Chennai's GCC Appeal Gets a ₹280 Cr Upgrade with 'The Cube'

Industries Minister TRB Rajaa laid the foundation stone for ‘The Cube’, a ₹280-crore Grade-A office development in FinTech City, Nandambakkam, on 27 November 2025.

He also announced that the 2.26-acre FinTech Tower, a key component of Tamil Nadu’s FinTech City project being developed by TIDCO, is nearing completion and is expected to be inaugurated by Chief Minister M.K. Stalin in January. The ₹240-crore, 5.5-lakh-sq-ft facility will house fintech and financial services companies expanding their presence in the state. During the event, officials highlighted Chennai’s growing appeal as a hub for global capability centres (GCCs), noting the city’s clean environment and high quality of life as major advantages.

The development of The Cube, led by Tishman Speyer and Axis Commercial Real Estate Fund, further underscores Chennai’s rising prominence in the global real estate market. Designed for BFSI tenants, the project reflects the city’s increasing attractiveness for premium commercial developments.

News by Rahul Yelligetti.