Tamil Nadu engages realty developers to fast track Global Capability Centre corridors
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To advance the implementation of the Tamil Nadu GCC Corridor and Development Programme, the Department of Industries, Investment Promotion and Commerce, Government of Tamil Nadu, convened a roundtable discussion at Guidance Tamil Nadu on Friday with leading real estate developers from Tamil Nadu and across the country, in the presence of Industries Minister S. Keerthana.
According to details shared by Guidance, the discussion focused on accelerating the development of Grade-A office space and supporting infrastructure across the identified corridors to meet the needs of the state’s growing Global Capability Centre (GCC) ecosystem. The roundtable brought together developers’ perspectives on strengthening these corridors as integrated destinations for GCC investment and growth.
Tamil Nadu is home to more than 460 GCCs, including over 405 in Chennai, with the sector adding more than 55,000 jobs in 2025. Continued expansion by existing centres, alongside interest from new investors, has increased the need for readily available, high-quality office space.
Participants discussed measures to accelerate project development, maintain competitive rentals and ensure that suitable space is available within the timelines required by global companies. Developers shared their perspectives on land availability, development costs, floor space index (FSI), approval processes and infrastructure requirements.
The discussion emphasised the importance of developing complete GCC ecosystems in Rajiv Gandhi Salai (OMR), Pallavaram–Thoraipakkam Radial Road (PTR) and Mount–Poonamallee High Road (MPR) through mixed-use projects that integrate offices with housing, schools, healthcare, hospitality and retail. Public transport, last-mile connectivity and pedestrian access were identified as essential to supporting the growth of these corridors. Participants noted and appreciated the greater transparency and accountability they had experienced in their interactions with government departments, with fewer discretionary hurdles contributing to a more conducive environment for investment.
The roundtable also provided an opportunity to encourage greater use of the State’s Single Window Portal and explore investments beyond Chennai, including in emerging locations such as Hosur.
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