Summary:
We are investing Rs 5,000 crore in phases for developing our fourth project DLF Downtown, Taramani in Chennai," DLF CEO Mohit Gujral said. With this project, he said, the company would now have a 14 million sq ft of development in Chennai. "The company has identified a development pipeline of 20 million sq ft and construction of 5.5 million sq ft is underway. This will augment our existing 35 million sq ft rental portfolio of office and retail properties," Khattar said. Another 20 million sq ft commercial space is under development..