G Square Targets ₹2,000 Crore Industrial Plot Sales, ₹5,000 Crore Residential Plot Sales in FY27

Chennai-based G Square Group has unveiled aggressive expansion plans for the current financial year, setting a target of ₹2,000 crore in industrial plot sales and ₹5,000 crore in residential plot sales across key markets in Tamil Nadu.

The announcement comes as the company re-enters the industrial land development segment after a gap of nearly five years. According to Bala Ramajayam, Founder and Managing Director of G Square Group, the company is witnessing renewed opportunities in the industrial real estate sector and expects strong demand from manufacturing and logistics players.

Recently, G Square launched an industrial plot development project in Gummidipoondi near the Andhra Pradesh border. The company is also preparing to introduce another industrial development project in Coimbatore, one of Tamil Nadu’s fastest-growing industrial hubs.

During FY26, G Square recorded property sales worth ₹4,000 crore across residential plots, villas and apartments. The company currently serves more than 20,000 customers and has aggregated over 5,000 acres of land across major locations including Chennai and Coimbatore.

Ramajayam noted that industrial plot sales remained muted over the past few years due to several challenges. However, the current business environment and policy support have encouraged the company to focus once again on industrial developments.

The company also launched G Square Kshetra at Karanodai along the Chennai-Kolkata Highway. The project has been introduced at a special launch price of ₹1,890 per sq ft for the first 50 bookings. According to the company, this is significantly lower than prevailing market prices in the surrounding corridor.

In addition, G Square has introduced a unique value proposition under which customers can claim a plot for ₹1 if they find a lower-priced alternative within a specified radius of the project.

Looking ahead, G Square remains optimistic about both residential and industrial real estate demand in Tamil Nadu. The company has also decided to defer its planned initial public offering to 2029, citing prevailing market conditions while continuing to focus on long-term growth and expansion.