About Grand Housing Ltd.
Grand housing is a real estate developer based in Tamil Nadu, with a strong focus on plotted developments in and around Chennai. Its business involves acquiring land, building essential infrastructure such as roads, power, water, and sewage systems, and then converting it into plots for sale.
The company operates in two segments:
- Residential plots– Ranging from 600 sq. ft. to 2,400 sq. ft., priced between Rs 1,500 and Rs 5,000 per sq. ft., mainly sold to homeowners for building houses or villas. These plots are developed with amenities like paved roads, streetlights, walkways, avenue trees, fences, and CCTV.
- Industrial plots– Large parcels ranging from 2 to 9 acres, priced between Rs 5 million and Rs 30 million per acre, mainly sold to companies for factories, warehouses, and related facilities.
Chennai, being South India’s largest commercial and industrial hub, offers strong demand for both residential and industrial developments. Its projects are located in prime growth corridors, combining good connectivity, infrastructure, and investment potential. As of March 31, 2025, the company has successfully completed 39 projects, and working on 13 ongoing projects, and have 7 upcoming projects.
As of March 31, 2025, it had 64 permanent employees.
Competitive Strengths
- Established and reputed developer in Tamil Nadu
- Large land reserves and projects at strategic locations
- Efficient project execution skills with a consumer centric design approach
- Business model enabling healthy financial performance
- Experienced promoters and management team
