Power equipment manufacturer Bharat Heavy Electricals Limited (BHEL) is about 4 kilometres (2.5 mi) and the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT)- is about (8 km) from Chandanagar.

It has undergone a drastic change in recent years especially due to its proximity to major IT companies like CA, Microsoft, Wipro, TCS, Infosys, Capgemini, Polaris, CMC, Honeywell, CTS and Infotech, and Hi-Tech city.

Many IT professionals choose to stay at Chandanagar for the all-around facilities provided and the peaceful environment.

In the recent GHMC elections, Mrs. Manjula Raghunath Reddy won the corporate seat.

Big Bazaar is also planning an outlet just opposite Chennai Shopping Mall; the work is already underway.

Hyderabad St. Thomas Marthoma Church Archived 14 April 2021 at the Wayback Machine is also located in Chandanagar.