The Axis-Tishman Speyer commercial realty fund has acquired a significant land parcel in Chennai. This strategic investment aims to bolster the fund?s portfolio and capitalize on the growing demand for commercial real estate in the region.

The newly acquired land will be developed into a state-of-the-art commercial property, enhancing the fund's footprint in one of India's major real estate markets. This move is expected to provide substantial returns and support the expansion of Axis and Tishman Speyer?s presence in Chennai.

The acquisition reflects confidence in Chennai?s real estate sector and a commitment to meeting the evolving needs of businesses and investors.