Page 18 - April 2022
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         L&T CONSTRUCTS 7-STOREY FACILITY FOR DRDO IN        DLF TO INVEST `550 CR TO CONSTRUCT 1-MN-SQFT
                        RECORD 45 DAYS                       OFFICE BUILDING IN CHENNAI FOR STANCHART GBS
       The Buildings Business of Larsen & Toubro has set a record   Realty major DLF has invested  around `550 crore to construct
       by constructing the 7-storey, state-of-the-art Flight Control   a one-million-square-feet office building for Standard Chartered
       System (FCS) Integration Facility for the Defence Research   Global Business Services’ largest campus globally. Tamil Nadu
       and  Development  Organization  (DRDO)  in  just  45  days  using   Chief Minister M K Stalin laid the foundation stone of the office
       Integrated Hybrid Modular Construction Technology (IHMCT). The   campus in ‘DLF Downtown’ project at Taramani in Chennai.
       facility was inaugurated on March 17th, 2022, by the Hon’ble   In October 2020, DLF had pre-leased 7.7 lakh square feet office
       Minister of Defence, Government of India, Rajnath Singh in the   space to Standard Chartered Global Business Services (GBS) and
       august presence of Basavaraj Bommai, Hon’ble Chief Minister   the latter has an option to take the remaining area.
       of Karnataka, Dr G. Satheesh Reddy, Secretary Department of   The DLF Downtown-Chennai project, spread over 27 acres and
       Defence R&D & Chairman, DRDO and other dignitaries.  comprising 6.8 million square feet area, is being developed by
       “This facility shows that India can build anything in a short time,”   DLF Cyber City Developers Ltd (DCCDL) with an investment of
       praised DRDO Chairman, Dr G Satheesh Reddy, adding that while   `5,000 crore. DCCDL is a joint venture between DLF and Singapore
       the concept & technical design was developed by DRDO and   sovereign wealth fund GIC.
       detailed engineering & execution by L&T, teams from IIT-Madras   In the first phase, DLF is constructing a total of 3.3 million square
       & IIT-Roorkee conducted design checks and provided technical   feet area, including one million square feet building for Standard
       support.                                            Chartered. The construction of 2.3 million square feet is already
       A significant development to modernize and enhance the   undergoing and will be completed by the end of next fiscal, while
       strategic capabilities of the Indian Defence, the facility is the   the Standard Chartered campus will be completed by mid-2024.
       result of L&T’s unique integrated offsite and onsite construction   The  company  has  a  presence  in  the  state  since  17  years
       approach. “We adopted IHMCT, used for the first time in the Indian   and operates the largest IT SEZ ‘DLF Cybercity, Chennai’ at
       construction industry, to substantially reduce the cycle time with a   Manapakkam comprising 7.2 million square feet area.
       dedicated team of engineers, architects and structural designers   This SEZ has contributed a cumulative export revenue of about
       who have worked on it to make it a success,” remarked M V Satish,   `84,000 crore since its inception and around 70,000 professionals
       Whole Time Director & Senior Executive Vice President (Buildings),   are working. Once DLF Downtown is completed and operational,
       L&T. “We commenced the project on February 1st, 2022, and   DLF will have a footprint of about 14 million square feet of
       completed the superstructure including modular interiors, façade   commercial workspaces in the city, making it the second-largest
       and MEP exactly on schedule on March 17th, 2022, taking just 45   market after Gurugram.
       days from design to delivery”, he added.            A development like DLF Downtown in a location like Taramani
       Constructed on a total built-up area of 130,000 sq. feet, the site   should generate the income of  `700-750 crore when fully
       team had to coordinate with 21 off-site locations to integrate   functional and around 70,000 employees will work from DLF
       design, structure, architecture, and MEP services. Going forward,   Downtown Chennai.
       this hybrid construction system developed by L&T will help increase   This project is designed with high-end specifications and has
       productivity, optimize resource utilization, reduce losses due to   been awarded a Platinum LEED Certification by US Green Building
       wastage and speed up pace of construction.          Council.


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