India: K. Raheja to invest $186.8m to develop IT parks in Chennai

India: K. Raheja to invest $186.8m to develop IT parks in Chennai

Photographer: Dhiraj Singh/Bloomberg

K. Raheja Corp, a commercial property developer, is investing as much as Rs1,200 crore in building around 3 million sq. ft of office space in Chennai as part of its plan to ramp up its business in the southern part of the country, said a senior company official.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter