The Tamil Nadu Industrial Development Corporation Limited (TIDCO) is planning to e-auction vacant plots in Fintech City, Nandambakkam, for the development of Global Capability Centres (GCCs) in the BFSI/Fintech sector. Two adjacent land parcels totaling 3 acres in Fintech City’s South Phase are proposed for GCC development. BFSI and Fintech companies, GCCs, and real estate developers are invited to participate in the e-auction. The move aims to leverage the growth of GCCs in the region, offering premium locations for offices in Chennai and reinforcing the city’s position as a hub for global business operations. Fintech City is designed to offer connectivity and infrastructure support for businesses in the BFSI/Fintech sector.