R ARIVANANTHAM
CHENNAI, APRIL 27
A month after launching Tamil Nadu’s first smart city project, real estate developer G Square announced the launch of an affordable industrial park in Arakkonam near Chennai with the helipad facility on Wednesday.
Announcing the launch, N Eshwar, Chief Executive Officer, G Square Realtors Private Limited said that the industrial park has close proximity with the railway side. Apart from this, the park will be the first industrial park in the country with the dedicated helipad facility.
- The industrial park is strategically located and is well connected to prime locations
- Industries can choose a minimum of 20 acre
G Square has so far delivered 1,000 acres of industrial lands to prestigious clientele like CEAT, JK Tyres, ELGI, Murugappa, CGI, Ascendas, etc.
With the vast experience in land aggregation, it is now venturing into developing industrial parks. G Square Industrial Estate at Arakkonam offers an affordable industrial park bang on Chennai-Arakkonam Highway. With this new venture G Square is planning to expand into Chennai, Trichy and Coimbatore and provide affordable industrial spaces.
https://twitter.com/GSquareHousing/status/1519291626111180800?s=20&t=3f2hRatyoSQD1ueJfajqDw
This project will provide industries to set up their facilities in a location that has access to amenities like the Railway siding track, Power stations- 220KVA and 110KVA substations, excellent water source, telecom connection from all major service providers with close proximity to established industries and a dedicated helipad in the park.
G Square Industrial Estate provides single land parcels in a 400 acres expanse that can be tailor-made for industry-specific needs which makes it suitable for setting up logistics, steel, cement, battery industries, and many more. The industrial park is strategically located and is well connected to prime locations such as upcoming Nice road, which connects Bengaluru highway in just 10 minutes (7 km), Vellankadu Kancheepuram which is just 40 minutes (25 km) from the Bangalore Highway, upcoming peripheral ring road at Vengathur, which connects Ennore and Mahabalipuram, Outer ring road at Pattabiram and the Ennore Port which is 2 hours from the property.
The park is very close to railways stations- Arakkonam railway junction and Puliamangalam railway station and the 2000 acres INS Rajali Arakkonam Navy air station all within 5 kms radius. Arakkonam is known to have the highest labour pool as people travel daily from Thiruvallur, Sriperumbudur, and Chennai to work in this industrial region, thus this industrial park will provide huge job opportunities for people of Arakkonam and the villages surrounding it.
Commenting on the launch of Eshwar said, “G Square Industrial Estate is the industrial real estate arm of G Square, and will focus on providing affordable industrial spaces across Tamil Nadu and this project is in Arakkonam which has the most wanted industrial land needs near Chennai. G Square Industrial Estate in Arakkonam will be the first affordable industrial park in Tamil Nadu with every industrial facility that is needed. With this G Square intends to solve the challenge of readymade industrial lands being available. The key differentiator we see with our new venture is that this would enable the aspiring industries to have free hold of the land if they buy the land parcels from us which in-turn gives complete freedom for the industries to develop the space into their own way without any restrictions.”
Replying to a query, he said that they are expecting nearly 7 to 8 diversified companies would commission their facilities with sizeable investments. Preliminary talks have already started with the leading industrial players by the marketing team of the company, he added.
