Tamil Nadu approves major 500-acre land acquisition for Kanchipuram industrial expansion, targeting manufacturing and IT infrastructure development with construction beginning early 2026.
Navi Mumbai dominates India's data center market with 44% market share, driven by strategic submarine cable access, advanced fiber connectivity, and developer partnerships supporting AI cloud and digital service expansion.
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.