Of the three million sq ft it leased out, a record 1.7 million sq ft has been leased out in Gurgaon alone, the company said in a statement.
“This has been achieved despite intense competition in the office leasing space and a subdued economic environment,” it said.
The lease rentals witnessed stable to healthy increases in various micro markets.
Significantly most tenants who are completing the 9-year-lease term in DLF CyberCity, Gurgaon, chose to renew their leases reinforcing their faith and relationship with DLF, the statement said.
DLF Offices has approximately 27 million sq.ft. of leasable space pan India with certain projects having achieved above 95 percent occupancy.
“Our infrastructure initiatives, especially the mass transport and value adds like accessible health-care, entertainment, dining and engagement avenues like Cyber Hub at Cybercity Gurgaon, have established new industry benchmarks,” said Amit Grover, national director at DLF Offices, the offices leasing and management arm of DLF.
“Our partnership approach for structuring space solutions and working on client feedback is well reciprocated by existing clients, resulting in expanding their presence in DLF offices,” Grover said.Business Line
New Delhi, June 13, 2024: Auris Galleria, the premier high-street retail and commercial project at…
New Delhi, June 12, 2024: It's a remarkable initiative on the very first day of…
By Mr. Bhavesh Shah, Joint Managing Director- Today Global Developers Finding the perfect investment opportunity…
New Delhi, June 01, 2024: Azure Interiors, a leading interior and decor solutions company based…
Mumbai, June 01, 2024: Runwal, one of the prominent real estate developers in Mumbai, has…
Spread over 1 acres, Megaleio will be in the lap of the nature, surrounded by…