The glory of Chennai city dates back over 376 years. Notably, it was the first city in India to adopt and implement the Non-Motorised Transport (NMT) policy – in September 2014 – to encourage and promote pedestrianisation.
The Greater Chennai Corporation (GCC) has begun work on giving the Burkit Road a smart street facelift as part of the Smart City project. The road will accommodate better parking management systems and see an increase in trees.
Logistics leasing in the country has recorded a growth of 31 per cent on a yearly basis, crossing 13 million sq ft, as per a CBRE South Asia report titled ‘India Industrial and Logistics Market View, H1 2019’. Mumbai, Chennai and Bengaluru accounted for more than 60 per cent of the leasing activity