Home / Business and Economy / G Square Unveils ₹750 Cr Dream Project in Coimbatore
G Square Unveils ₹750 Cr Dream Project in Coimbatore
29 Nov
Summary
- A ₹750-crore luxury project spanning 16.3 acres launched in Coimbatore.
- The project offers plots at pre-launch prices 30% below market rates.
- It's strategically located near Coimbatore's central hub, Peelamedu.
Chennai-based G Square has announced "G Square The Residency," a substantial ₹750-crore development in Coimbatore, set to transform 16.3 acres into an ultra-luxury commercial and residential space. Located strategically near Peelamedu, a key commercial center, the project promises exclusivity and prime accessibility for its future residents and businesses. This venture marks a significant investment in Coimbatore's burgeoning real estate sector.
The developer is offering a compelling pre-launch price starting at ₹39.9 lakh per cent, a significant 30% below prevailing market rates. This pricing strategy targets both investors and discerning homebuyers looking for value in a high-growth area. Proximity to the Race Course area, where land values exceed ₹1 crore per cent, further underscores the project's potential for impressive capital appreciation, with estimates suggesting over 2X returns.
Bala Ramajayam, Founder and Managing Director of G Square, highlighted the project's significance, stating it's more than a real estate transaction; it's an opportunity to be part of a landmark development within Coimbatore city limits. "G Square The Residency" is poised to become a distinguished address, blending luxury living with commercial viability.
