Mindspace Business Parks REIT has paid Rs 1,500 crore for a 51% stake in International Tech Park Chennai, Radial Road — a 2.6 million sq ft information technology campus that, at the enterprise level, carries a total valuation of Rs 3,000 crore including Rs 600 crore in property debt. The deal, executed alongside institutional co-investor 360 ONE Asset's real assets funds, which picked up the remaining 49%, signals an accelerating consolidation of Grade A office ownership in one of India's fastest-growing commercial real estate corridors.