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Chennai RE Updates

@ChennaiREUpdate

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RE enthusiast. Updates about the Chennai real estate market coupled with time to time updates on the office, residential and retail market #InvestinTN #Chennai

Chennai
Joined February 2024
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@ChennaiREUpdate
Chennai RE Updates
2 months
🚨BUZZ🚨 Brigade set to develop a 35 floor skyscraper at Perungudi in YMCA Ground, set to be about 1.5 mn sft. If it gets into actual execution, it will be the tallest office tower in the city, beating Brigade's own WTC. Representative Pic #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
4 months
Some better quality intended renders of Sattva Knowledge City, coming up in Perungudi. One of Chennai's best office spaces is loading😍 #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
6 months
✨Beauty✨ SATTVA KNOWLEDGE CITY 4.5 Mn sft of absolute World-Class premium Grade A office Spaces Coming up in Perungudi next to the erstwhile Toll Plaza This has to be one of the best Highrises in our city!! Note - 3D Render / Architect's perspective #Chennai #ChennaiRE
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@ChennaiREUpdate
Chennai RE Updates
2 months
The absolute scale of Guindy Industrial Estate is crazy. There are about 10,000 employees working in this footprint alone (image below). With proximity to Metro, Sub-urban Rail and also Bus Terminus, the erstwhile Industrial hub is now a thriving office hub with an office stock
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@ChennaiREUpdate
Chennai RE Updates
6 months
✨Beauty✨ SATTVA KNOWLEDGE CITY 4.5 Mn sft of absolute World-Class premium Grade A office Spaces Coming up in Perungudi next to the erstwhile Toll Plaza This has to be one of the best Highrises in our city!! Note - 3D Render / Architect's perspective #Chennai #ChennaiRE
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@ChennaiREUpdate
Chennai RE Updates
2 months
🚨OMR - OFFICES INCREASE🚨 The RE Circuit buzz has it that Casagrand is all set to develop a million sft IT park off Dr MGR Salai in Perungudi #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
4 months
Baashyaam Promenade Guindy's and the City's finest and most aesthetic office development yet, on Guindy Main Road, opposite to ITC Grand Chola. 1.83 Mn sft of Super Built up area across 5.6 acres of Land with a configuration of 5 levels of Parking and 11 office Floors You saw it
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@ChennaiREUpdate
Chennai RE Updates
2 months
🚨OMR Growth Story continues🚨 Lennox has established their intent to grow their Technology Centre in Taramani by committing to lease ~1.5 L sft at CapitaLand Taramani campus. #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
2 months
Fintech Tower by TIDCO at Fintech City Once completed, this 0.6 mn sft Tower, will host companies from the BFSI sector propelling the city's growth in the domain. #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
16 days
RMZ One Paramount now allows public to access their common amenities such as Food Court, Restaurants, etc. Soon, the Tech Park will also have a 14,000 sft Resto Bar, making it the first Tech Park in the city to host one. Video Source/Credit : @fairyfork via instagram #Chenai
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@ChennaiREUpdate
Chennai RE Updates
19 days
😎Finally what Chennai has been lacking!!😎 Home grown developer, Arihant Spaces, is back with a bang into the commercial offices market with a cumulative dev of 0.7 Mn sft over the next few years : 1. OMR (Thuraipakkam) - 300,000 sft 2. Guindy (Next to Hilton) - 250,000 sft 3.
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@ChennaiREUpdate
Chennai RE Updates
3 months
⏫⏫Chennai OMR skyline⏫⏫ to grow with a 34-35 Floor Office Space Tower of 1.5 Mn sft soon at Perungudi!! The developer is betting big on Chennai. Details soon #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
4 months
Hard Rock Cafe HRC finally returned to Chennai in Dec '23, this time with Cocktails and a bang. Located in Pharos Hotel, Nungambakkam #Chennai
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@ChennaiREUpdate
Chennai RE Updates
2 months
Renault India inaugurates expanded office at WorkEz, Helix The entity is now moving from WorkEz, Baashyaam Willow Square (~8,000 sft) to WorkEz, Helix (~14,000 sft) #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
1 month
Voora Developers to build an office space of 1.6 L sft in Ambattur Industrial Estate opposite to Kosmo One This will be the latest developement in Kosmo One after ages!! Vacancy has decreased to all time low in Ambattur and the area was desperate for such a new development!
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@ChennaiREUpdate
Chennai RE Updates
6 months
DLF Cybercity SEZ in Porur, now offers Non SEZ space to occupiers who do domestic business. A total of 0.5 mn sft of Non SEZ space is now available for lease in the City's largest Office campus. #DLFCybercityChennai #Chennai
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@ChennaiREUpdate
Chennai RE Updates
23 days
🥳GCC list grows on for Chennai!!🥳 Lamprell set to establish their engineering centre in Chennai. The facility is likely expected to come up in Perungudi, in Millenia Business Park and could host more than 200 Employees. #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
2 months
Banking Major, Barclays, further expands in DLF Cybercity, Porur by leasing additional space of approx. 1.45 Lakh sqft #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
17 days
News has it that Fidelity has further expanded by 80,000 sft in DLF Downtown taking their overall portfolio to 3.2 Lakh sft in the campus. Chennai is emerging as a prominent BFSI Hub #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
1 month
🥳SES sets up Chennai GCC🥳 SES has acquired Intelsat, earlier Gogo Air, which had an approx. 20,000 sft centre in DLF Cybercity Porur. They are further expanding the centre by leasing additional ~31,000 sft in the same floor to house their GCC. Great news for the city!!
@UpdatesChennai
Chennai Updates
1 month
🚨Big SES, 🇱🇺Luxembourg based & one of world’s leading satellite telecommunications firm to open its first Indian Global Capability Centre (GCC) & the first one in Asia Pacific outside Singapore in Chennai. To employ 300-400 people initially!! #InvestInTN #GCC
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@ChennaiREUpdate
Chennai RE Updates
7 months
✨New Leasing updates at Olympia Cyberspace✨ 1⃣JSW has leased ~50,000 sft 2⃣RBL Bank has leased ~15,000 sft 3⃣KB Kookmin Bank enters Chennai - leases ~15,000 sft 4⃣NKT Cables has leased ~44,000 sft 5⃣TVS Next has leased ~30,000 sft #Chennai #ChennaiRE 📷 Wework
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@ChennaiREUpdate
Chennai RE Updates
16 days
Appaswamy Park House Mews, Guindy In final completion stages. 14 Floors development with 95 premium residential units Appaswamy is truly one of Chennai's most premium residential developer #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
3 months
Front Elevation of Brigade ICON Mount Road's new landmark #Chennai #ChennaiRealEstate #Brigade #BrigadeIcon
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@ChennaiREUpdate
Chennai RE Updates
4 months
L&T Innovation Campus - Phase 1 2 Towers have been completed with Builtup area of 1.2 Mn sft Tower 1 has been leased by LTI Mindtree, while Tower 2 is in talks for takeup by LTI Mindtree and L&T Technology Services Phase 2 and 3 has total development potential of 5 Mn sft
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@ChennaiREUpdate
Chennai RE Updates
10 days
Ericsson Leases 1.35 Lakhs sqft through Tablespace at Global Infocity Park, Perungudi. Ericsson would now move from a conventional setup of 60,000 sft to a managed space solution run by Tablespace making it one of the largest flex deals in OMR Zone 1 this year #Chennai
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@ChennaiREUpdate
Chennai RE Updates
2 months
More images of Brigade Icon, upcoming mixed use development at Anna Salai by Brigade. Set to be the tallest Commercial and Residential tower in the CBD #Chennai #ChennaiRealEstate Source : SOG Design
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@ChennaiREUpdate
Chennai RE Updates
15 days
When it rains, it pours!! wework has entered into an agreement with Tata Realty, to lease approx. 1.5 Lakhs sqft at Ramanujan Intellion Park in Taramani. With this, wework forays into the city's key submarket that thrives with IT/ITeS demand. #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
2 months
⏫Chennai office market on a roll⏫ Record numbers for the city as Chennai clocks a whooping 5 mn sft of Gross Leasing in the first half of 2024 along with ~12,000 seats transaction at Co-working spaces. #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
2 months
A prominent Chennai based developer has picked up this land parcel in Perungudi Industrial Estate for a new office development, potential of about 1 Lakh odd sqft. #Chennai #ChennaiRealEstate
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Chennai RE Updates
4 months
Le Grand Trianon by Baashyaam When it comes to luxury residential developments, Baashyaam is miles ahead of any other developer in the City. This project is in Poes Garden (Kasturi Rangan Road) and houses luxurious, Super-sized lavish French homes where each unit is more than
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@ChennaiREUpdate
Chennai RE Updates
2 months
🚨Breaking🚨 The Executive Centre has leased approx. 40,000 sft at DLF Downtown marking the firm's entry to OMR. Tablespace has also leased ~160,000 sft at this asset. DLF DT now houses 3 flex operators - Simpliwork, Tablespace and The Executive Centre #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
5 months
🟩Boston Consulting Group🟩has leased space in Chennai. This would be their first full fledged office in the city after having been in a business centre in Hyatt Regency for years!! BIG! #Chennai #ChennaiOffice
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Chennai RE Updates
2 months
🚨MAJOR DEAL ALERT🚨 SMFG India Credit (Formerly Fullerton India) grows in the city by leasing ~75,000 sft at K Raheja Commerzone, Porur! Shows SMFG's intent for Chennai and we hope this will only grow from here on #Chennai #ChennaiRealEstate
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Chennai RE Updates
5 months
🚨BUZZ🚨 News in the market that a prominent Bangalore based developer has picked up this property in Velachery. Need to wait and watch if it is going to be a residential or a mixed use development #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
2 months
SRH Experience Tower Upcoming office building in Perungudi, by SRH Ventures spans a development of 1,98,000 sft with 2 Basement+Stilt+11 floors Expected Completion Timeline Q2 2025 #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
3 months
adidas GBS Chennai inaugurated their new office this week at Smartworks, Olympia Pinnacle. Spread across approx. 35,000 sft, this state of the art facility is adidas' first GCC in the country. #Chennai #ChennaiRealEstate 📷Video via adidas' Linkedin
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Chennai RE Updates
3 months
Xebia, a US based Leading global technology consultancy, has leased ~150 seater office in Smartworks - Olympia Pinnacle #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
4 months
RMM Palmgrove Developed by RMS Infra, this commercial project is an upcoming standalone building of size 100,000 sft in Alagappa Road, Purasaiwakkam Double Basement + Ground + 9 Floors #Chennai #ChennaiRealEstate
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Chennai RE Updates
5 months
🚨Baashyaam Promenade🚨 1.2 Mn sft of large scale office development set to change Guindy/Littlemount Skyline! 3B+S+13 Office Floors with a floorplate of 1.1 L sft each Foundation and Basement works in Full swing. Completion expected by 2026 #Chennai #ChennaiOfficeMarket
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@ChennaiREUpdate
Chennai RE Updates
5 months
⏫Leasing Update⏫ Assystem, which recently acquired L&T Infra, and The Executive Centre (Co-working) have leased ~25k & ~29k sft each at RMZ One Paramount This is one of the best office campuses in the city & has seen significant leasing activity in the past 12 months #Chennai
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@ChennaiREUpdate
Chennai RE Updates
6 months
🚨Leasing Update🚨 Astrazeneca expands their presence in Chennai by leasin ~2.5L sqft at Ramanujan Intellion Park. This takes their overall portfolio to ~0.5 mn sqft #Astrazeneca #Chennai #ChennaiOffice
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Chennai RE Updates
3 months
🚨Big Breaking🚨 Guidehouse lease 2.5L sft at RMZ One Paramount!! Global consulting major is setting up another Development Centre in Chennai at RMZ One Paramount. This will be the company's second base after TRIL. #Chennai #ChennaiRealEstate
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Chennai RE Updates
9 days
AI firm, Detect Technologies, which was incubated in IIT Madras, has leased 12,000 sft at Featherlite The Address, Pallavaram. #Chennai #ChennaiRealEstate
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Chennai RE Updates
4 months
VB World by Namma Veedu Vasanta Bhavan VB World has slowly catapulted into one of the hottest dine-in spots for people in and around Anna Nagar, with large crowds thronging through the entire week Truly a Fusion of Global Cuisine With a Traditional Twist Location : Shanti
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Chennai RE Updates
2 months
Flex Operator "awfis" has leased 25,000 sft at RR Tower 4 at Guindy Industrial Estate. Bullish on the city's potential, awfis has been signing up multiple buildings in the last 8 months (in Porur, Nungambakkam, OMR) #Chennai #ChennaiRealEstate
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Chennai RE Updates
2 months
Casagrand launches Casagrand Avenue Park, Perungudi Industrial Estate. Spread across 4 Acres, this residentiaal development will house 209 elegantly designed 2, 3 & 4 BHK apartments with B+G+5 floors structure The campus has planned 60+ world-class amenities like an exclusive
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Chennai RE Updates
5 months
🚨New Deal Alert🚨 Chennai HQd, Thryve Digital, expands its Global Development Centre at Ramanujan Intellion Park by leasing additional 73,000 sft. They now have ~1.73 L sft of Office space in Chennai. #Chennai #ChennaiOfficeMarket
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Chennai RE Updates
5 months
🟦Property Snapshot🟦 ✨DLF Downtown✨ One of the best office buildings in the city! 5.8 Mn sft of development in total, redefining OMR's skyline. This is SCB's largest campus outside of USA and BOA's one of the largest centres in India. Recently Everi went live here. #Chennai
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Chennai RE Updates
4 months
Brigade Icon Brigade Group launches premium mixed-use development project 'Brigade Icon' Designed by Singapore based "SOG Design", the property spread across 5 acres will be Anna Salai's tallest Tower. The Commercial tower (Retail and Office) facing Anna Salai will have 18
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Chennai RE Updates
22 days
Tech growth at an all time high!! Opendoor to expand their Chennai operations by 2-3 fold. All set to lease a 30,000 sft office in Millenia Business Park, Perungudi. The company currently has an office of approx. 80 seats. #Chennai #ChennaiRealEstate
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Chennai RE Updates
2 months
💶Fintech City Update💶 Plot S15 and S16 at Fintech City, Nandambakkam, admeasuring approx. 1.5 Acres each has been awarded formally to Axis Commercial Real Estate Fund backed by Tishman Speyer and Muthoot Fincorp #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
4 months
Four Points by Sheraton, Velachery The boutique, 125 keys hotel is heading for a completion. Should go live by end of Q3 '24. Great addition in Velachery with Proximity to both OMR and PTR #Chennai #ChennaiHospitality #ChennaiRealEstate
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Chennai RE Updates
3 months
In what is one of the largest co-working deal in the city, Samsung has leased ~60,000 sft (~1200 seats) at wework in Olympia Cyberspace. Samsung will relocate from Smartworks - Kochar Globe (where they hold 27,000 sft) and expand to this centre. #Chennai #ChennaiRealEstate
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Chennai RE Updates
6 months
🚨Leasing Update🚨 Silicon Valley based, ACL Digital, has now leased ~53k sqft at DLF Cybercity. This is the campus' second Non SEZ transaction after wework! Leasing momentum in Chennai is unstoppable #Chennai #ChennaiOffice
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Chennai RE Updates
2 months
DRA's upcoming Commercial Asset at Egmore, Chennai. Approx. 1.2 L sft of Built up space in CBD region. Unique as this is a 99 year lease from Railway Land Development Authority #Chennai #ChennaiRealEstate
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Chennai RE Updates
5 months
✨Royal Damera Gardens by Baashyaam✨ Luxury Real estate at its finest. Located in Poes Garden, it offers a European/French themed architecture! Boutique 4 Floor development with Luxury 4BHK units spanning more than 5000 sft each #Chennai #ChennaiResidential
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Chennai RE Updates
3 months
Persistent Systems' new office in Smartworks Olympia Pinnacle, Thoraipakkam. #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
4 months
🟦BIG - BREAKING🟦 Pune based MNC, Persistent Systems, extends it presence to Chennai by partnering with Smartworks for a premium managed office space at OMR. Hiring underway currently #Chennai #ChennaiRealEstate
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Chennai RE Updates
4 months
🚨New Deals Alert🚨 Leasing momentum in Porur is growing by the day. 🟦RMZ One Paramount C10🟦 MedCode Services, enters Chennai with a new office of 24,000 sft Genpact expands by leasing addnl. 24,000 sft, with an overall portfolio of 70,000 sft now #Chennai #ChennaiOfficeMarket
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Chennai RE Updates
3 months
Gigamon has inaugurated their new office space in Chennai at Olympia Cyberspace that they signed last year (~76,000 sft) #Chennai #ChennaiRealEstate
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Chennai RE Updates
6 months
🚨Leasing Update🚨 wework expands their presence in Chennai by leasing ~1.25 L sqft in DLF Cybercity Chennai. This is the first Non SEZ transaction in the campus, after I had reported DLF opening up spaces for Non SEZ clients wework now has 2 centres totalling ~2.5L sqft #Chennai
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Chennai RE Updates
4 months
Upper House, Boat Club by Ceebros Luxury residences at the most premium location in Chennai - Boat Club This boutique residential development hosts only 9 units. Each of config/size : 4 Bed, Family & Home office / 5500 & 5860 sq. ft #Chennai #ChennaiRealEstate
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Chennai RE Updates
2 months
Centre Point 1 1.9 Lakh Leasable Area across 2B+4S+ 4 to 11 Floors Office Building (Similar configuration as Olympia Cyberspace but smaller footprint) - Floorplate of ~22,000 sft in Guindy Industrial Estate behind Olympia Tech Park (behind BNP Paribas Building - Centrepoint 2)
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Chennai RE Updates
4 months
Kaylir Canteen Kaylir Canteen in CIT Colony, is a quick service kitchen that offers home-style South Indian food. Head out for a beautiful, scrumptious unlimited meal for lunch or for some neat tiffin options for breakfast/evening. Also, the place is Pet Friendly! 📷 The Hindu
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Chennai RE Updates
7 months
ASV Husainy Tech Park - The largest development in Chennai by a homegrown developer!! ~1 Mn sft campus in Porur (Micro-market) to be operational by Q3 2024. Each floor has ~85,000 sft of leasable area. #Chennai #ChennaiOffice
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Chennai RE Updates
5 months
The Broadstone by Appaswamy Real Estates Premium 3 & 4 BHK high-rise apartments in Manapakkam, right outside DLF Cybercity. Prices start at 1.92 Cr with apartments ranging from 1900 sft to 2500 sft #Chennai #ChennaiResidential
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Chennai RE Updates
9 days
For a city with rapid urbanization, this is much needed to decongest our already choked atmosphere. Would do wonders for the ecosystem around Guindy and Velachery considering the kind of developments in pipeline and completion (Brigade, Phoenix, Appaswamy)
@UpdatesChennai
Chennai Updates
9 days
🚨Big Breaking! Chennai Biggest Urban Park to come up in Guindy. TN Govt issues offical ordinance to setup Horticulture Gardens, Public Green Spaces over 118 acres at the land taken over from Madras Race Course… #Chennai #Parks
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Chennai RE Updates
6 months
✨More Leasing updates at Olympia Cyberspace✨ 6⃣ BDO Global has leased 20,000 sqft 7⃣ V Ships has leased 40,000 sqft 8⃣ Symbyont Smartspaces has leased a cumulative of 1.4 L sqft #Chennai #ChennaiGrowthStory #Guindy
@ChennaiREUpdate
Chennai RE Updates
7 months
✨New Leasing updates at Olympia Cyberspace✨ 1⃣JSW has leased ~50,000 sft 2⃣RBL Bank has leased ~15,000 sft 3⃣KB Kookmin Bank enters Chennai - leases ~15,000 sft 4⃣NKT Cables has leased ~44,000 sft 5⃣TVS Next has leased ~30,000 sft #Chennai #ChennaiRE 📷 Wework
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Chennai RE Updates
10 days
Healthcare services firm 🟧Optum🟧 leases 60,000 sqft through flex space provider awfis at TVH Agnitio. The company has been growing manifold in the city, post acquisition of Episource. Optum earlier leased 56,000 sft through awfis at Prince Infocity 2. They currently hold
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Chennai RE Updates
2 months
The tallest commercial building is approx 109 mts in Chennai whereas the tallest residential is about 175 mts. We need to incentivise developers with higher Fsi if you need a skyline More Developments --> Higher Rentals #Chennai #ChennaiRealEstate
@tamilravi
Ravi
2 months
Chennai is at least 25 years behind Hyderabad, Bengaluru :(
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Chennai RE Updates
8 days
Next phase of large developments are in these 2 large land parcels. 1. Standard Chartered - Haddows Road Most likely a mixed use development but wouldn't be surprised if it gets developed as pure residential asset considering cost #Chennai #ChennaiRealEstate
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Chennai RE Updates
6 months
Brigade Tech Boulevard Location & Micro-market - Radial Road | PTR Total Leaseable Area - Approx. 8.5 L Sqft 2 Towers of G + 12 floors each Floor plate ranges between approx. 30,000 – 32,000 sq. ft. 1 MLCP Block of 5 Floors #Chennai #ChennaiOfficeMarket
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Chennai RE Updates
4 months
🚨NEW DEAL ALERT🚨 Ascendion, a US-based AI-first software engineering services firm, has leased approx. 40,000 sft at Futura Tech Park. The company launched its GenAI Studio last week in Chennai. #Chennai #ChennaiRealEstate
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Chennai RE Updates
4 months
SKCL Summit Commercial office space tower on Gandhi Mandapam Road (few buildings before Ciclo Cafe) with 11 office floors Total Built up Area - 1.2 Lakhs sft Floorplate - 11,400 sft approx. #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
2 months
awfis continues to be bullish on Chennai. Has leased the entire Rajkamal Pinnacle Building in Nungambakkam (except for Ground and 1st occupied by bmore) The centre will be one of the largest co-working / managed spaces in the CBD #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
5 months
Pictures of Casagrand Paragon. Check QT for details of the project #Chennai #ChennaiOfficeMarket
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@ChennaiREUpdate
Chennai RE Updates
5 months
✨Casagrand Paragon✨ The developer's upcoming IT park in 200 Ft Radial Road with approx. 4.5 Lakhs sft of Leasable Grade A office space!! ⏫PTR Growing⏫ #Chennai #ChennaiOfficeMarket #PTR #200FtRadialRoad
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@ChennaiREUpdate
Chennai RE Updates
2 months
The iconic Anna Flyover / Gemini Flyover of the CBD. Will the revival of CBD happen in the next 5 years? As the city rampantly grows towards the South and West zones, it is imperative that the developers start re-looking at potential of CBD. While the land prices have
@UpdatesChennai
Chennai Updates
2 months
TN CM MK Stalin today inaugurated the revamped space below #Chennai ’s oldest flyover : Anna Flyover
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@ChennaiREUpdate
Chennai RE Updates
4 months
Club 1 by Appaswamy Real Estates Another boutique, luxury residences at the most premium location in Chennai - Boat Club This premium residential development houses 7 units and a terrace deck with Swimming Pool. Each unit's config/size : 3BHK / ~3,445 sq. ft #Chennai
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@ChennaiREUpdate
Chennai RE Updates
2 months
We have added just about 20 mn sft in 6 years, since 2018. The city has been struggling without any quality office spaces and no incentives for developer to look at commercial space against residential since low FSI and height restrictions couple with cost of land skyrocketing
@UpdatesChennai
Chennai Updates
2 months
Chennai adds this number in like 5-6 years and we ask why don’t we have enough white collar jobs! Lack of office supply & reputable local real estate players haunting Chennai for years! @Guidance_TN @Vish_speaks @TRBRajaa
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@ChennaiREUpdate
Chennai RE Updates
3 months
BDO India has inaugurated their new office at Olympia Cyberspace spread across 20,000 sft. This centre will strengthen their business catering to TN and other surrounding regions. #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
3 months
Disprz, a leading provider of GenAI-powered, learning and skilling suite, has expanded into a 250+ seater office at Smartworks, Pinnacle in Thoraipakkam. #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
3 months
Med-Metrix has inaugurated their first offshore development centre in India at Millenia Business Park, Perungudi #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
7 months
🚨New Leasing Update🚨 US Based Healthcare RCM company, Med-Metrix, has leased approx. 25,000 sft in Millenia Business Park, Perungudi (Brookfield Properties) #Chennai #ChennaiRE
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@ChennaiREUpdate
Chennai RE Updates
4 months
Brigade Icon High Resolution - 3D RENDERS via @sang1983
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@ChennaiREUpdate
Chennai RE Updates
4 months
Brigade Icon Brigade Group launches premium mixed-use development project 'Brigade Icon' Designed by Singapore based "SOG Design", the property spread across 5 acres will be Anna Salai's tallest Tower. The Commercial tower (Retail and Office) facing Anna Salai will have 18
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@ChennaiREUpdate
Chennai RE Updates
4 months
🚨NEW DEAL🚨 ZoomRx has leased ~12,000 sft at Global Infocity. ZoomRx is a Chennai based Multinational firm, offering consulting in the healthcare sector #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
4 months
Q Bar at The Hilton Been a while since this famous rooftop pub opened back to the public with a facelift back in Dec '23. The rooftop deck now hosts air-conditioned lounges with some lip-smacking food and beverages. Head out for a beautiful, pleasant evening during the weekdays
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@ChennaiREUpdate
Chennai RE Updates
5 months
Mizuho Global Services leases 40k sft at Brigade WTC!! Growth of GCCs in Chennai, particularly BFSI GCCs, is propelling office space takeup in the city! #Chennai #ChennaiOfficeMarket
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@ChennaiREUpdate
Chennai RE Updates
8 days
Next phase of large developments are in these 2 large land parcels 2. Cognizant - Thoraipakkam All major developers, such as Casagrand, Baashyaam are in the race along with some Bangalore based developers as well.Most likely a mixed use development. #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
5 months
Indian MNC, 🟧Coforge🟦, has leased 150 seats with Indiqube at Millenia Business Park, Perungudi! They used to have a smaller office in the same campus with Regus Business Centre earlier. #Chennai #ChennaiOffice
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@ChennaiREUpdate
Chennai RE Updates
15 days
The Executive Centre (TEC), RMZ One Paramount TEC has launched their 5th Centre in the city, offering premium offices ranging from 4 seats upto 250 seats for startups and enterprises. The per seat cost ranges upwards of INR 20,000/month. #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
4 months
New Deals at WorkEz, Helix AdamsBridge Global and Renault Nissan Technology & Business Centre India have expanded and leased 250 seats each at WorkEz, Helix in Velachery. Tennessee based, AdamsBridge Global, offers managed service and annotative service solutions across diverse
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@ChennaiREUpdate
Chennai RE Updates
4 months
🟦BIG - BREAKING🟦 Pune based MNC, Persistent Systems, extends it presence to Chennai by partnering with Smartworks for a premium managed office space at OMR. Hiring underway currently #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
5 months
🚨New Deal Alert🚨 Omnicom group entity - DDB Mudra Group, has leased ~43k sft at RMZ One Paramount. This is one of the Global Solutions Centers of Excellence (COEs), that Omnicom group has opened in India. The other 2 in Bengaluru and Gurugram. #Chennai #ChennaiOfficeMarket
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@ChennaiREUpdate
Chennai RE Updates
5 months
⏫New Leasing Deal⏫ US Based IT Services firm, EPAM, has leased ~15,000 sft with Simpliwork at DLF Downtown. India is the second largest delivery centre for the organisation. #Chennai #ChennaiOfficeMarket
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@ChennaiREUpdate
Chennai RE Updates
5 months
Bonfiglioli has leased ~20k sft at Featherlite The Address. The organisation has a full fledged industrial manufacturing setup in Thirumudivakkam and this is their first full fledged office space in the city. Engineering/Manufacturing sector's office take up is growing! #Chennai
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@ChennaiREUpdate
Chennai RE Updates
5 months
Parkhouse Mews by Appaswamy Real Estates Premium 3 & 4 BHK high-rise apartments in Velachery with close proximity to Phoenix Marketcity. Prices start at 3 Cr with apartments ranging from 1886 sft to 2608 sft Appaswamy is redefining luxury housing #Chennai #ChennaiResidential
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@ChennaiREUpdate
Chennai RE Updates
7 months
🚨New Leasing Update🚨 US Based Healthcare RCM company, Med-Metrix, has leased approx. 25,000 sft in Millenia Business Park, Perungudi (Brookfield Properties) #Chennai #ChennaiRE
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@ChennaiREUpdate
Chennai RE Updates
5 months
Indian MNC, Hexware, has leased 65k sft at Featherlite The Address in Pallavaram. Great news for the location where significant deals of size larger than 50k sft have been happening over the last 1 year! #Chennai #Chennaiofficemarket
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@ChennaiREUpdate
Chennai RE Updates
3 months
Keppel has signed a term sheet with RMZ Corp to buy out RMZ One Paramount (Phase 1 incl C10,C20 and C30 Buildings) at approx. 2100 Crores. This will be Keppel's first office space acquisition in the city #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
3 months
4DT and 5DT, the upcoming office towers at DLF Downtown will be completed by 2027-28. The towers are expected to be taller than the existing 1Dt and 2DT, however, it is to be seen if they can go past 25 Floors. #Chennai #ChennaiRealEstate
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@ChennaiREUpdate
Chennai RE Updates
6 months
🚨Leasing Activity in the city🚨 Sterling Technopolis, Perungudi OMR 1. Awfis has leased approx. 32,000 sft (1 Full floor) - This is Awfis' 4th Centre in OMR
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@ChennaiREUpdate
Chennai RE Updates
4 months
Blackstone backed Nexus REIT in talks to buy out the 0.6 mn sft Marina Mall, located in Navalur. Nexus REIT already bought out Forum Mall in Vadapalani earlier, in a pan India deal with Prestige. #Chennai #ChennaiRealEstate
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