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News18
4 hours ago
- Business
- News18
G Square Group launches twin premium plotted projects in Chennai
Last Updated: Chennai, Aug 20 (PTI) Real estate developer G Square Group launched two premium plotted development projects in Puzhal and Medavakkam, marking its expansion in the northern and southern parts of the city. The project in Puzhal, branded G Square Northern Crown, offers plots starting from 650 sq ft, priced at Rs 7,999 per sq ft. In Medavakkam, a key residential hub in South Chennai, the G Square Southern Crown project features plots from 1,057 sq ft, priced at Rs 6,499 per sq ft, the city-based company said in a release on Wednesday. The group is also offering plot-plus-villa packages, starting at Rs 75 lakh in Puzhal and Rs 1 crore in Medavakkam. view comments First Published: August 20, 2025, 18:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy. Loading comments...
The Hindu
05-08-2025
- Business
- The Hindu
Potential for land investments beyond Chennai booming: G Square Group MD Bala Ramajayam
With land investments gaining popularity even in smaller towns, real estate players must explore opportunities beyond Chennai as several projects are reporting strong sales, Bala Ramajayam, Managing Director of G Square Group said during The Hindu Tamil Nadu Real Estate Summit 2025 held in Chennai on Tuesday (August 5, 2025). In a fireside chat on 'Navigating the future of real estate in Tamil Nadu' moderated by Sangeetha Kandavel, Senior Assistant Editor of The Hindu, Mr. Ramajayam underlined on the growing demand for land investments not only in Chennai and in Tier-II, Tier –III cities and smaller towns. Noting that there was a vast untapped market potential beyond the metros, he said more players must step in to offer residential plots as people are drawn to such land investments. G Square Group ventured into residential land investments after the COVID-19 pandemic. While initially investors were apprehensive to purchase plots in the city instead of apartments, people are now encouraged by land value appreciation by 70%, he said. On a question on potentials in Tier-II and Tier-III cities, Mr. Ramajayam said there is a growing demand in other cities. Coimbatore ranks next to Chennai as a major hub for land deals and G Square sealed business worth ₹1,000 crore last year. The demand is steadily rising in Madurai and Tiruchi too. 'If we assure investors about land value appreciation, the volume of land investment businesses will witness a steady growth,' he said. Responding to a question on trends in attracting youngsters into land investments, he said the G Square Group had found that 80% of the buyers belong to the age group of 35-45 years whose life dream is to own a house. He also highlighted that Tamil Nadu has better infrastructure than other States. 'We are also collaborating with builders particularly small developers to develop our layouts into residential buildings, IT parks and malls,' Mr. Ramajayam added. On criteria for choosing lands for development, he said existing housing in the neighbourhood and road connectivity are some of the key factors considered. The event is presented by Casagrand and co-presented by G Square. The green energy partner for the event is Swelect and the sports ecosystem partners are SDAT and Tamil Nadu Champions Foundation. The event is supported by CREDAI Tamil Nadu, Lancor, Namma Family Group. The strategic partner is MMA (Madras Management Association). The TV partner is Puthiya Thalaimurai and the digital partner is The Federal.
The Print
08-06-2025
- Business
- The Print
G Square Group acquires 714-acre project in Coimbatore for Rs 707 cr
'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. In a statement on Saturday, the company announced launch of 'G Square Seven Hill', a township project that combines plots and mixed-use development. 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. 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 This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Time of India
08-06-2025
- 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.
Hindustan Times
08-06-2025
- Business
- Hindustan Times
G Square Group acquires 714-acre township project in Coimbatore for ₹707 crore
Chennai-based real estate firm G Square Group has acquired a 714-acre project from Rakindo's Kovai Hills project located in Coimbatore for ₹707 crore and will develop it as an integrated township, the company 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 villa and apartment developers, as well as built-to-suit IT infrastructure projects, including commercial leasing and business parks, malls, and multiplexes, it said. Also Read: Hyderabad real estate: Are soaring property prices making it difficult for young techies to buy homes and get married? The township is located in Kovaipudhur near Madukkarai, along the Western Ghats and close to the Palakkad Gap. Spread across areas like Perur, Chettipalayam, Sundakkamuthur, and Theethipalayam, the site is naturally elevated and offers wide views of Coimbatore city, the company said. "Coimbatore's rapid growth and investor confidence make it the perfect market for our business plans. We are committed to strategic expansion and look forward to the next phase of growth for this project. G Square is also open to larger JV partners to participate in developing commercial and residential developments within this 714-acre township," Bala Ramajeyam, founder and managing director of G Square Group, said.
