Baashyaam Group acquires Standard Chartered's 5.78-acre Chennai property on Haddows Road for ₹1,100 crore—marking one of the city’s biggest luxury real estate deals and paving the way for an ultra-premium residential project in Nungambakkam.

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Brigade Enterprises strengthens its Chennai presence with a ₹441.7 crore land acquisition in Velachery, aiming to build 0.8 million sq. ft. of premium residential space near OMR and Phoenix Market City.

Prestige Estates and Arihant Foundations have entered a joint venture to develop residential, commercial, retail, and hospitality projects in Chennai, marking a strategic expansion for both real estate firms

According to JLL, the time to sell active unsold housing inventory in India's top seven cities—Delhi NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, and Kolkata—has dropped 31%. Due to rising home demand, inventory liquidation took 22 months in Q1 2024, down from 32 months in 2019.

DLF sells 4.67 acres of excellent Chennai property to Cholamandalam Finance for Rs 735 crore, one of Chennai's largest real estate land deals in Chennai.

Brigade Group's ambitious residential and hotel growth plans are transforming Chennai's environment. This move will revolutionise luxury living and recreation in a fast-growing Indian city.

The Chennai real estate market has faced unprecedented challenges, according to the September 2023 CREDAI RAW Report. CREDAI Chennai's report covers sales, residential projects, and registration fee increases.

Shriram Properties Limited (SPL) of Bengaluru has acquired development rights for 1.9 million square feet for a residential project in Chennai from Garden City Developers in a transaction valued at approximately Rs 185 crore.