By Meghna Sharma International Tech Park Chennai – Radial Road (ITPC‑Radial Road), a flagship CapitaLand‑Mitsubishi Estates venture, marks a new benchmark in Chennai’s emerging Pallavaram–Thoraipakkam corridor. Phase 1 launched in August 2023 offers ~1.3 million sq ft of smart, sustainable workspace; the project aims to scale to ~4.6 million sq ft across four high‑spec blocks by 2025 .
ITPC‑Radial Road Facilities & Specifications
| Feature | Details |
| Address | Pallavaram–Thoraipakkam (Radial) Road, Zamin Pallavaram, Chennai, Tamil Nadu |
| Campus Size | Approx. 52,000 m² (~15.7 acres); ~1.3 M sq ft Phase 1; total ~4.6 M sq ft upon completion |
| Structure | 11 storeys above ground, 3 basement levels for parking |
| Certifications | IGBC‑Platinum pre‑certified; Net‑Zero Energy & Waste (design stage); WELL pre-certified |
| Parking | Underground + 3,000-car capacity; visitor & tenant bays |
| Power & Utilities | Full generator backup; advanced BMS for energy, water conservation |
| Amenities | Large food court, clinic, daycare, spa, shower rooms, retail |
| Connectivity | Smart building integration; Metro planned on Radial Road; road access via Thoraipakkam flyover |
| Access Hours | Office ~9 AM–7 PM Mon–Sat; facilities & security access 24×7 |
| Nearby Areas | Residential/commercial developments, proximity to Chennai airport via GST Road |
ITPC‑Radial Road Google Maps Location
ITPC‑Radial Road Pros & Cons
Pros
- Net-zero ambition: First IGBC‐Platinum net‑zero business park in India, reflecting heavy investment in sustainability .
- Smart, green workplaces: Biophilic design, wellness zoning, upscale amenities (low‑carbon finishes, clinic, spa), attract A‑list tenants.
- Strong developer backing: Joint venture between CapitaLand and Mitsubishi Estate – project financed, rated “ICRA A‑Stable”, shows confidence in leasing & execution.
- Strategic location: Radial Road connects OMR to airport; flyover enhances traffic flow; good road & future metro connectivity.
Cons
- Early occupancy challenges: Phase‑1 occupancy still ramping (28% as of Dec 2023); slower tenant onboarding may impact ecosystem momentum.
- Transit infrastructure incomplete: Metro isn’t yet operational; commute relies heavily on buses or road, which may deter some users .
- Phased rollout risks: Timely delivery of Phase 2 (by 2025–27) is key; any delays could affect tenant interest & refinancing strategies .
In summary, International Tech Park Chennai – Radial Road is poised to become a sustainability and design landmark in Chennai’s IT expansion, combining cutting‑edge green credentials, smart building tech, and developer expertise. While initial leasing is modest and public transit is still catching up, its long‑term vision and prime location position it as a compelling Grade‑A option for forward‑looking firms. This campus caters especially to businesses seeking eco‑smart, wellness‑oriented settings in a self‑contained, scalable environment.