G Square, the largest real estate company in India exclusively focused on plotted developments, made a momentous entry in North Chennai, having acquired an aggregate of 62.38 acres of land for developing 1,091 ready-to-construct villa plots in critical micro-markets such as Red Hills, Puzhal and Karanodai. These projects overall represent one of the most significant residential developments in North Chennai in many years, with a total investment of Rs. 230 crores across the projects.
North Chennai was largely seen as an industrial and underdeveloped region, but has undergone drastic improvements in recent years.
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"North Chennai is no longer underdeveloped and ignored. Today, there is rapid development, major connectivity upgrades and social infrastructure catching up fast. It is poised to be the next high-growth residential belt. Our new projects in this corridor offer unmatched access, perfect legal documentation and modern living environments that make owning a home both practical and aspirational," said Bala Ramajeyam, Managing Director, G Square Realtors Private Limited.
"Our vision is simple. Make quality real estate accessible in every growth pocket of the city. By identifying and developing high-potential corridors like North Chennai, we are enabling buyers to own future-ready plots at the right price and right time," added Bala Ramajeyam.
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Key connectivity upgrades such as the Chennai Outer Ring Road (ORR) as well as the development of social infrastructure, such as metro connectivity and schools, colleges, and hospitals, means the area is quickly evolving into an increasingly vibrant residential area.
G Square's land acquisition, leverages this growth trajectory and is being positioned to empower the increasing desire for organized, secure and well-planned housing layouts.
The new projects are well-located with good access to various transit corridors, important educational institutions, hospitals and health care, and other developments, such as MMBT, Fintech City at Madhavaram, Origins by Mahindra World City at Ponneri, and Chennai Peripheral Ring Road. With plug-and-play infrastructure in place, these plots are very well-suited to families or professionals looking to build their dream homes in an environment of the future.
Every plotted project launched as part of this expansion will also include the G Square brand attributes: ready-to-construct plots, blacktop internal roads with streetlight, 24x7 CCTV surveillance, post-purchase construction assistance, and bank-approved EMI options to pay for the purchase. Moreover, customers will get one year of free maintenance, providing peace of mind during the early stages of the home-building period.
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