North Chennai Emerges as a Promising Real Estate Hub

North Chennai, once known for its industrial landscape, is rapidly transforming into a sought-after real estate destination. With significant government investments in infrastructure and connectivity, areas like Red Hills, Puzhal, and Karanodai are becoming prime locations for plotted development.

Real EstateNorth ChennaiPlotted DevelopmentInfrastructureConnectivityReal Estate NewsJun 28, 2025

North Chennai Emerges as a Promising Real Estate Hub
Real Estate News:Chennai: Once seen as the gritty industrial edge of the city, North Chennai is turning into one of the hottest new addresses in real estate, especially for plotted development. Areas such as Red Hills, Puzhal, and Karanodai are fast turning into favorite hubs for plotted development due to various development projects planned by the government.

According to developers, North Chennai is what Anna Nagar was in the 1970s or Besant Nagar in the 1980s. From key connectivity upgrades such as the Chennai Outer Ring Road (ORR) to the expansion of social infrastructure such as metro, schools, colleges, and healthcare facilities, the region is rapidly evolving into a vibrant residential zone.

Chennai, Hyderabad, and Bengaluru lead in plotted development when compared to the rest of India. These plots are created in all futuristic locations, where the government has planned future development projects and where investments can grow, said Ranjeeth Rathod, executive committee member, Credai-Chennai. G Square's latest land acquisition aligns with this momentum. The firm has acquired a total of 62.38 acres of land to develop 1,091 ready-to-construct villa plots spread across Red Hills, Puzhal, and Karanodai.

The total investment across these projects stands at 230 crores. The new projects are strategically located with excellent access to major transit corridors, prominent educational institutions, healthcare hubs, and other developments like Madhavaram Mofussil Bus Terminus (MMBT), fintech city at Madhavaram, and Chennai Peripheral Ring Road, said Bala Ramajeyam, managing director, G Square Realtors Private Limited.

Traditionally, South Chennai — especially along the GST corridor — has been the preferred choice for homebuyers, thanks to its established infrastructure and proximity to industries, said Abdul Rahman, national south wing secretary, CREDAI. But North Chennai is poised to emerge as an interesting prospect. The key question buyers ask is how long it will take for property values to appreciate. If the government promotes high-paying, white-collar employment opportunities in the region, it will significantly boost investor confidence and drive greater demand for housing in the years ahead.

Developers say homebuyers now crave personalized living spaces with the convenience of community features. Most of the buyers are women, government employees association, groups of teachers, and even IT employees. Nearly 90 per cent of the buyers select plots that are 1,200 sqft, added Ranjeeth Rathod.

Frequently Asked Questions

What areas in North Chennai are becoming popular for real estate development?

Areas such as Red Hills, Puzhal, and Karanodai are becoming popular for real estate development, especially for plotted development.

What government projects are boosting the real estate market in North Chennai?

Government projects like the Chennai Outer Ring Road (ORR), expansion of the metro, and the development of social infrastructure such as schools, colleges, and healthcare facilities are boosting the real estate market in North Chennai.

Which companies are investing in real estate in North Chennai?

Companies like G Square Realtors are investing in North Chennai, acquiring land to develop villa plots and other residential projects.

Who are the primary buyers of plots in North Chennai?

The primary buyers of plots in North Chennai include women, government employees, groups of teachers, and IT employees.

What factors are driving the demand for housing in North Chennai?

The demand for housing in North Chennai is driven by the region's strategic location, excellent connectivity, and the potential for property value appreciation, especially if the government promotes high-paying employment opportunities.

Related News Articles

Max Estates' Max House - Phase 2 Witnesses Unprecedented Success with 100% Occupancy in Under a Year
real estate news

Max Estates' Max House - Phase 2 Witnesses Unprecedented Success with 100% Occupancy in Under a Year

Noida, Uttar Pradesh, India - Max Estates Limited, a prominent real estate developer in Delhi NCR, has achieved a remarkable milestone with Max House - Phase 2, reaching 100% occupancy in less than a year of its completion.

September 13, 2024
Read Article
Kaushalya Logistics Expands Horizons with McDonald's Partnership in Mumbai
Real Estate Mumbai

Kaushalya Logistics Expands Horizons with McDonald's Partnership in Mumbai

Kaushalya Logistics Limited partners with McDonald's to open a restaurant in one of its Mumbai properties, marking a significant step in diversifying its business interests.

September 27, 2024
Read Article
Godrej Properties Achieves Record-Breaking Quarterly Booking Value in Q2FY25
Real Estate Mumbai

Godrej Properties Achieves Record-Breaking Quarterly Booking Value in Q2FY25

Godrej Properties, a leading real estate developer, has reported its highest ever quarterly booking value in Q2FY25, driven by strong sales in its Mumbai Metropolitan Region (MMR) projects, including the iconic Godrej Estate.

October 5, 2024
Read Article
Rajiv Bajaj's Rishabh Family Trust Acquires Property in Pune's Koregaon Park
Real Estate Pune

Rajiv Bajaj's Rishabh Family Trust Acquires Property in Pune's Koregaon Park

Real estate consultant Square Yards announced that Rishabh Family Trust, associated with Rajiv Bajaj, has recently purchased a land parcel in Pune's upscale Koregaon Park. This strategic move signals the family's continued interest in premium real estate

December 12, 2024
Read Article
Bengaluru's Residential Market Experiences Significant Growth in 2024
Real Estate

Bengaluru's Residential Market Experiences Significant Growth in 2024

Bengaluru has emerged as a leading city in India's residential real estate sector, with remarkable growth and increased investments observed in 2024. The city's appeal extends beyond its tech hub status, attracting a diverse range of homebuyers and invest

December 21, 2024
Read Article
RBI Cuts Repo Rate to 6.25%, Boosting Real Estate and Homebuyer Sentiment
real estate news

RBI Cuts Repo Rate to 6.25%, Boosting Real Estate and Homebuyer Sentiment

The real estate sector has welcomed the Reserve Bank of India's (RBI) decision to cut the repo rate by 25 basis points to 6.25%. This move is expected to enhance homebuyer sentiment and make housing more affordable.

February 7, 2025
Read Article