India, March 21 -- Cognizant Technology Solutions India has sold its India headquarters in Chennai to Bagmane Constructions for Rs.612 crore, JLL's Siva Krishnan, Senior Managing Director (Chennai & Coimbatore), Head - Residential Services, told HT.com.

The property is located in Thoraipakkam on Chennai's Old Mahabalipuram Road (OMR), one of the city's key IT corridors, JLL, which brokered the deal, confirmed.

The property spans 5.9 lakh sq ft or 13.6 acres, according to the encumbrance certificate reviewed by HT.com.

"The property will be redeveloped into an office park with a potential development of about 3 million sq ft. This will be one of the largest deals in the Zone 2 region of OMR," Krishnan added.Also Read: Trump World Center...