Nizam, Founder Findbhk.com

01 Nov 2025

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

21 Oct 2025

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

19 Oct 2025

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

07 Oct 2025

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

01 Oct 2025

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

27 Sep 2025

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

27 Sep 2025

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

26 Sep 2025

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

19 Sep 2025

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

15 Sep 2025

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

11 Sep 2025

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

08 Sep 2025

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

08 Sep 2025

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

03 Sep 2025

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

29 Aug 2025

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

28 Aug 2025

The Greater Chennai Corporation (GCC) has streamlined its property tax system for 2025, encouraging homeowners to utilize a new, user-friendly online portal for payments. This initiative is part of a broader digital governance push to enhance transparency and improve tax collection efficiency. By using the official website (tnurbanepay.tn.gov.in), residents can conveniently pay dues, track payment history, and even apply for property assessments, all from the comfort of their homes.Read more

28 Aug 2025

Ashiana Housing has acquired nearly 23 acres of land on a perpetual lease within Mahindra World City, Chennai, from Mahindra World City Developers, a subsidiary of Mahindra Lifespace Developers. The land, located beside its existing project Ashiana Vatsalya, will be used for a senior living development with a potential saleable area of 15 lakh sq ft and estimated revenue of INR 1,200 crore. The company has also reported strong sales growth in the recent fiscal quarter.Read more

24 Aug 2025

The Madras High Court has ordered a citywide audit of property tax assessments in Madurai following a public interest litigation (PIL) that has exposed a massive INR 200 crore property tax scam. The court has also directed the formation of special teams to verify the correctness of all assessments. This action comes, as a Special Investigation Team (SIT) is already probing the scam, which allegedly involves the undervaluation of properties by officials, political figures, and the manipulation of the online tax system.Read more

11 Aug 2025

Chennai-based DRA Group has entered into a strategic joint venture with the Philippines-based Balajadia Family Office to develop a large-scale commercial and retail project in India. The collaboration, sealed during the Philippines-India Business Forum in Bengaluru, will see the development of one million square feet of Grade-A space in the first phase. The project is being launched with an estimated investment of USD 100 million and will be carried out through a specially created SPV platform.Read more

30 Jul 2025

Chennai's civic authority cleared around 2 lakh tonnes of building waste across all city zones, with daily averages of 1,000 tonnes moved using more than 160 vehicles. The debris is being recycled into construction materials at municipal plants, offering cost savings and promoting reuse. A dedicated app tracks operations, while new rules have generated public engagement and INR?39.3 lakh in fines. Despite this, regulatory bodies flagged that processing plants remain inoperative, necessitating urgent action to meet environmental norms.Read more