Chennai Metro Asset Management Limited, a Special Purpose Vehicle jointly formed by Chennai Metro Rail Limited and Tamil Nadu Industrial Development Corporation (TIDCO), on Thursday signed a contract to develop the Chennai Central Tower.
The project, awarded to Renaatus Projects Private Limited, is valued at ₹350 crore (excluding GST). The Letter of Acceptance was issued on December 12, says a release.
Located near the Chennai Central Railway Station, the 27-storey tower will integrate connectivity, modern amenities, and sustainability. It will offer spaces for business, leisure, and hospitality, the release said.