has already been incurred. DLF is building its second-largest project in Chennai for a cost of almost `50 billion. Contact: DLF Tel: 012-4456 8900 Website: www.dlf.in

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