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COMMERCIAL LAUNCH

Prestige WS Industries Poonamallee Road IT Park: 1.1 Million Sq Ft Upcoming Park in Porur

Bengaluru-based property developer Prestige Group has entered into a joint venture agreement with Chennai-based WS Industries to develop a 1.1 million sq ft IT park on seven acres of prime land on Mount-Poonamallee Road. The project remains in the upcoming phase, with formal launch details yet to be disclosed.

Realty News — Prestige WS Industries Poonamallee Road IT Park: 1.1 Million Sq Ft Upcoming Park in Porur
DeveloperPrestige Group (Bengaluru) in JV with WS Industries (Chennai)
Location108 Mount Poonamallee Road, Porur, Chennai-600116
Project TypeModern Commercial IT Park with Grade A office spaces, flexible office layouts and top notch lifestyle amenities
Site Area6.53 acres approved; project references cite 7 acres
Built-up Area1.1 million sq ft
Status (as of Sept 2026)Upcoming — JV agreement signed July 2023; formal launch pending
Price BandNot publicly disclosed
Possession TimelineNot publicly disclosed
RERA RegistrationNot yet registered (project in pre-launch phase)

Project Overview

This premium project is being developed as a joint venture between the Prestige Group and WS Industries, bringing together two trusted names known for large scale infrastructure and commercial excellence. The 1.1 million sq ft park will be nearly as big as Tidel Park, which opened as the city's first mega tech park in 2000 and is 1.2 million sq ft.

Location and Connectivity

The project is located at 108 Mount Poonamallee Road, Porur, Chennai-600116. The project is developing a major arterial road that offers smooth connectivity to key areas, linking important regions like Guindy, Porur, and Poonamallee. The road provides easy access to the Chennai Airport, which is just a short drive away. It also connects to major highways such as NH-45 and NH-4. Public transportation is well-served by bus services and cabs.

The upcoming metro line expansion is expected to enhance connectivity in the area further.

Porur as Emerging IT Corridor

Often referred to as OMR 2.0, Porur has mirrored the success of Old Mahabalipuram Road (OMR) while carving its own identity as a hub for technological innovation, industrial growth, and real estate expansion. Along with tech parks built by L&T (since acquired by CapitaLand), Rahejas, and RMZ, the DLF IT Park is already located at Manapakkam on the stretch of land that connects Nandambakkam and Porur.

Key players like DLF IT Park, which houses companies such as IBM, Cognizant, and TCS, along with SP Infocity and L & T Infotech, have turned Porur into a critical node in Chennai's IT network. Unlike OMR, Porur hosts a mix of IT, manufacturing, and healthcare sectors, providing a diversified employment base.

Infrastructure Context

Phase 2 of the Chennai Metro is set to connect Porur to various parts of the city, reducing travel time and enhancing commuter convenience. Mount-Poonamallee Road, a vital arterial road, and the Porur Flyover have also improved connectivity, linking Porur to Guindy, Sriperumbudur, and Chennai International Airport. The ongoing metro rail project improves connectivity on this road.

Developer Background

In FY 2024, Prestige Group achieved a record high with revenues of Rs 21,040 crore and had their highest-ever annual collections, amounting to Rs 11,954 crore. WS Industries (WSI), which was started in 1962, manufactured insulators and other electrical equipment. It experienced financial difficulties and had to stop operations in 2010. In 2022, a new group of promoters took over the company, and eventually, it became debt-free.

Frequently asked questions

What is the total built-up area of Prestige WS Industries Poonamallee Road IT Park?

The IT park spans 1.1 million sq ft on seven acres of prime land on Mount-Poonamallee Road.

Who is developing this project?

Bengaluru-based property developer Prestige Group has entered into a joint venture agreement with Chennai-based WS Industries.

What is the exact address of the project?

The project location is 108 Mount Poonamallee Road, Porur, Chennai-600116.

When will the project be launched?

Formal launch details have not been publicly disclosed. The JV agreement was announced in July 2023. The project remains in the pre-launch phase as of September 2026.

Why is Porur considered an attractive IT corridor?

Porur is referred to as OMR 2.0 and its transformation is driven by its strategic location and excellent connectivity via the Chennai-Bangalore Highway. Key players like DLF IT Park, which houses companies such as IBM, Cognizant, and TCS, along with SP Infocity and L & T Infotech, have turned Porur into a critical node in Chennai's IT network.

What infrastructure improvements are planned for the area?

Phase 2 of the Chennai Metro is set to connect Porur to various parts of the city, reducing travel time and enhancing commuter convenience.

Sources

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