G Square Makes Significant Expansion in North Chennai by Acquiring 62.38 acres of Land to Develop 1,091 ready-to-construct villa plots
~ North
Chennai emerges as Chennai’s fastest-growing real estate corridor with enhanced
infrastructure, excellent connectivity and large-scale plotted projects ~
Chennai, 18 June 2025: G
Square, India’s largest real estate developer specializing in plotted
developments, has made a significant stride in North Chennai by acquiring a
total 62.38 acres of land to develop 1,091 ready-to-construct villa plots
spread across key micro-markets including Red Hills, Puzhal, and Karanodai. The
projects represent one of the most ambitious residential expansions in the
region. The total investment across these projects stands at Rs.230 crores.
North Chennai, once
considered industrial and underdeveloped, is now witnessing transformative
growth. From key connectivity upgrades like the Chennai Outer Ring Road (ORR)
to the expansion of social infrastructure such as metro, schools, colleges and
healthcare facilities, the region is rapidly evolving into a vibrant
residential zone. G Square’s latest land acquisition aligns with this momentum
and will help meet the rising demand for organized, secure and well-planned
housing layouts.
The new projects are
strategically located with excellent access to major transit corridors,
prominent educational institutions, healthcare hubs and other developments like
MMBT, Fintech City at Madhavaram, Origins by Mahindra World City near Ponneri,
Chennai Peripheral Ring Road. With plug-and-play infrastructure,
these plots are ideal for families and professionals looking to build their
dream homes in a future-ready setting.
"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 Mr. Bala Ramajeyam, Managing Director, G Square Realtors Private
Limited.
Each plotted project
developed under this expansion plan will come with G Square’s hallmark features
such as ready-to-construct plots, blacktop internal roads with street lighting,
24x7 CCTV surveillance, post-purchase construction assistance and bank-approved
EMI options. In addition, buyers will receive one year of free maintenance,
ensuring peace of mind during the initial stages of home-building.
"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 Mr. Bala Ramajeyam.
Backed by transparent
documentation, gated security and clear title deeds, these plots offer a secure
and reliable investment. As North Chennai surges forward with the rise of IT
parks, industrial clusters and residential communities, G Square’s projects are
perfectly positioned to cater to the city’s next wave of homeowners and
investors.
Whether
for end-use or investment, North Chennai has arrived and G Square’s large-scale
expansion in this corridor signals both confidence and commitment to its
tremendous potential.