Latest news with #GSquare
Time of India
a day ago
- Business
- Time of India
G Square Group acquires Rakindo's Kovai Hills project for ₹707 crore
NEW DELHI: G Square Group has acquired Kovai Hills project from Rakindo for ₹707 crore in Coimbatore . Bala Ramajeyam , founder and managing director of the company said, "G Square is also open to larger JV partners to participate in developing commercial and residential developments within this 714-acre township." The project renamed as G Square Seven Hills spans 714 acres with Phase 1 covering 406 acres and featuring 3,127 plots. The remaining 308 acres are designated for joint ventures with villa and apartment developers, built-to-suit IT infrastructure projects, including commercial leasing and business parks, malls and multiplexes.
United News of India
2 days ago
- Business
- United News of India
G Square Group announces mega township project in Coimbatore
Hyderabad, June 7 (UNI) G Square Group, a leading South Indian real estate developer, on Saturday announced G Square Seven Hills, an expansive township project in Coimbatore. The project combines plots and mixed-use development, the company said in a release. The acquisition of the 714- acre project from Rakindo for ₹707 crore, marked the latest in a series of major investments transforming Coimbatore into a premier real estate destination. This comes after other recent investments in the region, such as Astrea Real Estate Developers' (a Phoenix Mills subsidiary) purchase of 9.03 acres for retail development, L&T's commitment for a world-class IT park and Capgemini's investment creating over 1,500 jobs at Elcot SEZ. The Kovai Hills project, now rebranded as G Square Seven Hills, spans 714 acres with Phase 1 covering 406 acres and featuring 3,127 DTCP and RERA-approved premium plots. The remaining 308 acres are designated for joint ventures with signature villa and apartment developers, built-to-suit IT infrastructure projects, including commercial leasing and business parks, malls and multiplexes. Strategically positioned along the Western Ghats adjacent to the Palakkad Gap in Kovaipudhur near Madukkarai, this naturally elevated township project offers panoramic views of Coimbatore while spanning Perur, Chettipalayam, Sundakkamuthur, and Theethipalayam. Located at the edge of reserve forests, the township benefits from lower ambient temperatures, creating a naturally cooler microclimate with lush greenery that drives strong appreciation potential for early investors. Speaking on the announcement, Bala Ramajeyam, Founder and Managing Director of G Square Group, said, 'We are pleased to announce our mega Seven Hills project in Coimbatore. As an expanding player in real estate, our goal is to offer premium, ready-to-build plots in key locations. Coimbatore's rapid growth and investor confidence make it the perfect market for our business plans". G Square is also open to larger JV partners to participate in developing commercial and residential developments within this 714-acre township, he said The development is ideally positioned to attract spiritual tourists and wellness seekers traveling to destinations like Isha Yoga Centre, a popular wellness destination, religious hotspots like Guruvayoor and Sabarimala – the gateway to Kerala, he added. With over 15,000 happy customers across South India, G Square's footprint spans Chennai, Hyderabad, Coimbatore, Madurai, Tirunelveli, Tuticorin, Trichy, Pollachi, Hosur, Mysuru, Ballari, and more. UNI KNR BM
News18
2 days ago
- Business
- News18
G Square Group acquires 714-acre project in Coimbatore for Rs 707 cr
New Delhi, Jun 7 (PTI) Realty firm G Square Group has acquired 714-acre project from Rakindo in Coimbatore for Rs 707 crore and will develop it as an integrated township. In a statement on Saturday, the company announced launch of 'G Square Seven Hill', a township project that combines plots and mixed-use development. 'The acquisition of the 714-acre project from Rakindo for Rs 707 crore, marked the latest in a series of major investments transforming Coimbatore into a premier real estate destination," it said. The Kovai Hills project, now rebranded as G Square Seven Hills, spans 714 acres with Phase 1 covering 406 acres and featuring 3,127 premium plots. The remaining 308 acres are designated for joint ventures with signature villa and apartment developers, built-to-suit IT infrastructure projects, including commercial leasing and business parks, malls, and multiplexes. Bala Ramajeyam, Founder and Managing Director of G Square Group, said this township project 'demonstrates our commitment to unlocking growth and development in a city with immense potential and strong demand for plots" 'G Square is also open to larger JV partners to participate in developing commercial and residential developments within this 714-acre township," he added. G Square is one of the leading developers in south India. PTI MJH TRB
The Wire
14-05-2025
- Business
- The Wire
G Square Salutes the Nation's Heroes Under the ‘Dream Land for Real Heroes' Scheme
To Get Exclusive Flat 15% Discount across all G Square Projects Chennai, Tamil Nadu, India (NewsVoir) G Square, India's largest real estate developer, is proud to announce a heartfelt initiative that pays tribute to the courageous and brave Indian Armed Forces who safeguard our nation. As a mark of deep respect and gratitude, G Square … Continue reading "G Square Salutes the Nation's Heroes Under the 'Dream Land for Real Heroes' Scheme"
Fashion Value Chain
14-05-2025
- Business
- Fashion Value Chain
G Square Salutes the Nation's Heroes Under the 'Dream Land for Real Heroes' Scheme
G Square, India's largest real estate developer, is proud to announce a heartfelt initiative that pays tribute to the courageous and brave Indian Armed Forces who safeguard our nation. As a mark of deep respect and gratitude, G Square is offering an exclusive flat 15% discount (*T&C apply. Offer valid for a limited period only) on all its premium plots across key cities in South India exclusively for India's Armed Forces. This special initiative is dedicated to honouring the selfless service, bravery, and dedication of personnel from the Indian Army, Navy, Air Force, and Defence Services, both active and retired. G Square is proud to announce a heartfelt initiative to honour our Indian Armed Forces in accordance with Operation Sindoor Who Can Avail the Offer: All serving and ex-servicemen of the Indian Armed Forces, including Army, Navy, and Air Force. Immediate family members (spouse or children) provided the registration is in their name. Valid official Defence Service ID proof is required at the time of booking. 'India's defence personnel dedicate their lives to the nation, often setting aside personal goals. G Square's exclusive offer* is a gesture to help them move closer to owning a home, not just as a reward for their service, but as a meaningful investment in their family's future. This initiative is our small way of honouring the real warriors who fight for our freedom. We hope this empowers them to invest in their dream home with pride and privilege,' said Mr. Bala Ramajeyam, Managing Director, G Square Realtors. G Square has transformed the plotted development landscape in South India by offering fully developed plots with world-class amenities, clear titles, strategic locations, and ready-to-construct infrastructure with projects spread across Chennai, Hyderabad, Coimbatore, Madurai, Tirunelveli, Tuticorin, Pollachi, Trichy, Hosur, Mysuru, Ballari, Dindigul, Ambur, Theni, and Udumalpet. About G Square G Square is India's largest Real Estate Developer that brings to you a lifestyle-defining curation of upscale selections to choose from. Our proactive and keen sense of identifying opportunities has helped build many dream houses and iconic businesses within G Square's secured communities. Over 15000+ happy customers have trusted the transparent and hassle-free ownership of land in South India's most potential addresses with G Square's easy housing transactions. Spread across Chennai, Hyderabad, Coimbatore, Madurai, Tirunelveli, Tuticorin, Pollachi, Trichy, Hosur, Mysuru, Ballari, Dindigul, Ambur, Theni, and Udumalpet over the past 12 years, we have delivered the most lucrative investment lands with world-class amenities in G Square's secured communities. With all essentials covered, we aim to empower families and businesses to build the next chapter of their life on land they own.
