DLF will make an investment close to Rs 1,700 crore in developing office space and a data centre in Noida, Uttar Pradesh.
The company has leased around 3,60,000 sq ft of space at the upcoming Noida IT Park to Singapore-based ST Telemedia Global Data Centres with the option of doubling it.
Moreover, DLF has also planned office towers in the project. In Phase-I, the company is completing an office tower of about 4.5 lakh sq ft in addition to the data centre building.
DLF has also commenced construction work on two million sq ft of office space in Gurgaon as it sees rising demand for Grade A office buildings in the coming year.
It will make an investment of Rs 1,500 crore for construction of office space in Gurgaon and Chennai.