TVS Emerald secures ₹425 crore from IFC to develop housing projects in Chennai and Bengaluru

TVS Emerald, the real estate arm of the TVS Group, has secured a ₹425 crore investment from the International Finance Corporation (IFC) to develop housing projects in Chennai and Bengaluru. A part of the investment will be used to develop over 4,500 premium apartments, the company said in a statement. TVS Emerald has secured a […]

Prestige Group JV purchases 16 acres of land in Chennai

Bengaluru-based Prestige Group announced that its company, Canopy Living LLP, a joint venture between Prestige Estates Projects Limited and Arihant Foundations and Housing Limited, has signed an Agreement to Sell for the purchase of a land parcel measuring 16.381 acres located in Padi, Chennai. Chennai real estate update: Bengaluru-based Prestige Group announced that its company, […]

Net office leasing in top 8 cities up 25%, crosses 61 mn sq ft in 2025, led by Chennai and Delhi-NCR

India’s office real estate segment recorded a net absorption of 61.4 million sq ft (msf), a 25% year-over-year increase across the top eight cities. Net office leasing increased in Bengaluru, Hyderabad, Pune, Delhi-NCR, and Chennai, while it declined in Mumbai, Kolkata, and Ahmedabad. India’s office market saw net absorption of 61.4 msf in 2025, up […]

Chennai-based real estate developer, Casagrand, to take 1,000 employees on a week-long London trip as an annual reward

Chennai-based real estate developer Casagrand has announced that it will take 1,000 of its employees on a week-long fully sponsored holiday in London, organised as part of its annual employee reward initiative, named Profit Share Bonanza. Chennai real estate update: Casagrand has announced that it will take 1,000 of its employees on a week-long fully […]

Casagrand secures ₹700 crore investment from Blackstone for 4.2 million sq ft development

Casagrand said on November 20 that it has entered into a strategic investment deal with Blackstone under which the US-headquartered alternative investment firm had agreed to invest ₹700 crore to develop a 4.2 million sq ft of industrial and warehousing infrastructure near Chennai, according to the company statement. Casagrand said on November 20 that global […]

Is Chennai overtaking Pune and Coimbatore in the senior living market?

Once regarded as ‘pensioners’ paradise,’ Coimbatore in Tamil Nadu and Pune in Maharashtra were long seen as two of India’s most attractive senior living destinations, thanks to their salubrious climate, affordability, and established retirement communities. However, real estate experts say that both cities are now facing growing competition from Chennai, which is rapidly emerging as […]