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Category Archives: Real Estate
BNP Paribas Leases 5 Lakh Sq. Ft. at One Radial in Che...
Chennai’s commercial real estate market continues to attract major global companies, with international banking group BNP Paribas leasing around 5 lakh sq. ft. of office space at One Radial, a commercial campus owned by Mindspace Business Parks REIT. The 10-year lease covers four floors of the office complex located along Pallavaram–Thoraipakkam Road, one of Chennai’s established commercial corridors. Key Highlights Company: BNP Paribas Office …
Why Chennai Homebuyers Are Looking Beyond the Core Cit...
Chennai: With property prices and development spreading out across the city, homebuyers today are increasingly looking beyond Chennai’s traditional residential areas. Buyers looking for more space, newer developments, and different price options are gravitating toward South and West Chennai. Plots are also popular, particularly with buyers looking to build a home in the future or to hold land as a long-term asset. Improved road …
CREDAI Chennai Members Explore Port City Colombo Devel...
Chennai: CREDAI Chennai recently hosted an interaction with representatives of Port City Colombo, bringing together Chennai’s real estate developers and professionals to understand the large-scale development taking shape in Colombo. The meeting, held at ITC Grand Chola, Chennai, gave members an opportunity to learn about Port City Colombo’s development framework and explore possible areas of interest across real estate, construction, design, and allied sectors. …
Starbucks Chooses Chennai for First India GCC; Hiring ...
Starbucks is coming to Chennai with its first Global Capability Centre (GCC) in India. Jobs: Around 800 technology professionals in the first phase Hiring: Expected to begin in Q1 2027 Focus: Technology and global business operations Location: Chennai The center will support Starbucks’ global operations and gradually bring some work currently handled by third-party providers in-house. Starbucks said Chennai was selected for its technology …
Sridevi’s 2.7-Acre Chennai Property Dispute Reaches Su...
Property: 2.7 acres in Sholinganallur, Chennai Location: Survey No. 1/1B, Sholinganallur History: The land was acquired through sale deeds in 1988 by Sridevi and her family. Latest: The Supreme Court has issued notice to Boney Kapoor, Janhvi Kapoor and Khushi Kapoor and directed status quo on the property. Next step: The court has suggested mediation, with the matter listed again for December 18, 2026. …
Chennai Property Tax Dues Cross ₹847 Crore
₹847.80 crore in property tax is yet to be collected by the Greater Chennai Corporation. 6.03 lakh property owners have pending current or previous dues. Deadline: September 30, 2026 Property tax helps fund civic services, including roads, streetlights, parks, waste management, and public health. Property Inside Tip: If you own property in Chennai, check your tax status and clear any pending dues before the …
DRA Acquires 10 Acres Near OMR for ₹159 Crore
DRA has acquired a 10-acre land parcel near Thazhambur, off OMR in South Chennai, for ₹159 crore. Land: 10 acres Acquisition: ₹159 crore Planned development: 1.55 million sq.ft. Estimated GDV: ₹1,200 crore Location: Thazhambur, OMR The proposed project is planned with row houses, mid-rise apartments, and a 38-story residential tower. Property Inside Take: Another sizeable residential development is entering the OMR–Thazhambur corridor, adding to …
Walgreens Chooses Chennai for Its First India GCC
US healthcare company Walgreens has signed an MoU to establish its first Global Capability Centre (GCC) in India at DLF Downtown, Taramani, Chennai. Location: DLF Downtown, Taramani Initial jobs: 250+ Focus: Technology & business services Corridor: OMR GCC corridor The center is planned to support Walgreens’ global technology and business operations, with further expansion expected. Property Inside Take: Another global company choosing the Taramani–OMR …
Realty Stocks Rise as Rate Outlook Comes Into Focus
Lodha Developers rose more than 4% while the broader Nifty Realty index gained nearly 2%. Other big realty stocks like DLF, Prestige Estates, Godrej Properties and Sobha also traded higher. Lodha +4% Nifty Realty +2% 🏢 Why it matters: Interest rates can impact the cost of home loans, demand for housing and the cost of financing for developers. Propert inside : For homebuyers, the …
Sumadhura Plans ₹38,000 Crore Real Estate Expansion by...
Sumadhura Group is planning projects with a combined development value of around ₹38,000 crore by 2030, with ₹17,000 crore planned for investment over the next four years. ₹38,000 Cr—planned project pipeline ₹17,000 Cr—planned investment in Chennai | Bengaluru | Hyderabad 35 million sq. ft.—planned residential projects The group says its upcoming pipeline will include residential, office, and warehousing projects, with Chennai among its key …
