G Square
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| Private Limited Company | |
| Traded as | G Square Realtors Private Limited |
| ISIN | 🆔 |
| Industry | Real Estate , Plot Developers |
| Founded 📆 | October 12, 2012 |
| Founder 👔 | Bala Ramajeyam |
| Headquarters 🏙️ | Chennai, India |
Number of locations | 11 locations |
Area served 🗺️ | |
| Members | |
Number of employees | 1000+ |
| 🌐 Website | https://www.gsquarehousing.com/ |
| 📇 Address | |
| 📞 telephone | |
G Square Housing Real Estate is an Indian real estate delivered over 2000 Acres of land[citation needed], The Headquarters of G Square is in Chennai, Tamil Nadu. It was founded in 2012 by Bala Ramajeyam, Managing Director of G Square Realtors Private Limited. This company has done projects in developing residential and commercial properties, Land Aggregation and Plotted Development in Tamilnadu, Telangana, and Karnataka with over the past 10 years.[1] The company has also expanded to Pune and Jaipur. They are currently developing plots in Ambur and Bengaluru. Former Indian Cricket team captain MS Dhoni is their brand ambassador.[2]
History[edit]
Initially G Square was on procuring land for various corporate clients, with notable entities such as India Bulls, Murugappa Group, JK Tyres, SIAAT, Casa Grand, Alliance Group, TVS Infrastructures, DIXI Express, and Ascendas-Singbridge Group among its first corporate clients. From 2012 to 2019, G Square dedicated its efforts to the acquisition of land for corporate purposes, to facilitating the expansion and development of its clients' projects.[3]
Pivotal moment[edit]
Every sector saw a significant decline during the pandemic, including G Square. However, during these difficult times, G Square chose to provide its resources to land acquisition, As a result G Square failed to make a profit during the year and the recession continued from 2019 to 2021. During the COVID-19 pandemic, G Square played an important role in serving the public good by providing 4,800 beds and ventilation to the public.[4][5]They realized that living in overcrowded apartments might affect the social distancing. So they began to spread the awareness by introducing individual houses. They decided to sell land in the city central business district.
Controversies[edit]
Over the past 10 years, G Square Housing Private Limited has been raided by the IT department many times. However, no concrete evidence has been found to support the allegations against the company. Recently, the company has come under scrutiny for its alleged ties to the first generation of a prominent political family, as well as accusations of collusion. This has led to renewed interest in the company and another IT raid. However, this intensive investigation has also failed to produce any evidence to support the claims.[6]
Projects[edit]
| S.on | Project Name | Location |
|---|---|---|
| 1 | G Square City, G Square City 2.0, G Square World, G Square Aspire.[7] | Coimbatore |
| 2 | G Square OMR One, G Square Prestige, G Square Beachwalk, G Square Coral Shores, G Square Seawoods, G Square Orchidville, G Square Dynasty, G Square Synergy. | Chennai |
| 3 | G Square Delta, G Square Supreme. | Trichy |
| 4 | G Square Pristine. | Hosur |
| 5 | G Square Palacia | Mysuru |
| 6 | G Square Ballari City | Ballari |
| 7 | G Square Eden Gardens | Hyderabad |
| 8 | G Square Rhythm | Theni |
| 9 | G Square Green Earth, G Square Green Atlas | Udumalpet |
| 10 | G Square Blue Hills | Dindigul |
| 11 | G Square Westfield | Ambur |
| 12 | G Square Uptown | Tirupathur |
References[edit]
- ↑ Delhi, BestMediaInfo Bureau; October 04; 2022 (2022-10-04). "News18 Tamil Nadu hosts 'Property Awards 2022' to felicitate talents in the real estate sector: Best Media Info". www.bestmediainfo.com. Retrieved 2023-11-18.
- ↑ Sonawane, Akshay (2022-02-07). "G Square Housing announces MS Dhoni as brand ambassador". SportsMint Media. Retrieved 2023-11-18.
- ↑ "Tamil Nadu's First Integrated Smart City Project Launched".
- ↑ "Honourable Health Minister for TN M. Subramanian installs 100 oxygenated beds at TN Government Multi-Super Speciality Hospital (Omandurar GH)". ANI NEWS. 2021. Retrieved 18 November 2023.
- ↑ Correspondent, Special (2021-05-23). "M.K. Stalin launches 130 oxygen beds in Saidapet for COVID management". The Hindu. ISSN 0971-751X. Retrieved 2023-11-18.
- ↑ Bureau, BL Chennai (2023-05-03). "I-T raids prove we have no association with any political party: G Square". BusinessLine. Retrieved 2023-11-16.
- ↑ Bureau, BL Kochi (2023-08-11). "Experts bet big on Kovaipudur, upcoming residential area in Coimbatore". BusinessLine. Retrieved 2023-11-18.
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