G Square Invests ₹230 Cr in 1,091 Villa Plots Across North Chennai

Real estate developer G Square has acquired 62.38 acres across North Chennai to launch 1,091 ready-to-construct villa plots in Red Hills, Puzhal, and Karanodai, marking one of the region’s most ambitious residential expansions. The combined investment across these plotted developments stands at ₹230 crore.

Traditionally viewed as an industrial belt, North Chennai is now increasingly assuming the role of a fast-developing residential corridor. With the establishment of infrastructural upgrades such as the Chennai Outer Ring Road (ORR), the proposed Peripheral Ring Road, and metro rail extensions, the region is becoming increasingly popular among families and professionals. Such large projects such as Madhavaram MMBT, Fintech City, and Origins by Mahindra World City along the locality next to Ponneri are also further speeding up this transformation.

“North Chennai is no longer underdeveloped and ignored. It’s rapidly evolving into a high-growth residential belt,” said Bala Ramajeyam, Managing Director, G Square Realtors. “Our new projects provide unmatched access, clear legal documentation, and modern living infrastructure—making homeownership both practical and aspirational.”

The newly acquired plots will feature G Square’s standard amenities, including blacktop internal roads, 24×7 CCTV surveillance, street lighting, and bank-approved EMI options. Buyers will also benefit from one year of free maintenance and optional post-purchase construction support.

Strategically placed close to academic institutions, medical centres, and major job centers, the plots are positioned to provide convenience as well as long-term value. G Square states these ventures intend to service the growing demand for well-designed, gated communities in an area poised for residential and commercial growth.

“Our vision is to make high-quality real estate accessible in every growth pocket of the city,” added Ramajeyam. “By investing in emerging corridors like North Chennai, we’re helping buyers secure future-ready plots at the right price and the right time.”

Backed by clear titles and gated security, the projects are positioned to attract both homebuyers and investors as North Chennai becomes a hotspot for real estate development.