G Square Real Estate to Invest ₹1,000 Crore in Villas & Apartments

G Square Real Estate, a leading name in the plot promotion sector, is expanding into the villa and apartment development market with a significant investment of ₹1,000 crore over the next two years. The company’s first venture in this new direction will be a project in Vandalur, spread across 6 acres of land. The development will include 52 apartments, 28 villas, and 154 plots, as confirmed by COO Junaith Babu.

Junaith Babu (left), COO of G Square Realtors, and Sivakumar Pethaiyan, National Sales Head, at a press conference in Chennai.

This strategic expansion will integrate villas and apartments alongside G Square’s well-known plotted developments, offering customers a variety of real estate options. The apartments will start at ₹35 lakh for a one-bedroom unit, villas will be priced upwards of ₹90 lakh, and plots will start at ₹30 lakh.

G Square Real Estate Diversification

G Square’s move into apartment and villa development comes in response to growing demand from customers who have previously invested in plots with the company. Many of these customers are now seeking residential units as part of their portfolio.

Over the last 12 years, G Square Real Estate’s founder, Bala Ramajeyam, has aggregated more than 2,000 acres of land across Tamil Nadu, Andhra Pradesh, and Karnataka. The market value of this land is estimated to be nearly ₹8,000 crore. Several prominent companies, including Ceat and JK Tyres, have built their facilities in Oragadam on land developed by G Square.

With over 127 completed projects, 15,000 satisfied customers, and nearly 4,000 acres of prime land aggregated, G Square Real Estate continues to establish its position as a leader in the real estate industry. The move into villa and apartment developments is set to further strengthen the company’s growth and diversify its offerings in the ever-evolving real estate market.