Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
DLF has sold its 25.9-acre IT SEZ in Kolkata, including the DLF Tech Park, to Srijan Group for ₹693 crore. This move aligns with DLF’s strategy to monetize non-core commercial assets and refocus on high-performing markets like Delhi-NCR and Chennai.
READ MOREDLF is expanding its commercial real estate portfolio with three new shopping malls in Goa, Delhi, and Gurugram, totalling 14 lakh square feet in FY26. Additionally, the company is developing a significant 25 lakh square feet of commercial space in Gurugram, capitalising on the post-pandemic demand for retail and office spaces.
READ MOREDLF is set to invest Rs 20,000 crore to expand its commercial real estate portfolio, focusing on office and retail spaces. With plans to grow rental assets from 44 to 73 million square feet, the company aims for long-term market dominance, including significant developments in Gurugram under its DCCDL venture.
READ MOREDLF’s rental arm, DCCDL, is investing ₹6,000 crore to develop 7.5 million sq ft of Grade A+ office and retail spaces in Gurugram. Driven by rising demand from global firms and GCCs, the expansion includes DLF Downtown and DLF Mall of India, reinforcing DLF’s leadership in India’s commercial real estate.
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