Chennai is set to become DLF’s second-largest market after Gurugram
with a total commercial area of 14 million square feet. DLF to invest Rs 5,000 crores ~ in Chennai
Chennai, March 14, 2022: Hon’ble Chief Minister, Tamil Nadu, Thiru. M.K Stalin today laid the foundation stone for Standard Chartered Global Business Services’ largest global office campus in DLF Downtown Taramani Chennai. DLF is building an office campus for Standard Chartered Global Business Services for approx. 1 Mn Sq. Ft. which is to be a first of its kind futuristic workspace with open, experiential offices in the post-pandemic era.
DLF Downtown Chennai is strategically located at the Epicentre of Business at Taramani, Chennai. It is spread over 27 acres as a multi-block campus of new age buildings and is being built in phases with an investment of over Rs.5,000 crores. DLF has entrusted the globally renowned architectural firm Gensler from the US to design this, sustainable and green campus spread that will feature world-class office buildings with amenities that will be unmatched in Chennai.
Phase 1 will constitute New Age office buildings of approx. 3.3 Mn Sq. Ft with an immersive employee experience and host of amenities including a food district, restaurants, cafes, wellness center, gym, creche, and a medical center.
The new Standard Chartered office building in DLF Downtown is set to change the way we work and will set a new benchmark for future workspaces in the country by offering a unique office building design, a first of its kind in the country in a safe and sustainable ecosystem. Tamil Nadu is set to become India’s innovation hub and knowledge capital as it has a highly qualified, skilled and disciplined resource pool.
Tamil Nadu ranks first among all states in terms of governance. It has the maximum number of factories and industrial workers and is fast emerging as a key destination for IT investments in India. The state introduced the ‘Industrial Policy 2021’ to achieve an annual growth rate of 15% in the manufacturing sector while attracting investments worth Rs. 10 lakh crore (US$ 137.8 billion) it aims at creating employment opportunities for over 20 lakh people by 2025. Tamil Nadu is now set to become one of the top three preferred investment destinations in India and Asia.
DLF has been at the forefront of driving economic growth and IT/ITes Exports in Tamil Nadu for over 17 years and it operates the largest IT SEZ in the state. Its landmark development DLF Cybercity Chennai in Manapakkam is a 7.2 Mn Sq Ft project and the largest IT SEZ in the state and has contributed a cumulative export revenue of approx. INR 84,000 crores since its inception.
Commenting on the unveiling of Phase 1 of Downtown, Mr. Sriram Khattar, Managing Director, DLF Rental Business, said ‘Once DLF Downtown is completed and operational, DLF will have a footprint of approx. 14 million square feet of commercial workspaces in the city, making it the second-largest market after Gurugram. We are optimistic about our investment in the state as Tamil Nadu is fast emerging as a leading global hub for IT/ ITES, manufacturing, and R&D. We are delighted that tenant partners have expressed interest in taking space here showcasing the strength of the location, DLF’s quality assets and customer centricity. A development like DLF Downtown in a location like Taramani should generate the income of Rs 700- 750 crores when fully functional.
Mr. Amit Grover, Executive Director, DLF Offices said ‘’DLF Downtown Taramani is centrally located in the IT Corridor of Chennai and is within a walking distance from the metro station. The project is designed with high-end specifications and has been awarded a Platinum LEED Certification by US Green Building Council.
The Standard Chartered GBS building will boast of a multi-level atrium with a skylight connected to the terrace and large floor plates to allow maximum sunlight penetration and exclusive terraces to facilitate flexible, dynamic spaces for safe social interactions and workplace agility in a sustainable environment.’’ Added Mr. Grover.
Mr. Matthew Norris – Global Head, Standard Chartered Global Business Services stated: “We envision that our largest campus globally at DLF Downtown Taramani will define the future of work with its people-centric design around hybrid work patterns, further enhancing employee wellness, engagement and productivity with sustainable measures.
DLF understands this vision and has provided us with an industry-leading employee-centric workplace solution with a unique building design, offering a well-connected and flexible workplace. This will also enable our employees to effectively connect, collide and collaborate.
Additionally, this building will also achieve a lower carbon footprint for its design and operations. ”DLF presently has a portfolio of 33 million square feet of LEED Platinum certified by US Green Building Council workspaces in the country. It is pertinent to mention that the company has set new benchmarks in occupational safety and security, duly recognized by the British Safety Council which conferred it with 17 Swords of Honour in a single year. All DLF commercial spaces have fulfilled the rating requirements of the international WELL building institute, having been issued the prestigious WELL Health-Safety Rating for Facility Operations and Management.
