Just as CNBC-TV18 reported a few months ago, the commercial real estate space in Chennai has suddenly become prime property.\u00a0Chennai\u2019s IT corridor could soon turn home to a few new names. The last three months have seen the city’s preferred realty corridor turn into a hotbed of commercial deals.\u00a0It began in February when Ford India inked an Rs 800-crore deal to acquire 28 acres of land for a back-end office.\u00a0Soon after, Bengaluru-based Brigade Group announced plans to build a World Trade Centre on its newly-acquired 16 acre land bank nearby. A couple of weeks ago, the Embassy Group acquired 26 acres just off the IT corridor, at Thoraipakkam, on which it will build office property spanning 4.5 million square feet.<\/p>\n
Read more: Moneycontrol<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Just as CNBC-TV18 reported a few months ago, the commercial real estate space in Chennai has suddenly become prime property.\u00a0Chennai\u2019s IT corridor could soon turn home to a few new names. The last three months have seen the city’s preferred realty corridor turn into a hotbed of commercial deals.\u00a0It began in February when Ford India\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[107,99,104],"class_list":["post-394","post","type-post","status-publish","format-standard","hentry","category-chennai","category-city","tag-office-deals","tag-office-demand","tag-office-space"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=394"}],"version-history":[{"count":1,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/394\/revisions"}],"predecessor-version":[{"id":395,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/394\/revisions\/395"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}