G Square Revives Industrial Plots: ₹2000 Cr Sales Target

G Square Group, a Chennai-based developer, is set to resume industrial plot development after a five-year pause, targeting sales of approximately ₹2,000 crore in the current fiscal year. This initiative follows a period of inactivity attributed to a lack of government support, a situation that has now changed with the current administration showing strong encouragement for the sector.

In parallel, the company anticipates robust sales in its residential division, with plans to sell plots valued at around ₹5,000 crore. This follows a successful FY26 where G Square achieved ₹4,000 crore in residential property sales, encompassing plots, villas, and apartments. The developer boasts over 20,000 customers and has amassed more than 5,000 acres across key areas like Chennai and Coimbatore.

Recently, G Square launched its 119th project, G Square Kshetra, in Karanodai, offering plots at a special launch price of ₹1,890 per sq ft, significantly below the market rate. This project is located near the Chennai-Kolkata highway and is accompanied by a unique pricing challenge, underscoring the company's confidence in its market value. Industrial plot developments are also planned for Gummudipoondi and Coimbatore.