Tue Aug 05 10:21:24 UTC 2025: Okay, here’s a summary of the text, followed by a news article based on it:
**Summary:**
Bala Ramajayam, Managing Director of G Square Group, spoke at The Hindu Tamil Nadu Real Estate Summit 2025 in Chennai. He highlighted the growing demand for land investments, not only in Chennai but also in Tier-II and Tier-III cities across Tamil Nadu. He pointed to a significant increase in land value appreciation, attracting investors, particularly in the 35-45 age group. Ramajayam also emphasized Tamil Nadu’s strong infrastructure and G Square’s collaborations with smaller developers. The company looks for land with existing housing and good road connectivity.
**News Article:**
**Tamil Nadu Real Estate Booming Beyond Chennai, Says G Square MD**
**CHENNAI, August 5, 2025** – Demand for land investment is surging across Tamil Nadu, extending beyond the capital city of Chennai, according to Bala Ramajayam, Managing Director of G Square Group. Speaking at The Hindu Tamil Nadu Real Estate Summit 2025 in Chennai today, Ramajayam noted the significant potential in Tier-II and Tier-III cities, fueled by rising land values and a growing desire for homeownership.
“We’re seeing a tremendous appetite for land investment, particularly in cities like Coimbatore, Madurai, and Tiruchi,” Ramajayam stated during a fireside chat moderated by Sangeetha Kandavel, Senior Assistant Editor of The Hindu. “If we assure investors about land value appreciation, the volume of land investment businesses will witness a steady growth.”
G Square Group has experienced a surge in demand for residential plots since the COVID-19 pandemic. The company reports that land values have appreciated by as much as 70%, attracting a younger demographic, with 80% of buyers in the 35-45 age group. Coimbatore, the company reports, is second only to Chennai in terms of land deal volume, with G Square sealing ₹1,000 crore worth of business there last year.
Ramajayam also highlighted Tamil Nadu’s superior infrastructure compared to other states, which aids in real estate development. He mentioned G Square’s collaborations with smaller developers to transform layouts into residential buildings, IT parks, and malls. The company prioritizes land near existing housing and with good road connectivity.
The Hindu Tamil Nadu Real Estate Summit 2025 is presented by Casagrand and co-presented by G Square, with Swelect as the green energy partner, and SDAT and Tamil Nadu Champions Foundation as sports ecosystem partners. The event is supported by CREDAI Tamil Nadu, Lancor, Namma Family Group, with MMA (Madras Management Association) as the strategic partner. Puthiya Thalaimurai is the TV partner, and The Federal is the digital partner.
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