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	<title>L&amp;T Innovation Campus &#8211; Chennai&#039;s Verified.RealEstate Community</title>
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	<title>L&amp;T Innovation Campus &#8211; Chennai&#039;s Verified.RealEstate Community</title>
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		<title>Poonamallee Emerges as a New Office Hub to Bridge Chennai’s Growing Demand-Supply Gap</title>
		<link>https://community.verified.realestate/article/poonamallee-emerges-as-a-new-office-hub-to-bridge-chennais-growing-demand-supply-gap/</link>
					<comments>https://community.verified.realestate/article/poonamallee-emerges-as-a-new-office-hub-to-bridge-chennais-growing-demand-supply-gap/#respond</comments>
		
		<dc:creator><![CDATA[Saranya Manoj]]></dc:creator>
		<pubDate>Tue, 11 Aug 2026 15:35:54 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Industry Insights and Expert Opinions]]></category>
		<category><![CDATA[Infrastructure Developments]]></category>
		<category><![CDATA[Market Updates]]></category>
		<category><![CDATA[Neighborhood Guides]]></category>
		<category><![CDATA[Property Investment]]></category>
		<category><![CDATA[Real Estate Market Trends]]></category>
		<category><![CDATA[Verified.RealEstate services and tools]]></category>
		<category><![CDATA[ASV Husainy Tech Park]]></category>
		<category><![CDATA[Chennai office space]]></category>
		<category><![CDATA[Chennai Real Estate]]></category>
		<category><![CDATA[FinTech City Chennai]]></category>
		<category><![CDATA[GCC Chennai]]></category>
		<category><![CDATA[IT parks Chennai]]></category>
		<category><![CDATA[L&T Innovation Campus]]></category>
		<category><![CDATA[Mount Poonamallee Road]]></category>
		<category><![CDATA[Porur IT corridor]]></category>
		<category><![CDATA[RMZ Infinity]]></category>
		<guid isPermaLink="false">https://community.verified.realestate/?p=20454</guid>

					<description><![CDATA[From office shortage to a new business hub — why Mount Poonamallee Road is gaining momentum.]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">Chennai’s office market is getting tighter as demand from IT companies and Global Capability Centres (GCCs) rises. At the same time, a cluster of large commercial projects is taking shape along Mount Poonamallee Road, Manapakkam and Porur. <strong>Could this corridor become Chennai’s next major office destination?</strong></p>



<p class="wp-block-paragraph">Chennai’s office market is entering an interesting phase. Demand for Grade-A office space is rising, while vacancy in prime office buildings has fallen below 10%.</p>



<p class="wp-block-paragraph">GCCs, IT companies and other businesses are looking for quality office space, putting pressure on available supply.</p>



<p class="wp-block-paragraph">This is where <strong>Mount Poonamallee Road</strong> becomes important.</p>



<h2 class="wp-block-heading">A new office corridor taking shape</h2>



<p class="wp-block-paragraph">The stretch covering <strong>Nandambakkam, <mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-luminous-vivid-orange-color"><a href="https://community.verified.realestate/article/manapakkam-rising-the-strategic-south-chennai-neighbourhood-investors-cant-ignore/" target="_blank" rel="noreferrer noopener">Manapakkam</a></mark> and Porur</strong> already has major commercial developments. It is now seeing more large-scale projects, potentially adding millions of square feet of office space.</p>



<p class="wp-block-paragraph">The growing number of existing and upcoming developments is further strengthening office supply in the region. This is expected to significantly improve availability and support future demand.</p>



<h3 class="wp-block-heading">RMZ Infinity, Porur</h3>



<p class="wp-block-paragraph">One of the biggest upcoming developments is <strong>RMZ Infinity</strong> in Porur, a large-scale commercial project expected to significantly strengthen Chennai’s western office corridor.</p>



<ul class="wp-block-list">
<li>RMZ Infinity spans ~<strong>2.97 million sq ft</strong>, positioned as a <strong>Grade-A office hub</strong> targeting GCCs, IT firms, and large enterprises.</li>



<li>Located on the <strong>Porur–Mount Poonamallee Road corridor</strong>, an emerging alternative to OMR with improving connectivity and lower congestion.</li>



<li><strong>Tata Projects (Aug 2026</strong>) was awarded the civil construction contract by RMZ Infinity to execute works for <strong>four commercial towers.</strong></li>
</ul>



<p class="wp-block-paragraph">The development is expected to feature modern office specifications, integrated amenities, and sustainability-focused design elements, aligning with the growing demand for large, consolidated office campuses in Chennai.</p>



<h3 class="wp-block-heading">ASV Husainy Tech Park, Manapakkam</h3>



<p class="wp-block-paragraph"><strong>ASV Husainy Tech Park (Manapakkam)</strong> is a Grade-A IT/ITeS development in a fast-emerging micro-market near Guindy, Porur, and the Chennai airport corridor.</p>



<ul class="wp-block-list">
<li>Designed for <strong>mid-to-large companies</strong> looking for flexible office space in a well-connected city location.</li>



<li><strong>Phase 1:</strong> ~<strong>1 million sq ft</strong> of modern office space with open, flexible floor layouts and strong corporate-level facilities.</li>



<li><strong>Future expansion potential:</strong> up to <strong>4 million sq ft</strong>, allowing the project to grow in stages over time.</li>



<li>The project is expected to see <strong>steady leasing as Chennai’s office demand increases</strong>, especially from IT companies and Global Capability Centres (GCCs) shifting beyond the OMR corridor.</li>
</ul>



<h2 class="wp-block-heading">L&amp;T is also building a major workplace ecosystem</h2>



<p class="wp-block-paragraph"><strong>L&amp;T Innovation Campus</strong> spans <strong>40 acres on Mount Poonamallee Road</strong>.</p>



<ul class="wp-block-list">
<li>Phase I is already developed and operational, comprising 2 towers with approximately 1.05 million sq ft of leasable space.</li>



<li>The full campus is planned to scale up to a potential <strong>6.5 million sq ft</strong>.</li>



<li>It is being developed as a <strong>mixed-use project</strong>, extending beyond just office spaces.</li>



<li>Planned amenities include <strong>food courts, retail outlets, a gym, and a creche</strong>.</li>



<li>The broader ecosystem also incorporates residential development.</li>



<li><strong>Avinya Enclave (Manapakkam)</strong> serves as the residential component associated with the campus.</li>



<li>Overall, the development is expected to accommodate and support <strong>50,000+ professionals</strong>.</li>
</ul>



<h2 class="wp-block-heading">Fintech City adds another dimension</h2>



<p class="wp-block-paragraph">The growth is not limited to IT.</p>



<p class="wp-block-paragraph">At Nandambakkam, the Tamil Nadu Industrial Development Corporation (TIDCO) is developing a <strong>56-acre Fintech City</strong> aimed at bringing together banks, financial institutions, NBFCs and fintech companies.</p>



<p class="wp-block-paragraph">TIDCO&#8217;s 56-acre Fintech City includes the <strong>upcoming Fintech Tower</strong>, which is another major commercial development in the corridor.</p>



<ul class="wp-block-list">
<li><strong>Fintech Tower (Nandambakkam)</strong> is an <strong>ongoing TIDCO project</strong></li>



<li>Planned size: <strong>~5.5 lakh sq ft built-up area</strong></li>



<li><strong>Facility management/tendering work is already in progress (2026 records)</strong></li>



<li>Expected impact:
<ul class="wp-block-list">
<li>Adds to the corridor’s <strong>commercial ecosystem</strong></li>



<li>Diversifies occupiers beyond IT</li>



<li>Strengthens mix of <strong>IT, GCCs, engineering, BFSI, and fintech sectors</strong></li>
</ul>
</li>
</ul>



<h2 class="wp-block-heading">Why this matters for Chennai real estate</h2>



<p class="wp-block-paragraph">The timing is important.</p>



<p class="wp-block-paragraph">ICRA says the <strong>Mount Poonamallee Road micro-market is already one of the major contributors to Chennai&#8217;s Grade-A office supply</strong>, along with Tharamani and Perungudi. It also expects vacancy to remain relatively low because of strong absorption and limited fresh supply.</p>



<p class="wp-block-paragraph">More offices mean more employees. More employees can create demand for <strong>rental housing, apartments, restaurants, retail, hotels, schools and other services</strong> around the corridor.</p>



<p class="wp-block-paragraph">Connectivity could further strengthen the trend, particularly as Chennai&#8217;s metro network expands across the western and southwestern parts of the city.</p>



<h2 class="wp-block-heading">From IT corridor to mixed-use business district?</h2>



<p class="wp-block-paragraph">Mount Poonamallee Road may therefore be entering a new phase.</p>



<p class="wp-block-paragraph">With <strong>RMZ Infinity, ASV Husainy Tech Park, L&amp;T Innovation Campus, Fintech City and existing office developments</strong> already forming a cluster, the corridor could gradually evolve from a road connecting different parts of Chennai into a <strong>major employment and commercial destination</strong>.</p>



<p class="wp-block-paragraph">For Chennai&#8217;s real estate market, the bigger question is not simply how much office space is being built.</p>



<p class="wp-block-paragraph">It is whether this concentration of <strong>jobs, offices and infrastructure will create the next major residential and commercial growth zone in the city.</strong></p>



<p class="wp-block-paragraph"><strong>The answer could increasingly point towards Mount Poonamallee Road.</strong></p>



<h3 class="wp-block-heading">Conclusion: A New Office Destination Taking Shape</h3>



<p class="wp-block-paragraph">With rising GCC demand and several large developments already operational or underway, <strong>Mount-Poonamallee Road is steadily emerging as an important office destination in Chennai</strong>. Projects such as RMZ Infinity, ASV Husainy Tech Park, L&amp;T Innovation Campus and Fintech City are set to add significant office capacity and help bridge the gap between demand and supply.</p>



<p class="wp-block-paragraph">For companies looking for the right location, this growing corridor offers an opportunity to <strong>plan ahead, secure suitable office space and build for future expansion</strong>.</p>



<p class="wp-block-paragraph">From identifying the right location and building to negotiating leases and managing fit-outs, professional guidance from <a href="https://corporate.verified.realestate/industries-gcc-and-office-occupiers" target="_blank" rel="noreferrer noopener"><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-luminous-vivid-orange-color">Verified.RealEstate Corporate team</mark></a>  can help occupiers move smoothly from <strong>footprint planning to handover</strong>.</p>



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