Tag: TVS Group

IndustryLatest Stories

G Square Group Buys ₹300 Crore Land in Madurai from TVS Owners

Representative image NEW DELHI: G Square Group has purchased a five-acre land parcel valued at ₹300 crore in Periyar, Madurai, from the TVS Group owners to create a residential and commercial plotted development named G Square Temple View Square. The land was previously owned by T. V. Sundaram Iyengar, the founder of the TVS family of companies. Out of the total area, 1.63 acres will be dedicated to residential development, two acres for commercial use, and the remaining land will provide infrastructure and community amenities. The project consists of 55 plots in total, including 50 residential and five commercial plots.…

IndustryLatest Stories

TVS Emerald Secures ₹425 Crore from IFC for Housing Projects

NEW DELHI: Realty company TVS Emerald has secured Rs 425 crore in equity funding from the International Finance Corporation (IFC) to finance new housing developments. Part of the TVS Group, TVS Emerald announced on Thursday that these funds will assist in the development of two upcoming residential projects, set to launch in the next fiscal year in Chennai and Bengaluru, along with additional projects in the pipeline. The company will allocate Rs 136 crore for the Chennai project and Rs 103 crore for the Bengaluru project. The remaining funds will support further residential ventures over the next two years. The…