Project · Sriperumbudur, Tamil Nadu
Sriperumbudur. 17-acre JV Development.
Two-phase warehouse construction on a 50:50 investor-developer share, centred between SV Chatram, Mappedu and Mannur.
Project Overview
Two-phase development in Chennai's manufacturing heartland.
17-acre land property and warehouse construction in two phases with investor-developer share (50% each). Land acquired through equity; Phase 1 via Equity-JV and Phase 2 via LRD.
USP: Centred between Sriperumbudur SV Chatram, Mappedu and Mannur, the heart of Chennai's auto and electronics manufacturing cluster.
| Project Name | Sriperumbudur (West Chennai) |
|---|---|
| Land Area | 17 acres |
| Project Initiation | May 2025 |
| Investment (Land) | Purchased through equity |
| Construction Phase 1 | Equity–JV |
| Construction Phase 2 | LRD |
| Expected IRR | 14.8% |
| Structure | 50:50 Investor–Developer |
Why Sriperumbudur
Anchor of Chennai's auto & electronics belt
Established cluster
Home to Foxconn, Hyundai, Samsung and dozens of Tier-1 suppliers.
Workforce access
Direct connectivity to Chennai's industrial labour catchment.
Phased capital
Equity-JV in Phase 1 and LRD in Phase 2, capital-efficient through the cycle.