DLF has invested Rs 5,000 crore to develop large commercial project in Chennai as part of its strategy to expand portfolio of rent yielding properties. The company would commence construction of 2.5 million sq ft area in the first phase. The project, to be completed in the next 5-6 years, would help additional 70,000 direct and 6,000 ancillary employment opportunities once operational.
DLF is one of India's biggest property developers. The company’s primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals.
