The approval is subject to the compliance with certain conditions, it added.
As per the proposal, the DLF will now invest Rs 14.39 billion to develop the Cyber Park project, as against the earlier estimate of Rs 4.12 billion.
According to the sources, the company will now get a leasable area of around 2.5 million square feet as against earlier 1.7 million square feet.
The construction of this project, which is located close to Cyber City that commands high rental, is in advanced stage and the company has already pre-leased about 60 per cent of the area, they added.
In the proposal, the DLF has informed that the number of parking will increase to 4,425 from 3,542 cars and would generate employment to 35,532 persons.
DLF, the country's largest realty firm, is a leading developer of commercial real estate with portfolio of over 30 million square feet.
To monetise its rent-yielding commercial assets, the DLF promoters have recently sold 33.34 per cent stake in its rental arm DCCDL for about Rs 90 billion. The realty major holds the remaining 66.6 per cent.
Recently, the company has bought 12 acres of land in Gurugram for Rs 15 billion to develop another commercial project.
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