Cognizant puts HQ in Chennai up for sale, eyes Rs 800 crore

Quick Summary:

Cognizant is putting its 15-acre India headquarters in Chennai, featuring a 4 lakh sq ft office space, up for sale, with estimates suggesting it could fetch Rs 750-800 crore.

Managed by JLL, the sale is part of a consolidation of operations in Chennai, aiming for completion by December 2024.

It was from this campus, the landmark event -of Cognizant remotely ringing the Nasdaq opening bell - was held.

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Article Details

Author / Journalist: D Govardan

Category: EconomyBusiness

Markets: India

Topics: Cognizant India headquarters Business news JLL Property sale

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 09:27:57 (2 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 435 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 22303446

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