Each year Chennai keeps developing in the real estate sectors that is blooming its lifestyle and economy alike. Hotels near Chennai airport to residential constructions a lot have happened in the real estate sector this year by far. Some of the leading builders who have an outstanding contribution towards this growth are:
Here are the top property developers in Chennai who are currently working on hotel development projects.
Godrej Property Developers in Chennai:
Godrej is famous for its appliance line up, but only a few people know them as property developers. The company is owned and founded by Adi Godrej in the year 1990. The leading builders in Chennai have an experience of 30 years and have total projects of 116 out of which 114 are still ongoing.
From these projects, Palm Grove is constructed in Chembarambakkam Chennai. Godrej's palm grove project is a blend of luxury and space, which is lavishly spread across 12.5 acres of land. It offers 2 and 3 bhk flats in a complex of 14 towers with a maximum of 19 floors on each tower. It is located on the NH4 Bengaluru highway. A perfect home surrounded by greenery and peace, which offers a breathtaking view of the Chembarambakkam lake.
Tata Value Homes:
Tata homes limited is a company of ten years with a total project of 19 out of which 16 are still in progress. Tata value home is the step taken by Ratan Tata in the industrial segment. It was founded in the year 2009 tata, today one of the premium builders in Chennai with three ongoing projects in Chennai.
Tata Santorini phase IB is an ongoing project by Tata value homes in Kuthambakkam Chennai with a flat estimate rate of 29.50 - 41.00 lacs. It is one of the hotels near Chennai airport.
Tata crescent enclave is another major project by the company. It is a project by Tata value homes in Oragadam, Chennai, with a flat estimate rate of 14.10 Lacs - 46.79 Lacs.
Another significant venture under this company is Tata new ribbon walk. This one is located at Moolacheri, Chennai, with a flat available at the estimated rates of 32.00 Lacs - 80.00 Lacs.
Brigade Group:
Brigade group is one of the leading builders Chennai with an experience of over 34 years. It has a total project of 58 out of which 57 is still ongoing. The Brigade group has been working in major cities like Mysore, Chennai, Hyderabad. M.R. Jaishankar founded it in 1986.
Brigade group is currently working on a project called Brigade vintage, which is located at Mahabalipuram road in Kandanchavadi, Chennai. This housing venture will give the residents an urban chic lifestyle experience.
Pacifia Companies:
Pacifica group of companies deals with 3-4 BHK luxury apartments. It has an experience of 42 years with a total of 15 projects, out of which 13 are still ongoing. It was founded in the year 1978. Pacifica Aurum luxury apartment is currently being constructed at Chennai, which is one of 13 projects owned by Pacifica companies.
BSCPL Infrastructures Ltd Leading Builders Chennai:
BSCPL INFRASTRUCTURES, formerly known as Seenaiah & company. It was founded in 1972, thus, holds an experience of 38 years. With a total of 14 projects under its kitty out of which 12 are ongoing till this year.
Based in Chennai, the company is currently working on the BSCPL Violet project located in perumbakkam, Chennai, and has an estimated flat price of 42 Lacs - 64 Lacs. This lavish project violet has a built-up area of 1015-1610 sq ft.
Sobha Limited:
Sobha limited group of companies have experience of 25 years in this field. They have a total of 144 projects, out of which 141 are still ongoing. A popular project known as Winchester has been in development in the city of Chennai by SOBHA limited. It is located near Velachery, Chennai.
It is situated at a spacious 200-sq ft, Thoraipakkam Pallavaram road, a location that is close to Velachery and allows easy access to educational institutions. Shopping malls like grand mall and phoenix market city are at a proximity to the area.
Olympia Group of Companies:
Olympia companies have developed one of the largest and one of the oldest known IT offices in Chennai. Many companies have taken office in this business park-like fortune 100 companies, which is second to tidal park when compared by the criteria of fame and popularity. It has given many prestigious projects which got national and international recognition.
One of its projects in Chennai this year is Olympia opaline sequel, which is in the second phase of its existing opaline project. The opaline was launched on June 14, 2020; it is nested over 16 acres of land. The project is located in Navallur, Chennai, and offers 1, 2,3,4 BHK flats each flat has an sq ft of 567 - 2500, respectively.
Conclusion
The capital city of Tamil Nadu has a lot of significant construction projects up its sleeve. The city is continually growing in this sector. We can witness from the list mentioned above of constructions, which are some of the famous and ongoing projects in the city in 2020 and are expected to be completed by the year 2025 - 2030.