What Is International Tech Park Chennai, Radial Road?
International Tech Park Chennai, Radial Road — commonly referred to as ITPC-Radial Road — is a large-scale Grade A business park developed for CapitaLand Investment, one of Asia’s largest diversified real estate groups. The campus sits on the Pallavaram–Thoraipakkam 200-foot Radial Road, a stretch that has become one of Chennai’s fastest-growing IT corridors, home to several other established business parks and corporate campuses.
The development spans a 12.67-acre campus with a total planned build-out of around 4.6 to 5 million square feet across multiple phases, positioning it as one of the larger IT/ITES-focused business parks in South India. Phase 1 alone accounts for roughly 2.6 million square feet of premium office space designed for IT and IT-enabled services companies.
Location and Connectivity
ITPC-Radial Road is located at Zamin Pallavaram on the 200-foot Radial Road connecting Pallavaram and Thoraipakkam, placing it close to several other established business parks including DLF Downtown, Embassy and KRC. The site sits roughly six kilometres from Chennai International Airport, making it a relatively convenient location for companies with frequent business travel needs.
The nearest railway station is Pallavaram, located just over a kilometre away, and the park is also positioned to benefit from Chennai’s expanding metro network, which is expected to further improve public transit access to the corridor over time.
Design, Certification and Sustainability
One of the most notable aspects of ITPC-Radial Road is its sustainability credentials. The campus has been pre-certified Platinum by the Indian Green Building Council (IGBC) and, as of its Phase 1 launch, was recognised as India’s first business park to be certified Net Zero for energy efficiency, water conservation and waste management. It has also received WELL pre-certification, reflecting a design focus on occupant health and wellbeing alongside environmental performance.
The campus was designed by Morphogenesis, with a master plan built around clear pedestrian and vehicular circulation — a covered pedestrian spine connecting work pods and informal meeting areas on one side, and a dedicated service and vehicular access lane on the other, with shared green spaces functioning as both amenity space and fire-tender access routes.
Development Timeline and Phasing
Construction on ITPC-Radial Road formally commenced in July 2020, marked by a virtual ceremony attended by Tamil Nadu’s then Chief Minister. The project was developed in phases, with the first two blocks originally targeted for completion by Q4 2022 and Q2 2024 respectively, delivering a combined 2.6 million square feet of Grade A office space in the initial phase.
By October 2023, CapitaLand Investment confirmed that operations had commenced for Phase 1, formally launching what was described as India’s first Net Zero business park. The full development, once completed across all planned blocks, is expected to accommodate more than 50,000 IT services professionals.
Ownership and Investment Structure
ITPC-Radial Road is managed under CapitaLand India Growth Fund 2 (CIGF2), a fund targeting a size of roughly S$525 million aimed at Grade A business parks across gateway cities in India. In 2023, CapitaLand Investment secured S$262.5 million (approximately INR 16.3 billion) from Mitsubishi Estate Co. Ltd for a 50% stake in the fund’s first closing, with CIGF2 subsequently acquiring a 70% equity stake in ITPC-Radial Road as a seed asset, while CapitaLand Investment retained the remaining 30% stake and continues to manage the property.
This structure reflects a broader pattern of institutional and cross-border investment in Indian Grade A office assets, with global real estate funds increasingly viewing IT corridor business parks like this one as long-term income-generating assets.
Amenities and Tenant Experience
Beyond office space itself, the full ITPC-Radial Road development is planned to include amenities such as restaurants, food courts, a fitness centre, an on-site clinic, childcare facilities and dedicated event spaces — features aimed at supporting large-scale IT and ITES workforces who spend significant portions of their day on campus.
The combination of large, efficient floor plates, strong sustainability credentials and a growing surrounding business ecosystem has positioned the park as an attractive option for both established multinational technology firms and growing IT services companies looking for Grade A space in Chennai’s IT corridor.
Why the Radial Road Corridor Has Become a Focus for Developers
Chennai’s IT real estate market has traditionally centred around corridors like OMR (Old Mahabalipuram Road), but the Radial Road stretch has emerged more recently as a fast-growing alternative, drawing multiple large-scale Grade A developments in a relatively short span of time. Its proximity to established residential areas, existing business parks and Chennai International Airport has made it an attractive option for developers looking to build large, master-planned campuses rather than smaller, standalone buildings.
This concentration of Grade A supply along a single corridor tends to create positive network effects for tenants — nearby amenities, competing food and retail options, and a growing talent pool of professionals already working in the immediate area, all of which can make recruitment and retention somewhat easier for companies based in the corridor compared to more isolated office locations.
Final Thoughts
International Tech Park Chennai, Radial Road represents one of the more significant recent additions to Chennai’s commercial real estate landscape — a large, sustainability-focused Grade A business park backed by major international investors. For companies evaluating office space along Chennai’s IT corridor, or investors tracking Grade A commercial development in South India, ITPC-Radial Road is a project worth understanding in detail given its scale, certifications and connectivity.