Overview
Prestige WS Industries Poonamallee Road IT Park is a commercial office development coming up on Mount Poonamallee Road in Porur, Chennai. The project is a joint venture with the Bangalore based Prestige Group for the development of IT/IT enabled services/parks in 6.53 acres of immovable property at No.108, Mount Poonamallee Road, Porur, Chennai - 600 116. The agreement is between M/s. Prestige Estates Projects Limited and M/s. Prestige Exora Business Parks Limited for construction of Grade A information technology / information technology enabled services. WS Industries intends to develop, implement, and operate the IT/ITES project through its subsidiary company WS Insulators Private Limited.
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. After OMR and Radial Road, Mount-Poonamallee Road is fast evolving into the third IT corridor in the city. Tech parks built by L&T (since acquired by CapitaLand), Rahejas, and RMZ, along with the DLF IT Park, are already located at Manapakkam on the stretch of land that connects Nandambakkam and Porur.
At this location, WS Industries (WSI), which was started in 1962, manufactured insulators and other electrical equipment, before financial difficulties forced it to stop operations in 2010. In 2022, a new group of promoters took over the company, and it eventually became debt-free. The revived company has now partnered with Prestige Group to convert this legacy industrial land into a modern business park.
As of the latest updates, the IT park on Mount Poonamallee Road is currently awaiting approvals, placing it firmly in the pre-launch stage. No RERA registration has been issued yet, and detailed pricing, floor plates, and possession timelines are expected to be released closer to formal launch.
