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Cognizant sells 15-acre Chennai HQ, plans relocation to MEPZ campus by Dec 2024.
Cognizant is selling its 15-acre Chennai headquarters located on the IT Corridor, which has been in use for over two decades.
The property, with a 4-lakh sq ft office space, is estimated to fetch Rs 750-800 crore and will be managed by JLL.
The company aims to complete the sale and relocate to the MEPZ campus near Tambaram by December 2024, as part of its strategy to consolidate operations into three self-owned buildings at MEPZ, Sholinganallur, and Siruseri.
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Cognizant vende el cuartel general de Chennai de 15 acres, planea reubicarse en el campus de MEPZ para diciembre de 2024.