Stories
Arbour Funds GSquare Group's Chennai Projects with ₹70 Crore Facility
N
News18•28-09-2026, 19:15
Arbour Funds GSquare Group's Chennai Projects with ₹70 Crore Facility
- •Arbour has provided a ₹70 crore structured credit facility to GSquare Group for residential plotted projects in Chennai.
- •The funding targets projects along Chennai's East Coast Road (ECR) and in the Sriperumbudur corridor.
- •ECR is known for premium residential living near IT hubs, while Sriperumbudur is emerging as an industrial hub with upcoming metro connectivity.
- •GSquare Group's Founder, Bala Ramajayam, noted strong demand for plotted development in both ECR and Sriperumbudur, with significant drops in unsold inventory.
- •GSquare Group, a leading plot developer in Tamil Nadu, has a portfolio of 244 projects worth nearly ₹20,195 crore across multiple cities.
Key Questions Answered
Arbour has extended a ₹70 crore structured credit facility to GSquare Group to support residential plotted development projects in Chennai.
The funding supports residential plotted projects located along Chennai’s East Coast Road (ECR) and in the Sriperumbudur corridor.
Unsold inventory in ECR dropped from approximately 32% in 2022 to 14% in 2025, while demand in Sriperumbudur more than doubled with unsold inventory falling to a similar 14% level.
