DLF leases 3 million sqft office space in FY 14

DLF Offices noted that out of the 3 million sqft leased out, a record 1.7 million sqft has been leased out in Gurgaon alone.

The lease rentals witnessed stable to healthy increases in various micro markets, DLF Offices said.

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.

DLF Offices have approximately 27 million sqft of leasable space pan India with certain projects having achieved above 95 percent occupancy.

According to Amit Grover, National Director – DLF Offices, "DLF reinforced its vision to enhance the experience of its clients with high emphasis on safety and quality of services. Our strategic view is to enhance the ecosystem in which the clients’ workforce feels safe and comfortable to spend a larger part of their day at work."

Grover added, "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. 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."