Top 10 Commercial Projects of Chennai

Introduction

Chennai, which is located in the Indian state of Tamilnadu, is more than just a tranquil and diverse city. Additionally, it is the best location for conducting business operations without hassle because the city is teeming with the best and most affordable commercial properties. Chennai, which has both domestic and international airports, has emerged as one of India’s most popular business centers.

Chennai is the sixth-most populous city in India and the fourth-most populous urban agglomeration, both according to the 2011 census. The Greater Chennai Corporation, which was founded in 1688 and is the second-oldest city corporation in the world after London, is the civic body in charge of the city. The Chennai Metropolitan Area, the 36th-largest urban area in the world by population and one of the largest metropolitan economies in India, is comprised of the city of Chennai and the Chennai district. Together with the nearby suburbs, these two entities make up the Chennai district.

In the 2014 edition of India Today’s annual survey of Indian cities, Chennai, which is ranked as a beta-level city in the Global Cities Index, was named the best city in India. The BBC named Chennai the “hottest” city in 2015, citing its blend of traditional and modern values as a reason to go there and stay for a while. The only South Asian city to appear on National Geographic’s 2015 list of the “Top 10 food cities” was Chennai. Chennai was ranked by Lonely Planet as the ninth most cosmopolitan city in the world. Chennai’s rich musical history led to its inclusion on the UNESCO Creative Cities Network (UCCN) list in October 2017.

Utility Services

The Chennai MetroWater Supply and Sewage Board is in charge of overseeing the city’s water supply and sewage treatment. The city’s two main water reservoirs, Red Hills Lake and Chembarambakkam Lake, are used to supply water to 27 water distribution stations throughout the city after being treated at water treatment facilities in Kilpauk, Puzhal, and Chembarambakkam. The city receives 530 million liters of water per day (mld) from the Krishna River via the Telugu Ganga project, 180 mld from the Veeranam lake project, and 100 mld from the Minjur desalination plant, the largest sea water desalination facility in the nation.

However, a massive 713 mld deficit is anticipated for Chennai in 2026 as a result of the demand being predicted to be 2,248 mld and the supply being predicted to be only 1,535 mld. The sewer system for the city was created in 1910, with some changes made in 1958. The city corporation is in charge of 714 public restrooms, and the corporation has plans for 2,000 more. 52 community halls are owned by the corporation throughout the city. The city of Chennai is served by the Corporation of Chennai. The Corporation is responsible for the removal and processing of solid waste in the other wards, with a superintendent engineer overseeing the channels. Ramky Enviro Engineers Limited, a private company, is contracted to collect garbage in some of the wards. There are eight transfer stations for waste treatment in the city as of 2011. Two dump-yards in the city—one in Kodungaiyur and one in Pallikaranai—with a sizable portion of the latter covering the Pallikaranai marshland—are used to dispose of waste. The conservation work is done at night in market areas. The Tamil Nadu Electricity Board is responsible for distributing electricity. The Tamil Nadu Fire and Rescue Services are in charge of providing fire services. There are 33 active fire stations within the city and its surrounding areas. There are 568 post offices in the Chennai City area, and nearly 460 of them use rented space.

Commercial Projects:

1. SPR Market of India: 

For purchasing commercial properties in Chennai, SPR Group is regarded as the most reliable and reasonably priced real estate company. The company is dedicated to completing commercial projects everywhere, not just in prime areas. It also provides the top projects that give investors a good return on their investment. The developer will introduce a brand-new project in Chennai’s Perambur neighborhood of Chennai North that will include a staggering 5000 office and retail units spread across 12 towers. Two different sized office spaces, measuring 534 square feet and 2000 square feet, will be offered for Rs 74.76 Lakhs and 2.8 Crores, respectively. The built-up areas of the shops will range from 180 square feet to 2400 square feet, with prices between Rs 22.5 lakhs and Rs 3.0 crores. The project has excellent access to all major roads and desirable areas. 

2. Green Leaf Farm:

For purchasing high-yield farmlands at the most competitive prices, Green Leafis is regarded as the most reliable source. The Chennai-based business offers high-quality agricultural lands that will provide investors with the best returns. The company will begin construction on its Green Leaf Farm project, which will be the best commercial property in Chennai, in the Acharapakkam neighborhood of Chennai South. 10,000 square feet will be the initial development area for each 0.02-acre plot, with a starting land price of Rs 15 lakhs.

3. Prestige The Forum Vijaya Mall: 

Since its founding in 1986, the Prestige Group has occupied a prominent position in the Tamilnadu real estate market in India. It is renowned for creating first-rate projects across South India that provide buyers with good returns. The company will start a brand-new business venture in Chennai South’s Vadapalani neighborhood. According to the plan, empty office spaces will be built, with a starting carpet area of 1,600 square feet and a starting property cost of Rs. 3 crores. All amenities are provided, and the project is well connected to major thoroughfares and locations.

4. KG Shakti Towers:

One of the top real estate firms in Chennai, KG Developers offers all of its projects with the highest level of professionalism at the most affordable price. The builder is well known for creating profitable projects in desirable areas that enable investors to get a better ROI quickly. One of the firm’s commercial projects in Chennai Central’s Mount Road is KG Shakthi Towers. With a starting construction area of 1,764 square feet and an initial property cost of Rs. 1.37 Crores, the plan calls for the construction of empty office spaces. The project has the best connectivity to major roads and locations and excellent amenities.

5. ASV Adarsh:

One of the top real estate firms in Chennai, KG Developers offers all of its projects with the highest level of professionalism at the most affordable price. The builder is well known for creating profitable projects in desirable areas that enable investors to get a better ROI quickly. One of the firm’s commercial projects in Chennai Central’s Mount Road is KG Shakthi Towers. With a starting construction area of 1,764 square feet and an initial property cost of Rs. 1.37 Crores, the plan calls for the construction of empty office spaces. The project has the best connectivity to major roads and locations and excellent amenities.

6. Brigade World Trade Center:

Among Chennai business owners, Brigade Group is regarded as the top source for building various business sectors. Despite having its corporate headquarters in Bangalore, the real estate company has built a solid foundation in Chennai. The company will debut a brand-new retail endeavor in Chennai’s OMR, Chennai South. According to the needs and budget of the investors, the construction plan includes the construction of retail shops in a variety of sizes. The project is being built with top-notch amenities from around the world and the best connectivity to all crucial infrastructures.

7. K Raheja Commerzone:

With more than six decades of experience in the real estate industry, K Raheja Corp. is one of Chennai’s oldest and most reputable real estate firms. The developer has a reputation for creating the most prestigious projects at the most affordable costs. One of the company’s planned commercial projects is K Raheja Commerzone in Porur, Chennai West. The plan calls for the development of roomy retail spaces on 6.2 acres of land with first-rate amenities. They will be offered for a starting price of Rs. 6 Lakhs with a built-up area of 500 square feet.

8. Akshaya Cube:

Leading real estate firm in Chennai, Akshaya, offers top-notch projects at competitive prices. The business is renowned for completing cutting-edge projects and offering complete transparency in all aspects of its real estate services. In Thoraipakkam, Chennai South, the developer will introduce its brand-new Akshaya Cube commercial project. The plan calls for the construction of a single tower with 10 floors and 14 retail store units on a 0.46-acre plot of land. This RERA-approved project provides shops in a range of sizes to accommodate investors’ business needs and financial constraints. The project is more conveniently located near the Perungudi toll gate, Ramaniyam Ocean Isha, reputable banks and their ATMs, and other reputable apartment buildings.

9. DLF Cybercity Chennai Phase 3:

Among real estate buyers in Chennai, DLF Commercial is regarded as the top source. The company has a reputation for completing profitable projects that help clients maximize their investment returns. In Manapakkam, Chennai South, the developer will unveil its newest DLF Cybercity Chennai Phase 3 commercial project. The idea is to construct large office buildings all over a wind farm. This RERA-approved project provides empty office spaces in a range of sizes to suit buyers’ needs and budgets.

10. World Trade Center Chennai:

Perungudi Real Estates is a reputable real estate business with upscale projects in Chennai. The builder has a reputation for creating successful projects that give investors the best and quickest return on their investment. In Chennai South’s Palavakkam neighborhood, the builder constructs the World Trade Center Chennai. Over a wind land area, spacious office buildings and retail establishments will be constructed.

Conclusion

For a homeowner, it should be clear that the construction of a commercial building differs from that of a residential building. However, depending on the kind of building being constructed and the facility’s intended use, the specifications for commercial and industrial construction projects vary greatly.

Commercial construction projects can be divided into a number of categories, each with its own particular specifications. Finding a commercial construction company that specializes in the work you require will ultimately be made easier if you can determine where your project falls within each of these categories.