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26 Apr 2026
Casagrand introduced ‘Casagrand Zodiac’, a 764-unit residential project in West Mogappair, Chennai, positioned within an education-centric micro-market. Spread across 8.8 acres, the development allocates nearly 75% to open space, including a 52,000 sq ft central park. The project offers 2, 3 and 4 BHK units and is priced at INR 5,199 per sq ft. It features 114 amenities and a 25,300 sq ft clubhouse. Located near established schools such as DAV Boys Senior Secondary School and Velammal Matriculation Higher Secondary School, the project targets family buyers prioritising academic proximity, while also benefiting from connectivity to Ambattur, Anna Nagar and key employment hubs.Read more
26 Apr 2026
G Builders has launched ‘KG One Global’, a commercial office development in Adambakkam near Guindy, Chennai, with an estimated gross development value of INR 220 crore. The project spans over 1.45 lakh sq ft and is designed as a LEED Gold-certified building, reflecting a focus on sustainability and operational efficiency. Located on the Inner Ring Road, it offers connectivity to Chennai International Airport, St Thomas Mount transit hub and key business districts. The development includes flexible office floor plates, retail components and infrastructure such as power backup and parking, targeting corporate occupiers and multi-tenant users in a growing commercial micro-market.Read more
25 Apr 2026
Casagrand has introduced ‘Lalaland by Casagrand’, a 40,000 sq ft candy-themed inflatable park on Chennai’s Outer Ring Road, marking the city’s first such attraction. Designed to host up to 350 visitors per slot, the park integrates over 15 interconnected inflatable elements into a single continuous play environment. The facility operates daily in evening slots and targets families, children and young adults. Located along the ORR with access via GST Road (NH 32), the project benefits from strong connectivity across key corridors. Entry pricing is set at INR 300 for children and INR 600 for adults, with bookings available online.Read more
24 Apr 2026
Manasum Senior Living plans to invest approximately INR 150 crore to develop a senior living project in Chennai, marking its continued expansion in India’s organised senior housing segment. The project, to be developed in collaboration with VNCT Global, will span 4.5 acres and include 92 villas and 36 apartments. Unit configurations range from sub-1,000 sq ft villas to compact 1BHK apartments, targeting independent senior residents. Alongside this development, the company has outlined a broader investment plan of INR 550 crore to expand its footprint across South and West India. The move comes amid growing demand for structured senior living communities, driven by demographic shifts, evolving family structures, and increasing preference for managed residential formats among ageing populations.Read more
15 Apr 2026
The Greater Chennai Corporation (GCC) has announced a lake restoration initiative worth INR 35 crore aimed at rejuvenating three key urban waterbodies Nolambur, Ramanthangal and Subramaniya lakes. The project, planned in the past week, adopts a blue-green infrastructure approach combining ecological restoration with urban design improvements. Works will include desilting, strengthening of bunds, creation of wetlands and bio-filtration systems to enhance water quality and groundwater recharge. Public amenities such as walkways and viewing decks are also proposed. The initiative responds to persistent urban flooding, declining groundwater levels, and degradation of natural drainage systems due to rapid urbanisation. Authorities intend the project to serve as a model for future waterbody restoration efforts across Chennai.Read more
11 Apr 2026
Casagrand has introduced a new premium residential project, Casagrand Ventra, in Kattupakkam, West Chennai, offering a mix of apartments and floor villas. Spread across 3.5 acres, the development includes 279 units supported by 57 lifestyle amenities and large open spaces. The project is strategically located on Poonamallee High Road, ensuring strong connectivity to metro stations, educational institutions, healthcare facilities, and employment hubs. With pricing starting from INR 85 lakh and going up to INR 2.97 crore, the project is positioned to attract both end-users and investors looking for well-connected urban housing options.Read more
01 Apr 2026
The Madras High Court has issued notice to the Tamil Nadu government on a public interest litigation challenging a recent government order that allows urban planning authorities to approve housing layouts in hill regions without clearance from the Hill Area Conservation Authority (HACA). The petition, filed by an activist, argues that the order weakens long-standing environmental safeguards governing development across 597 notified hill villages. The court has directed the state to respond within four weeks. The case raises regulatory concerns over land-use approvals in ecologically fragile zones and highlights tensions between development permissions and environmental oversight frameworks in Tamil Nadu's hill areas.Read more
31 Mar 2026
The Chennai Port Authority has approved an Initial Public Offering (IPO) for its wholly owned subsidiary, Kamarajar Port Ltd, marking the first instance of a state-owned port in India entering public markets. The board also approved issuing bonus shares from Kamarajar Port's reserves of about INR 3,000 crore to protect the authority's interest. Funds from the IPO will be used to repay an outstanding INR 843 crore SBI loan and address a pension deficit of INR 2,582 crore. Earlier approvals from the Ministry of Ports and Kamarajar Port's board have paved the way for the listing.Read more
30 Mar 2026
Enterprise cloud applications company Workday has leased approximately 1.94 lakh sq ft of office space at Millenia Business Park in Perungudi, Chennai, to establish a global capability centre (GCC). The transaction, structured as a sublease with Cowrks and backed by Brookfield Properties, is among the larger single-occupier office commitments in the city in recent quarters. The lease is divided into two phases, combining managed workspace and conventional leasing formats, with varying rental structures. The development highlights sustained demand for Grade A office assets in Chennai, particularly from global technology firms, supported by favourable state policies and the city's growing prominence as a GCC hub.Read more
30 Mar 2026
Prestige Estates Projects Ltd and Arihant Group have jointly acquired a 16.3-acre land parcel in Padi, Chennai, to develop a premium residential project with an estimated revenue potential of around INR 5,000 crore. The acquisition has been executed through their joint venture entity, Canopy Living LLP. The planned development will have a saleable area of approximately 3.6 million sq ft. The companies have not disclosed the transaction value or seller details. The project reflects continued developer interest in Chennai's residential market, supported by infrastructure growth and evolving housing demand.Read more
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29 Mar 2026
Casagrand Commercial has commenced construction of a 4.28-acre Grade A office development, Casagrand Skytech, in Perungudi. The project will deliver approximately 1 million sq ft of office space, targeting large corporates, IT/ITES firms, and global occupiers. Located along Chennai's IT corridor, the development is designed with large floor plates and modern infrastructure to support scalable office operations. The project adds to the developer's expanding commercial portfolio, which currently spans over 4 million sq ft across multiple cities, reflecting continued investment in office assets amid sustained demand from technology-led occupiers.Read more
28 Mar 2026
Chennai Metro Rail Limited (CMRL) has initiated plans to transform areas surrounding 41 metro stations into integrated multimodal hubs to improve last-mile connectivity across Chennai. The proposal covers a 500-metre radius around each station and aims to facilitate seamless interchange between metro rail, buses, autos, taxis, and suburban rail services. A tender has been issued to prepare a detailed project report outlining design, infrastructure upgrades, and implementation strategy. The move follows commuter concerns regarding inadequate pedestrian infrastructure, unsafe access points, and poor coordination between transport systems. Key high-footfall stations such as Central, Egmore, Guindy, Saidapet, and Alandur are expected to be prioritised under the initiative.Read more
26 Mar 2026
Airfloa Rail Technology has secured an order worth INR 22.91 crore from BEML Ltd for supply works linked to Phase II of the Chennai Metro Rail Limited network. The contract covers design, manufacture, supply, testing and commissioning of lighting systems for metro coaches, along with spares and tools. Execution is scheduled over a 17-month period, with supplies expected to begin later this year. Payment terms include full settlement within 45 days of delivery. The order forms part of ongoing rolling stock and systems procurement for the expanding metro network, which is being developed to enhance urban mobility capacity across Chennai.Read more
24 Mar 2026
Max Fashion has outlined plans to open 40-50 stores across India over the next year while targeting 100 outlets in Tamil Nadu within two years. The retailer recently launched its 34th store in Chennai and 71st in the state, reinforcing its focus on high-growth urban markets. The new outlet in Valasaravakkam spans 14,000 sq ft and reflects the brand's updated store format featuring dedicated sections for men, women and children. The company views Chennai as a key market for expansion due to its strong consumer base and evolving fashion demand. The expansion strategy includes both new store openings and upgrades to existing outlets to align with the new retail format.Read more
22 Mar 2026
KG Builders has launched two plotted residential projects KG Fields of Fortune in Kuthambakkam and KG Kingdom of Prosperity in Valarpuram near Thandalam as part of a 120-acre development portfolio in western Chennai. The projects carry an estimated Gross Development Value of around INR 400 crore and are located along the Valarpuram Thirumazhisai corridor, which is witnessing increased residential interest due to infrastructure developments such as the Chennai Metro Phase II extension, Chennai Bengaluru Expressway, Kuthambakkam Bus Terminus, and the proposed Parandur airport. The launch follows strong demand in the micro-market, with the developer's earlier project in Valarpuram fully sold out. The developments are aimed at both end-users and investors seeking plotted housing in emerging suburban locations supported by improving connectivity and relatively lower land costs.Read more
21 Mar 2026
DRA Homes has acquired a 3.91-acre land parcel in Karanai, off Old Mahabalipuram Road (OMR) in Chennai, for INR 49.70 crore, with plans to develop a mid-segment residential project valued at around INR 500 crore. The acquisition, announced in the past week, is part of the company's strategy to expand its presence in high-growth residential corridors. The site is located near key IT hubs such as Sholinganallur, Navalur, and Siruseri, supporting sustained housing demand from professionals. The proposed development will target mid-income buyers and forms part of DRA Homes ongoing efforts to strengthen its land bank in emerging micro-markets across Chennai.Read more
20 Mar 2026
The 14.6 km Chennai Metro stretch between Poonamallee Bypass and Vadapalani is now expected to open only after state assembly elections, due to restrictions under the model code of conduct and the desire for a full ceremonial launch. Conditional safety approvals have been granted, but final deck slab installations, signalling system adjustments, and incomplete stations remain. Initial services will operate on a limited schedule with selective station stops, gradually expanding as remaining stations and infrastructure are ready, providing much needed connectivity for west and central Chennai commuters.Read more
20 Mar 2026
US-based banking major US Bancorp is in advanced discussions to lease over 650,000 sq ft of office space in Chennai to establish its first Global Capability Centre (GCC) in India. The proposed transaction, reported in the past week, is expected to be executed at Embassy Tech Splendid, a commercial campus owned by Embassy Office Parks REIT. The facility is likely to be developed under a build-operate-transfer model in partnership with Cognizant Technology Solutions, with estimated monthly rentals of INR 4.5-5 crore. The centre will support technology, analytics, and back-office functions, with hiring projected at 3,000-5,000 employees over the next few years. The move reflects continued demand from global financial institutions for large office spaces in India's key technology markets.Read more
19 Mar 2026
Tata Consultancy Services (TCS) has expanded its office presence in Chennai by leasing additional space at Ozone Techno Park, reflecting sustained demand for high-quality commercial real estate in the city. The transaction, concluded in the past week, strengthens TCS's footprint in one of its key operational markets. The leased space is expected to support workforce expansion and accommodate growing business requirements, particularly in technology and services segments. Chennai continues to attract major occupiers due to its established IT ecosystem, infrastructure, and talent pool. The deal underscores continued leasing activity in India's office market, driven by large corporates consolidating and expanding operations in strategic urban centres.Read more
19 Mar 2026
VA Tech Wabag Ltd has secured a contract worth over INR 1,000 crore from Chennai Metropolitan Water Supply and Sewerage Board to strengthen water infrastructure in Chennai. The project includes development of a large transmission network, along with the revival and long-term operation of a 45 MLD tertiary treatment plant at Kodungaiyur. It aims to improve water distribution, support industrial demand, and expand reuse of treated wastewater. The project is part of the city's broader push to build a more reliable and sustainable water supply system.Read more
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