Bengaluru : DLF Ltd’s rental arm announced on Wednesday that it has signed a 7.7 lakh square foot anchor lease with Standard Chartered GBS for an upcoming office project at DLF Downtown, Chennai.
DLF Cyber City Developers Ltd (DCCDL), a joint venture between DLF and GIC Pte Ltd of Singapore, has leased the space at ‘DLF Downtown’, a mixed-use development project, in Chennai’s Taramani.
Sriram Khattar, Managing Director of DLF Rental Business, said: “… We welcome Standard Chartered GBS to our family and will do our best to develop a landmark building while ensuring the safety and well-being of SCB employees “.
DCCDL, the joint venture of DLF-GIC and TIDCO (Tamil Nadu Industrial Development Corporation), had announced the launch of DLF Downtown, Chennai earlier this year, with an investment of ₹5,000 million rupees. The building is designed by Gensler, an integrated architecture, design, planning and consulting firm.
“The design of the building would be unique in India with the futuristic vision of the experience in the post-pandemic world. The DLF Downtown project spanning over 27 acres is planned as a multi-block campus development with interconnected office blocks at podium level and a host of retail amenities for seamless integration between work and life. It will redefine the office experience in Chennai, “said Amit Grover, CEO of DLF offices.
DLF is developing a custom built office building with 10 lakh square feet of leasable area on the project, which will begin construction early next year. The construction cost would be around ₹400-450 crore.
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