Exterior view of the International Tech Park Chennai (ITPC) on Radial Road, a Grade A net-zero office building acquired by...

The Chennai Takeover: Why Mindspace REIT Just Dropped ₹3,000 Crore on the PTR Corridor

Mindspace Business Parks REIT has announced a massive ₹30 billion acquisition of a 51% stake in the International Tech Park Chennai (ITPC) on Radial Road. This move, in partnership with 360 ONE Asset, cements Mindspace as a dominant force in Chennai’s commercial real estate, adding 2.6 million sq. ft. of "Net Zero" designed office space to their growing national portfolio.

Read MoreThe Chennai Takeover: Why Mindspace REIT Just Dropped ₹3,000 Crore on the PTR Corridor