Report | Future Cities
India Report - Chennai 2030 - Expanding Horizons
November 17, 2022
Tamil Nadu has emerged as a preferred destination for industries and tech corporates looking to expand their operations in India. This was largely driven by its diversified economic base, state-of-the-art infrastructure, favourable investment climate, adequate policy interventions, stable governance, and structural reforms. Chennai, the state’s capital, leveraged the aforementioned advantages and evolved as the epicentre of real estate activity over the years.
In addition to exploring the growth story of the city, this report spotlights the current real estate scenario and what the future holds for it towards 2030.
Chennai real estate in 2030: A snapshot
Office: Increase in futureproofed buildings via a combination of leading-edge physical, human and digital elements
Retail: Emergence of new brand entities; right-sizing of brand portfolios; diversification of developer portfolios
Residential: Change in product alignment; increase in land acquisition; increased dependence on alternate investment funds
Industrial & Logistics: Logistics hubs to emerge closer to new infrastructure initiatives; increased focus on ESG
Click download to know more about what awaits the city by 2030!