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L&T firms eye space in group's office park in Chennai

Wednesday, 19 Oct 2022
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L&T Infotech (LTI) and L&T Technology Services (LTTS) are in talks to pre-lease around 1.4 million sq ft of office space in L&T's upcoming commercial office in Chennai, Tamil Nadu. 
The lease will be spread over a term of 10 years. The L&T Innovation Campus is a mixed-use development sprawling over 40 acre land parcel. 
The facility is scheduled to be delivered and be operational by the end of 2024. It can seat over 15,000 employees for the technology firms. Once concluded, this will be the third lease signed by the company in 2022. 
L&T is also in talks with CapitaLand to sell three towers, spread across two million sq ft.
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