Godrej Properties entered Chennai's residential market with deliberate corridor selection — placing its projects at the intersections of employment density, social infrastructure, and improving road connectivity rather than chasing centrally located land. The result is a city portfolio that spans three distinct micro-markets: the Old Mahabalipuram Road (OMR) tech corridor at Padur, the southwest industrial node of Oragadam, and the lakeside suburb of Chembarambakkam.
Godrej Properties reported record operational performance for FY2026, cementing its position as India's largest residential developer by booking value for the third straight year. The firm's booking value surged to Rs 34,171 crore in FY2026, representing a 16% year-on-year growth and a remarkable three-year compound annual growth rate of 41%. That national scale sits behind every Chennai project: land is acquired through outright purchase, construction spend is accelerating, and delivery is tracked against publicly stated guidance.
The Old Mahabalipuram Road — formally Rajiv Gandhi Salai — is the axis around which Godrej Properties has made its most concentrated commitments in Chennai. The road runs roughly 45 kilometres from Madhya Kailash in the north to Mahabalipuram in the south, threading through major IT and industrial hubs, especially in areas like Taramani, Perungudi, and Sholinganallur.
Godrej's existing completed project on this corridor, Godrej Azure, was built in Padur across 6.22 acres and delivered in three RERA-registered phases. The Siruseri IT Hub is approximately 2.5 km from the project, housing companies such as TCS, Cognizant, Capgemini, and 20+ others with over 1.2 lakh employees. The proposed Siruseri Metro Station (Phase 2 Corridor 3 Purple Line) is approximately 3 km from the project and is expected to be completed by the end of 2028.
Now the developer has moved further south along the same road. Godrej Properties has acquired a 47-acre land parcel through an outright purchase off OMR in South Chennai, where it will develop plotted residential units with a developable potential of approximately 1.2 million square feet and an estimated revenue potential of Rs 500 crore. This is the project tracked on this microsite as Godrej OMR — Chennai, positioned on the Siruseri-Kelambakkam corridor.
The site is well connected via OMR, providing access to key employment hubs across the Siruseri-Kelambakkam corridor, including SIPCOT, as well as Vandalur, Guduvanchery and the wider Mahabalipuram region. The location is supported by a steadily evolving social infrastructure, with access to healthcare facilities, educational institutions, retail, and entertainment options, contributing to its growing appeal as a residential destination.
The developer's own rationale for doubling down on this belt was stated directly by its MD and CEO, Gaurav Pandey: "South Chennai is seeing a clear evolution in residential demand, with homebuyers increasingly gravitating towards well-planned, future-ready communities that offer quality of living and long-term value. This belt has emerged as one of the most promising residential micro-markets in the region, supported by improving infrastructure and growing end-user interest. Our focus is on creating thoughtfully designed developments that align with these changing expectations and deliver enduring value over time, as we continue to strengthen our presence in Chennai."
The OMR corridor is Godrej Properties' primary focus in Chennai, but the developer has also tested adjacent geographies to understand the city's residential spread.
The market context around Godrej OMR — Chennai is not speculative. The OMR–Siruseri–Kelambakkam stretch is now one of Chennai's most data-validated residential corridors, with demand anchored in employment, infrastructure spend, and price momentum.
| Factor | Detail |
|---|---|
| Employment anchor | Siruseri sits on OMR, connecting to major tech parks; the SIPCOT IT Park is the anchor, and thousands of professionals work there and want homes close by. |
| Property prices | Property prices in the Kelambakkam micro-market range from approximately Rs 4,900 per sq ft, while luxury flats in OMR's prime gated communities command rates up to Rs 18,919 per sq ft. |
| Price trend | South Chennai led city-wide sales growth, accounting for 57% of total sales, with key micro-markets such as Kelambakkam and Sholinganallur (OMR) experiencing 5%–12% price growth. |
| Metro connectivity | The proposed Siruseri Metro Station (Phase 2 Corridor 3 Purple Line) is 3 km from Padur and expected to be completed by the end of 2028. |
| Road network | The corridor has road connectivity via OMR, ECR (East Coast Road), and the Vandalur-Kelambakkam Road. A 6-lane expressway upgrade along OMR further supports smooth travel. |
| Social infrastructure | The area hosts reputed educational institutions like Hindustan University and Gateway International School, along with healthcare centres such as Chettinad Health City. |
| Office absorption | By 2026, Chennai is projected to see approximately 9 million sq ft of new Grade A office supply; in Q2 2025, gross office leasing rose 5% and net absorption increased 30%. |
The decision to develop plotted residential units on the newly acquired 47-acre OMR site reflects a reading of buyer preference in South Chennai. Godrej Properties understands the growing demand for both ready-to-move homes and customisable living spaces, which is why it offers not only apartments but also a range of premium plots of land in prime locations — plotted developments designed to give homebuyers the freedom to build their own homes while enjoying the benefits of a secure, well-planned community.
Kelambakkam and Siruseri are gaining attention specifically for plotted developments and tech campuses, a trend that aligns directly with Godrej OMR — Chennai's product format. Plotted developments in this belt have seen strong uptake because they allow self-construction timelines while benefiting from the developer's gated infrastructure: roads, drainage, utilities, and security installed before handover.
For a buyer evaluating a pre-launch or under-construction Godrej project in Chennai, the developer's national execution record is a relevant reference point. Godrej Properties delivered 12.1 million sq ft across 9 cities in FY2026, achieving 121% of its delivery guidance. The company simultaneously added 18 new projects worth Rs 42,100 crore in future sales potential and increased construction spend by 62%.
With a presence across 12+ major cities including Mumbai, Pune, Bangalore, Chennai, Delhi-NCR, and Hyderabad, Godrej Properties has developed and has under development projects covering over 200 million sq ft across residential, commercial, and township segments. Chennai is an active and growing part of that geography — the recent 47-acre OMR land acquisition, announced in June 2026, confirms that the developer is adding to its Chennai pipeline rather than winding down.
