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Chennai's retrofit market valued at 60 billion with 50 mn sq. ft. upgrade potential and rental upside
Commercial Design
|June 2025
Chennai's office real estate market presents a significant opportunity for value enhancement through strategic upgrades with 52-57 mn sq ft of the total 89 mn sq ft office stock in the city holding upgradation potential, representing a substantial portion of the market, says a report published by real estate consulting firm CBRE South Asia.
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According to a report published by CBRE, the opportunity is largely concentrated in OMR Zone 1, OMR Zone 2, Mount Poonamallee High Road, and sub-markets indicating specific areas where modernisation efforts can yield the most impact.
Diese Geschichte stammt aus der June 2025-Ausgabe von Commercial Design.
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