Economy #tcs#lease
TCS Renews 1.5 Million Sq Ft Chennai Lease Worth ₹1,420 Crore Over 10 Years
Tata Consultancy Services (TCS) has renewed its lease for nearly 1.5 million sq ft of office space at Chennai One IT SEZ in Thoraipakkam, committing an estimated ₹1,420 crore in rentals over 10 years, according to property analytics platform Propstack. The lease, effective November 1, 2025, covers 14.66 lakh sq ft across multiple towers in Blocks A and B, owned by IG3 Infra Ltd. The deal underscores TCS's long-term commitment to Chennai, one of its largest delivery and talent hubs for global IT services exports.
Jun 15, 2026 1 source