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Ascendas-Singbridge acquires 12.2-acre Chennai site for development of new IT park

Michelle Zhu
Michelle Zhu • 2 min read
Ascendas-Singbridge acquires 12.2-acre Chennai site for development of new IT park
SINGAPORE (Jan 3): Ascendas-Singbridge Group has acquired a 12.2-acre site in Chennai for an undisclosed sum from GSquare Group, making it Ascendas-Singbridge’s sixth property in the city.
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SINGAPORE (Jan 3): Ascendas-Singbridge Group has acquired a 12.2-acre site in Chennai for an undisclosed sum from GSquare Group, making it Ascendas-Singbridge’s sixth property in the city.

With a total development potential of 2.3 million sq ft, the land parcel located on Pallavaram–Thoraipakkam Road, also known as Radial Road, will be developed into a new IT park named International Tech Park Chennai (ITPC) – Radial Road, after the group’s flagship International Tech Park Chennai – Taramani (pictured in main image).

In a Thursday announcement, Ascendas-Singbridge estimates the first phase of the Radial Road development to offer about 1.1 million sq ft of Grade A business space.

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