Tue Aug 05 19:20:50 UTC 2025: Here’s a summary of the text, followed by a rewritten news article:
**Summary:**
A discussion in Chennai on the real estate potential of Tier II and Tier III cities in Tamil Nadu highlighted the critical need for developing robust social infrastructure alongside IT and industrial development. Speakers emphasized that neglecting entertainment, healthcare, education, and hospitality systems could lead to increased attrition rates, especially with the influx of Gen Z workers. They also pointed to the importance of new warehousing and logistics policies and the unique advantages each city offers, driving growth in these emerging areas.
**News Article:**
**Tamil Nadu Focuses on Social Infrastructure to Fuel Tier II & III City Growth**
**CHENNAI, August 6, 2025** – A recent real estate summit in Chennai emphasized the urgent need to invest in social infrastructure in Tamil Nadu’s Tier II and Tier III cities to sustain their economic growth. Experts at the discussion, titled “Tier II & Tier III Cities: The Next Real Estate Frontier,” warned that neglecting essential amenities could hinder long-term success.
A Shankar, India Head – Government Advisory & Solutions at JLL India, pointed out the importance of matching social offerings with IT development. “Emerging cities boast large IT parks, but what about social infrastructure?” he asked. “If we fail to provide entertainment, healthcare, and educational opportunities, we anticipate higher attrition rates as Gen Z enters the workforce.”
The discussion highlighted the potential of entertainment zones and eased regulations, potentially replicating the success of the East Coast Road (ECR) in multiple cities across Tamil Nadu. R. Vignesh, managing director of Shri Kailash Industrial and Logistics Parks, affirmed the high demand for government-developed IT parks and the crucial role social infrastructure plays in attracting and retaining talent.
Speakers also stressed the need for strong healthcare, hospitality, and education systems in these developing cities. V.S. Sridhar, executive managing director of Cushman and Wakefield, Chennai, believes new warehousing and logistics policies will boost Tier II and Tier III cities. Coimbatore, Tiruchi, Salem, and Madurai are poised to benefit as warehouse and logistics hubs.
Junaith Babu, Chief Operating Officer of G Square Group, noted each city in Tamil Nadu has unique strengths. Coimbatore, for example, boasts a thriving MSME sector that fuels demand for IT park space.
The event, presented by Casagrand and co-presented by GSquare, drew participants from various sectors, reflecting the growing interest in the potential of Tamil Nadu’s emerging urban centers.
First Piper 