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1 Introduction
GST Road (NH 45) located in south western region of Chennai is one of the busiest roads in the city. Maraimalai Nagar
located along GST Road is 40 km from the city where Ford India has operations along with large numbers of other auto
ancillary units. The major developments along this corridor include Mahindra World City (“MWC”) SEZ, The Gateway (IT SEZ)
and residential township by Arun Excello. This corridor has adequate supply of trained and skilled manpower along with a
large number of educational and technical institutions. This corridor is well connected by road and rail transport and has
easy access to Chennai International Airport, Chennai Port and Ennore Port.
Mahindra World City
CyberVale is located inside MWC in Chengalpet along GST Road at a distance of approximately 50 km south of Chennai city.
MWC is promoted by Mahindra Group in partnership with Tamil Nadu Industrial Development Corporation Limited. The entire
development is spread across 1,550 acres and comprises business zone, retail facilities, hospitality, residential housing and
other support infrastructures. The business zone in MWC is further categorised into SEZ and Domestic Tariff Area (“DTA”).
The SEZ enables the companies operating within the zone to avail a number of benefits including fiscal benefits, tax holidays
and support from the Government. MWC SEZ caters to three industries namely the automobile, apparel and IT/ITES sector.
The industrial parks and IT space are almost completely occupied with a large number of companies being already operational.
SEZ
Major Clients
IT SEZ
Infosys, Tech Mahindra, Wipro, Renault-Nissan, Mindtree
Auto SEZ
Madras Engineering, Timken, TVS Group, UCAL Fuel Systems
Apparel & Fashion
Accessories SEZ
Capella Fashions, Linea Fashions, Roverco, Leather Crafts, Hangers Plus, Fergasm Group,
Srinivasa Fashions
DTA
Armstrong Utilities, B.Braun, BMW, JC Valves, Kryolan Cosmetics, Lincoln Electric, Parker Hannifin,
Mahindra & Mahindra
Source: C&W Research
The residential zone in MWC SEZ comprises developments like Sylvian County and Aqualily. Sylvian County is an existing
premium residential development spread across 22 acres constituting of approximately 220 villas. Aqualily is a 53 acres
residential project constituting of 102 villas, 49 row houses and 740 apartments. As a part of the support infrastructure, MWC
also has a retail and commercial centre known as Canopy which is spread across 60,000 sq ft. This development consists
of a number of facilities including supermarket, retail stores, food court, medical centre, banks and ATMs. The educational
needs in MWC are facilitated through the 5 acres Mahindra World School campus situated inside the development. Holiday
Inn Express (140 room hotel) caters to the hospitality demands within the SEZ.
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C y b e r V a l e : P r o p e r t y A n a l y s i s
