Allcargo Terminals is planning a second container freight station (CFS) in Chennai, located in the Kattupalli-Ennore corridor, to manage growing logistics demand in the region. The company has extended its 30-acre land lease from Venkatesh Coke and Power Limited (VCPL) until September next year, paying an annual rent of INR 9 crore. The expansion complements Allcargo's existing 23-acre Chennai CFS, which handles over-dimensional cargo and operates 24/7. The new facility is expected to strengthen the company's presence in southern India and improve cargo handling efficiency.Read more

Repco Home Finance reported a net consolidated profit of INR 103.15 crore for the quarter ended September 30, 2025, down 5.12% from INR 108.72 crore in the same quarter last year. Total income increased by 4.18% to INR 441.90 crore, while the loan book grew by 7.7 % to INR 15,033 crore. The gross NPA ratio improved to 3.16 % and net NPA stood at around 1.50 %. Non salaried borrowers account for 52.6 % of loans, and the company maintained a strong capital adequacy ratio of 36.88 %, reflecting prudent risk management.Read more

The Metropolitan Transport Corporation (Chennai) Ltd. (MTC) received 'City with the Best Public Transport System' award at the Urban Mobility India Conference 2025 in Gurugram for its achievements in connectivity, digital integration, and inclusivity. The recognition highlights MTC's wide network of over 660 routes, the Vidiyal Payanam free travel scheme for women, the school bus service scheme, electric bus introduction, and app-based journey planning through Chennai One. It also acknowledges efforts toward safety, sustainability, and improved accessibility across Chennai's public transport system.Read more

IHCL has announced the signing of a 151-key Taj hotel on Chennai's ECR, a greenfield project developed in partnership with MGM Healthcare. The move targets Chennai�s growing corporate, IT, and automobile-driven demand, as well as leisure travel and MICE events. With this addition, IHCL�s portfolio in the city will rise to 16 hotels, including six under development. The project strengthens the company�s strategic presence in South India, providing travellers with more options while reinforcing its position in a competitive and growing hospitality market.Read more

The Chennai Metro Rail Limited (CMRL) has signed a INR 48.33 crore contract with Faiveley Transport Rail Technologies India Pvt Ltd to install an anti-drag passenger door safety system across all 52 trains operating under Phase I. The system enhances existing obstacle-detection technology by identifying thin or light materials such as saree ends, dupattas, bag straps, and belts that could get trapped during door closure. If entrapment occurs, it will trigger an emergency brake and alert the driver instantly. CMRL clarified that this initiative is a preventive safety upgrade, not incident-driven. The feature will also be standard on Phase II trains, reinforcing global safety standards and boosting public confidence in Chennai's metro system.Read more

Nizam, Founder Findbhk.com

Padur, located along Chennai's Old Mahabalipuram Road (OMR), has rapidly evolved from a quiet coastal stretch into one of South Chennai's most attractive real estate hotspots. With robust IT connectivity, educational and healthcare institutions, and growing infrastructure, the locality has witnessed notable price appreciation in the past few years. Affordable land rates compared to neighbouring hubs like Sholinganallur and Navalur make it ideal for first-time investors seeking high ROI potential, supported by strong end-user demand and ongoing infrastructure development.Read more

The Chennai One mobility app, launched by the Chennai Unified Metropolitan Transport Authority (CUMTA), is preparing to include INR 1,000 and INR 2,000 monthly commuter passes to simplify travel across the city. Despite strong initial adoption, commuters have requested better training for MTC staff to assist with app usage. The app already consolidates buses, suburban trains, MRTS lines, and metro services, offering real-time tracking, UPI payments, and QR code validation. Future plans include student and senior citizen passes, women's free bus service, smart parking, and optimized routes for differently-abled passengers.Read more

Lloyd's List Intelligence is establishing a Centre of Excellence in Chennai to strengthen its maritime data and technology operations. The centre will generate over 200 roles in data analysis, software development, and quality assurance. Chennai's skilled workforce, maritime heritage, and government support make it an ideal location. The centre will manage more than a billion daily maritime data points, supporting global stakeholders with real-time intelligence. This expansion aligns with India's growing maritime focus and the company's broader Asia-Pacific strategy.Read more

Brigade Enterprises Ltd has entered into a Joint Development Agreement to build a 6.6-acre residential project in West Chennai, with an estimated Gross Development Value (GDV) of INR 1,000 crore. The Bengaluru-based company aims to strengthen its presence in Chennai, its second-largest market, through this venture. The city's real estate sector has shown consistent growth, supported by infrastructure development and demand from homebuyers and investors. The project reflects Brigade's strategy to expand its portfolio while tapping into high-growth housing markets.Read more

The Greater Chennai Corporation has collected INR 910 crore in property tax during the first half of the current financial year against a target of INR 1,100 crore. To address the gap, officials have introduced digital reminders, QR-code payment options and systematic follow-ups. The shift towards online compliance reflects the growing use of technology in civic revenue systems and the urgency to meet financial benchmarks.Read more

Nuvama and Cushman & Wakefield's joint venture fund has finalised the acquisition of a large office campus in Chennai from Singapore-based Keppel group in a deal worth INR 2,550 crore. The transaction was carried out under their flagship Prime Offices Fund, which aims to invest in prime commercial properties across high-growth micro-markets in India. The Chennai campus, spread across 2.4 million sq ft in Porur, marks the second major acquisition under the fund.Read more

Keppel Corporation is selling its One Paramount office park in Porur, Chennai, to the Prime Offices Fund for INR 2,750 crore. The 2.4 million square feet Grade-A tech park houses tenants like Genpact and Maersk and offers strong rental yields of 7-7.5%. The Prime Offices Fund, managed by Nuvama Asset Management and Cushman & Wakefield India, is actively expanding its presence in key Indian cities with a focus on premium, fully leased office assets, reflecting continued investor confidence in India's commercial real estate market.Read more

Chennai's new multi-modal transport app, Chennai One, has launched to unify the city's public transport, including buses, metro lines, and suburban trains, into a single platform. Within the first 24 hours, it recorded over 1.3 lakh downloads and more than 4,000 ticket bookings. Developed by the Chennai Unified Metropolitan Transport Authority (CUMTA), the app provides cashless ticketing via UPI, GPS-based vehicle tracking, and a single QR code for all transport modes. Initial feedback highlights areas for improvement, including last-mile connectivity and system integration.Read more

The Madras High Court has upheld the prohibition on commercial ventures such as resorts and hotels within the Segur Plateau Elephant Corridor in the Nilgiris. It supported the findings of a Supreme Court-appointed inquiry committee, allowing landowners to pursue eco-friendly agriculture while preventing barriers that obstruct elephant movement. The court directed the state to classify adjoining revenue lands as reserved forests and to initiate the acquisition of private lands within the corridor with compensation, starting within six months, aiming to protect elephant migration paths while safeguarding property rights.Read more

Allcargo Supply Chain, a subsidiary of Allcargo Logistics, inaugurated a new logistics park in Panapakkam, near Chennai. The facility spans 275,000 square feet and is designed to handle over 300 vehicles daily, with a monthly throughput of approximately 60,000 tonnes. Strategically located at the intersection of NH 76 and SH 50, it offers connectivity to key industrial hubs like Red Hills, Chennai Port, Sri City, Sriperumbudur, and Oragadam. The park aims to support distribution in sectors such as automobiles, e-commerce, and consumer durables, with a significant focus on the automobile industry.Read more

Amazon Development Centre India has leased 220,000 sq ft of office space from WeWork in Chennai, marking the largest single office transaction in the city this year. The 40-month lease is expected to house more than 3,500 employees, reflecting both Amazon's expansion plans in southern India and the rising demand for flexible office solutions. Chennai, which has been steadily building its reputation as a technology and business hub, now joins Bengaluru and Hyderabad as a preferred location for global corporations seeking scalable workspace options.Read more

A 19-member team from Chennai Angels visited Sri City's Special Economic Zone to study investment potential and business prospects. The delegation, led by industrialist K Mahalingam of TSM Group, was welcomed by Sri City Founder and Managing Director Ravindra Sannareddy. The visit included a detailed presentation on the zone's infrastructure, sustainability initiatives, and business-friendly setup. Members also toured manufacturing units of Daikin, Isuzu, and Colgate. Formed in 2009, Chennai Angels supports startups with capital and mentorship, helping them scale their businesses while encouraging entrepreneurship in India.Read more

Global pharmaceutical company AstraZeneca has announced a fresh investment of INR 176 crore in India to expand its Global Innovation & Technology Centre (GITC) in Chennai. This marks the firm's third major investment in the country within two years. The move aims to strengthen AstraZeneca's global healthcare innovation presence, foster digital capabilities, and support advanced technology-led healthcare solutions. The initiative will also generate skilled employment opportunities and reinforce Chennai's position as a leading hub for global innovation.Read more

The Madras High Court criticised the Greater Chennai Corporation for failing to enforce sealing orders against unauthorised buildings promptly. The bench remarked that the civic body acted with negligence and indolence by allowing occupants to pursue alternate legal remedies instead of carrying out directives. Following contempt proceedings, officials issued an apology, which the court accepted after the property in Virugambakkam was finally sealed.Read more

Techno Digital, the digital infrastructure arm of Techno Electric & Engineering Company Ltd (TEECL), has officially launched its 36MW AI-ready hyperscale data centre at SIPCOT IT Park in Chennai. The facility, built with a committed investment of USD 175 million ( INR 1,535 crore), is a key part of the company's broader USD 1 billion national investment plan to develop scalable and sustainable digital infrastructure across India. With a capacity for about 2,400 high-density racks, the new data centre is strategically designed to provide resilience against climate risks and offers seamless connectivity to India's internet backbone, with future sites also planned for Kolkata and Noida.Read more