DLF group will develop 4 million sq. ft of office space in two information technology-focussed projects in Chennai.
The first project will see the company expanding its DLF IT Special Economic Zone (SEZ) in Manapakkam, about 8 km from Chennai Airport. The second project is to build a SEZ for IT and ITeS at Taramani, the city’s IT hub.
The proposed investment in these projects would be about Rs 2,000 crore and Rs 2,500 crore respectively. The required funds will be met through internal accruals. Both the projects is expected to be completed within by 2017.