Top 10 Builders in Chennai

Updated on : Dec 16, 2019 4:47 PM
Top 10 Builders in Chennai

It is a less known fact that for many decades, Chennai did not come under the radar of the booming realty market of India. A major shift can be attributed to the successful creation of job opportunities where industrial areas are governed by the business and trader community, locomotive workshops, government offices, and port-related operations.

Recently there have been many improvements in connectivity and better infrastructure facilities in recent years and hence real estate in Chennai is poised to grow manifold. Key localities from different part of Chennai where this development can be seen includes:

  • North Chennai: Tondiarpet, Tiruvottiyur, Ennore, Royapuram, Vyasarpadi, Perambur, Kolathur, Korattur, Korukkupet Madhavaram, Manali, Washermanpet, Selaivayal, Ponniammanmedu, Puzhal, Villivakkam, Ponneri are some of the areas from North Chennai that is witnessing tremendous development.
  • West Chennai: west Chennai have been developed by local and national players alike in the localities of Mogappair, Nolambur, Maduravoyal, Ayanambakkam, Virugambakkam, Vadapalani and Valasaravakkam among many others have witnessed an annual price appreciation even higher than central Chennai.
  • South Chennai: Abhiramapuram, Adyar, Besant Nagar, MRC Nagar, Guindy, Boat Club, Kotturpuram, Thiruvanmiyur, Velachery, Tambaram are some of the residential and commercial real estates in south Chennai that has seen massive residential growth for over 75% of Chennai’s office space stock.

Overall, Real estate projects covering many regions in Chennai including apartments, flats, houses, and land are sure to continue witnessing an upward trend as it continues to attract a large number of young professionals and NRI investors.

Some important statistics that caters to Real Estate projects and housing in Chennai are as follows:

  • According to Makaan.com, the annual price growth is recorded at 191 percent while the annual rental yield is 3.998334 percent.
  • Average property value at Thiyagaraya Nagar is Rs 18,890 per sq ft, followed by Purasaiwakkam with an average value at Rs 12,000 per sq ft.
  • Property prices at Alwarpet on average, stands at Rs 18, 467 and Choolaimedu where prices are Rs 9,090 per sq ft are equally popular localities.
  • There are 2,867 properties in the most sought-after range of Rs 34-43 lakh for those looking to invest in apartment units. 
  • In addition, there are 1,125 villa projects in Chennai for which the broad price range is Rs 10 lakh to Rs 25 crore depending upon the size and location of the unit.
  • The villa units that are priced low are often those that are in the outskirts or are small units like Walajabad is one such location besides Kadambattur, Chengalpattu, Teachers’ Colony, Thirukkazhukundram.
  • Some of the high-end villa properties are located in Injambakkam, Raja Annamalaipuram, Alwarpet, Anna Nagar, Nungambakkam, Kodambakkam etc.

Here's The Summary List of Top 10 Builders in Chennai

1. Mahindra Lifespaces, Chennai
2. Prestige Group, Chennai
3. Sobha Developers, Chennai
4. Godrej Properties, Chennai
5. Shriram Properties, Chennai
6. Brigade Group, Chennai
7. Puravankara Projects, Chennai
8. TVS Emerald, Chennai
9. Tata Value Homes, Chennai
10. Lancor Holdings, Chennai
Ratings and Reviews
2.44
9 Reviews
Description

Mahindra Lifespaces – Chennai that was Established in 1994 is a pioneer of sustainable urbanization in India and the real estate and infrastructure development business Mahindra Group. They have won ACEF’s Best Social Media Campaign of the Year – ‘#18Daychallenge’, Lighthouse Insights’ Best Social Media Campaign of the Year – ‘#BuildingTogether’, Lighthouse Insights’ Best Twitter Case Study – ‘#18Daychallenge’, Working Mother and Avtar – One of the Top 100 Best Companies for Women in India Construction World Architect & Builder Awards 2018: One of India’s Top Builders in 2018, CNBC-AWAAZ Real Estate Awards 2017-18: Best Residential Project under Affordable Segment – Bloomdale by Mahindra Lifespaces as some of the awards. They have been developing projects at Happinest Phase II, Avadi,

Ratings and Reviews
2.22
9 Reviews
Description

Prestige Group has ventured into real estate in the year 1986 has currently 210 completed projects, 53 ongoing projects, and 35 upcoming projects in India. They are one of South India’s leading property developers that have infrastructural developments span across retail, residential, commercial, leisure, & hospitality sectors. They have several projects that go by the name of Prestige Courtyards, Prestige Silver Springs, Prestige Downtown, Prestige Bella Vista to name a few. These projects are spread over an area of 25.18 acres, the project offers a choice of 1, 2, 3 and 4 BHK apartments with sizes ranging from 600 to 2621 sq. ft.

Ratings and Reviews
1.63
8 Reviews
Description

Sobha Developers, Chennai is the most reliable and trustworthy builder with a repertoire of award-winning properties across India. They have developed several projects that include Sobha Blossom, SOBHA Gardenia, SOBHA Serene, SOBHA Meritta, SOBHA Winchester, SOBHA Palacia, SOBHA Evergreens to name a few. They have won 'One of India's Top Builders 2019', 'Best Quality Construction of the Year - Chennai’ and ‘Best Architecture Plan of the Year', SOBHA Nasera, Pune declared the ‘ Residential Project of the Year ( West)’ (Non-Metro, Category ) at the 11th Realty+ Excellence Awards 2019, ‘Developer of the Year’ at the Annual Estate Awards 2019, All Kerala CSR Conclave & Annual CSR awards 2018, Dun & Bradstreet Corporate Awards 2019 in the Real Estate category to name a few.

Ratings and Reviews
1.56
9 Reviews
Description

Godrej Properties that was established in 1897 has a reputed real estate developer active in 12 cities of India with approx. 11.06 million sq. meter land bank. They aim to demonstrate economic self-sufficiency and excellence within India. Their projects include GODREJ AZURE, OMR, GODREJ PALM GROVE to name a few. They have won Total Environment Home Win Golden Brick Award 2019, Kalpataru Solitaire wins landscape project-architecture category at the aces of space design awards 2019, The Golden Brick Awards 2019 - 4th Edition, Piramal Realty awarded Developer of The Year - Residential by the Times of India: DesignX, ADORA DE GOA awarded as the BEST THEMED PROJECT of the Year to name a few.

Ratings and Reviews
1.44
9 Reviews
Description

Shriram Properties that was established in 1995 with Bangalore as its headquarters is also a leading real estate developer with projects in Bengaluru, Chennai, Kolkata. It has delivered more than 12.5 million sq. ft and with the potential for 54.76 million sq. Some of their projects in Chennai include Joy at Shriram Temple Bells, Shriram Divine City, Shriram Park 63 to name a few. They have won REAL ESTATE & INFRASTRUCTURE ROUND TABLE & AWARDS by DNA and 9th Realty Plus Excellence Awards (SOUTH) 2017. The project emerged as the winner among several entries received from top Builders, Developers, and Realtors in India.

Ratings and Reviews
1.44
9 Reviews
Description

Brigade Group was founded in 1986 has branch offices in several cities in South India. They have a uniquely diverse multi-domain portfolio that covers property development, property management services, hospitality and education. They leverage cutting-edge technology and also have some CSR activity in the areas where they make their projects. Their projects include WTC Chennai that will be the tallest commercial establishment in the city, development of which consists of a built-up area of 1.8 million sq.ft spread across two towers. Their project is a Joint Venture between Brigade & GIC. They won two awards at the CREDAI Karnataka’s CARE Awards 2017, award in the Villas & Row Houses category along with Orion East Mall won for the shopping Malls category.

Ratings and Reviews
1.44
9 Reviews
Description

Puravankara Projects – Chennai that was founded in 1975 have 29 million square feet of projects under development, with an additional 88 million square feet in projected development over the next 7-10 years for different areas in Chennai. They have Nearly 12 million square feet of projects are under development at the present. They have won 'Finaliste, International Prix d' Excellence –1998', Realty Plus Excellence Award - 2012 in the category 'Popular Choice - Developer of the Year: Residential. Some of their projects include Purva Windermere that is built across one of the fastest-growing areas of Chennai – Pallikaranai and spread over 55 acres. Other projects include Puravankara Swanlake, Puravankara Somerset House, Puravankara Purva Mayfair, Puravankara Purva Jade, etc.

Ratings and Reviews
1.4
10 Reviews
Description

TVS Emerald – Chennai that was Established in 1911 offers a perfect combination of innovative architecture and ideal location with all the basic facilities nearby. They are located at Pallavaram in Chennai and is equipped with all world-class facilities required for a luxurious stay. Some of their projects include TVS Emerald Lighthouse, TVS Emerald GreenAcres, TVS Emerald Greenhills, TVS Emerald Flourish, TVS Emerald Green Enclave, TVS Emerald Verdant Woods. They are the first developer in Chennai to get our homes certified by CONQUAS which is The Construction Quality Assessment System from Building and Construction Authority (BCA), Singapore.

Ratings and Reviews
1.38
8 Reviews
Description

Tata Value Homes – Chennai is a subsidiary of Tata Housing Development Company Limited that was established in 2010, to exclusively focus on value and affordable housing. They have introduced two pan-India brands - Shubh Griha (Value Homes) and New Haven (Affordable Homes). They have developed projects in major and mini metros including the Mediterranean themed project "La Montana" near Talegaon & a similar project "Santorini" in Chennai. All of their projects are aimed at sustainable green developments. Their project New Haven Vasind was awarded Affordable Housing - Project of the Year by Realty Plus Excellence Awards, Emerging Developer of the Year - Residential, North India – Estate, Tata Housing – Golden Peacock National Quality Award, 2013 to name a few.

Ratings and Reviews
1.23
14 Reviews
Description

Lancor Holdings – Chennai is public incorporation that was established on 04 January 1985 and is registered at Registrar of Companies. Some of their projects include The Atrium, Thiruvanmiyur, Abode Valley, Potheri, Cornerstone, Nanganallur, The Courtyard, Nanganallur, TCP, Sholinganallur, OMR, TCP South, Sholinganallur, OMR, TCP West, Sholinganallur, OMR, TRAFALGAR, THIRUVANMIYUR, MENON ETERNITY, R A PURAM, RAMCO SYSTEMS, GUINDY to name a few. They have won “the Highest transparency” award at The CNBC CREDAI AWAAZ REAL ESTATE AWARDS 2009. They are also listed on the Bombay Stock Exchange.