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Tue, 19.12.2023
Home REAL ESTATE BFSI dominate GCC oriented transactions in Chennai 2023: Knight Frank India

BFSI dominate GCC oriented transactions in Chennai 2023: Knight Frank India

by Press Room


The burgeoning trend of Global Capacity Centres (GCC) focused transactions in Chennai’s commercial real estate market has taken centre stage. Chennai has recorded a remarkable surge in GCC-oriented office transactions during 2023, totalling 6.02 million sq ft across 71 deals, said a study by Knight Frank India, an independent, global property consultancy.

This represents a substantial 176 per cent year-on-year (YoY) increase, signifying the city’s growing prominence as a preferred…



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