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Tamil Nadu Emerges as New GCC Magnet With 250+ Centres; Chennai Alone Has 10% of India’s Stock
Tamil Nadu is emerging as a major GCC destination with 250+ centres, while Chennai alone accounts for 10% of India’s GCC stock. A new FICCI–ANAROCK report highlights strong data centre growth, robust real estate performance, and rising potential in Tier-2 cities like Coimbatore and Madurai.
Court Asks Govt To Fix Time Frame For Stamp Duty Refund
The Bombay High Court has slammed the State for a nine-year delay in refunding stamp duty and directed the Revenue Department to issue, within eight weeks, a circular prescribing clear timelines for all refund applications — a move that could streamline property-related processes for thousands across Maharashtra.
Flex Office Stock to Cross 100 Million Sq Ft by 2027; Penetration to Exceed 10%
India’s flex workspace stock across the top seven cities is expected to cross 100 million sq ft by 2027, with penetration rising to 10.5%, driven by strong enterprise demand, GCC expansion, and rapid growth in Bengaluru, Pune, and Chennai.