Amazon Development Centre India leases 220000 sq ft from WeWork in Chennai, marking 2025's largest office transaction. The 40-month deal accommodates 3500+ work units, underscoring Chennai's rising prominence alongside Bengaluru and Hyderabad in India's tech real estate landscape.
Chennai-based G Square Group acquired 714-acre Kovai Hills project for Rs 1000 crore, rebranding it as G Square Seven Hills township in Coimbatore with premium plots and mixed-use development.
Coimbatore dominates Tamil Nadu’s property registration revenue growth at 14.42% in 2024-25, outperforming Chennai due to rising transactions, stricter compliance, and streamlined digital processes.
The Center has cleared twenty-three new special economic zones (SEZs), including seventeen IT and ITeS zones, with in-principle approval granted to six additional proposals.