Cognizant has listed its India headquarters in Chennai for sale, with expected proceeds of ₹750 to ₹800 crore. The 15-acre property, which has been the company's base for over 20 years, is located in Chennai's IT Corridor and includes 400,000 sq ft of office space. The firm has engaged property advisory JLL to manage the sale process and is in talks with potential buyers, including local developers Baashyaam Group and Casagrand. Cognizant plans to consolidate its operations into three of its own buildings at the MEPZ campus, moving from the current location by December 2024. This decision aligns with the company's strategy to streamline its operations and reduce reliance on leased spaces across Chennai. The Chennai HQ has historical significance, being where the company's co-founders operated and notable events like ringing the Nasdaq opening bell occurred.