The constructing sale will definitely convey Cognizant a minimal of Rs 750 crore.
(Representative image)
Cognizant’s India head workplace, which lies at Okkiyam Thoraipakkam in Chennai, makes up a 15-acre land parcel and 4 lakh sq ft office on Chennai’s IT passage.
IT important Cognizant has really positioned its Chennai head workplace up on the market. The sale of the prime constructing, which has really been working as Cognizant’s India head workplace for over 20 years, will definitely convey the enterprise a minimal of Rs 750 crore, Times of India reported. The constructing, which lies at Okkiyam Thoraipakkam, makes up a 15-acre land parcel and 4 lakh sq ft office on Chennai’s IT passage.
Real property professional JLL has really been mandated by Cognizant to market the constructing. It stays in very early conversations with regional designers Baashyaam Group and Casagrand for the sale.
Cognizant prepares to depart the college by December 2024, based on the TOI report. The enterprise will definitely change to its brand-new India head workplace at MEPZ close to Tambaram on the GST Road.
The altering turns into a part of Cognizant’s recurring process of settling its procedures in 3 of its very personal constructions at MEPZ, Sholinganallur, and Siruseri.
Cognizant’s current Thoraipakkam college is the one the place founders Lakshmi Narayanan and Chandrasekaran ran additionally. Cognizant’s distant buzzing of the Nasdaq opening up bell was likewise held on this college.
