CapitaLand 9.3ha IT park Coming-up in Chennai
CapitaLand is commencing construction for the first phase of the International Tech Park Chennai (ITPC), Radial Road. Located along Chennai's IT corridor, 9.3ha IT park has 4.6 million sq ft of development potential for premium Grade A office space. It has been pre-certified with a Platinum rating by the Indian Green Building Council Chennai is one of CapitaLand’s key markets for growth. “It is the most diversified market for us in India and we have invested in IT parks, industrial townships, warehousing and lodging in the city,” said Vinamra Srivastava, chief executive of business parks at CapitaLand India. The first phase of the development will comprise two buildings offering 2.6 million sq ft of office space for IT and IT-enabled services (ITeS) companies. The first block will be operational by Q4 2022, while the second block will be up and running by Q2 2024. When fully developed, the tech park will have amenities such as restaurants, food courts, a fitness centre, a clinic, a childcare centre and event spaces. The new park will offer more options for IT and ITeS companies to expand their businesses in the city.
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