1. Office Space Expansion in Key Corridors

Chennai is witnessing a surge in demand for premium office spaces, particularly in areas like Old Mahabalipuram Road (OMR), Thoraipakkam, and Siruseri. The city is set to add 12–13 million square feet of premium office space by 2025–26, catering to the needs of Global Capability Centres (GCCs) and IT-BPM firms. Notably, companies like Walmart have expanded their tech presence in Chennai, leasing over 465,000 square feet to support operations, R&D, and cybersecurity needs. 

2. High Street Retail Demand Surges

The retail real estate sector in Chennai is experiencing robust growth, with high street locations outpacing traditional malls in demand. In the first quarter of 2025, high street spaces accounted for over 90% of total retail leasing, driven by strong consumer footfall and limited supply. Areas like Anna Nagar, Perambur, Arcot Road, and Aminjikarai are leading this trend, with rental growth observed in these corridors. ​

3. Industrial and Warehousing Growth in Strategic Hubs

Chennai’s strategic location and robust infrastructure have positioned it as a key hub for industrial and warehousing activities. The city witnessed a 72% growth in warehouse leasing volumes compared to the first half of 2024, with the Oragadam submarket leading with a 20% share, followed by Madhavaram at 19%. This demand is primarily driven by third-party logistics (3PL) players and the automotive industry. Developers like IndoSpace are responding by increasing investments in Tamil Nadu to meet the escalating demand for industrial parks.