Premium Residential Development in Padi, Chennai
Sector: Commercial • Location: Chennai, Tamil Nadu, India
Source: Construction World
Prestige Group and Arihant Group have jointly acquired a 16.331 acre land parcel in Padi, Chennai through Canopy Living LLP, a joint venture between Prestige Estates Projects Limited and Arihant Foundations and Housing Limited. The site is proposed for a premium residential development with a saleable area of 3.6 million square feet and an estimated revenue potential of approximately Rs 50 billion
- Status
- Prospective
- Sector
- Commercial, Residential
- Location
- Chennai, Tamil Nadu, India
- Updated
- 22 Jul 2026
- Source
- Construction World
ConstructChat
Ask ConstructChat about Premium Residential Development in Padi, Chennai
Pick a question to edit it, or write your own.
First answer free · no account
Project Information FAQ
Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Prestige Group and Arihant Group have jointly acquired a 16.331 acre land parcel in Padi, Chennai through Canopy Living LLP, a joint venture between Prestige Estates Projects Limited and Arihant Foundations and Housing Limited. The site is proposed for a premium residential development with a saleable area of 3.6 million square feet and an estimated revenue potential of approximately Rs 50 billion. The project is strategically located close to Anna Nagar and aims to address premium housing needs in the area. |
Original sector | Real Estate |
Budget |
Location
Country | India |
State | Tamil Nadu |
City | Chennai |
Source
Source | Construction World |
URL |
More Details
Record type | Project |
Sector | Commercial, Residential |
Article published date | 2026-04-03 |
Research
Free account
View all details
You are reading the public part. A free account opens the rest:
- Every detail on this project
- News and media coverage
- Technical research
Free account · no card · lands you back on this project
More Commercial projects in India
- Mundra Ultra Mega Power Plant Gujarat
- ONGC Tripura Power Plant
- Salaya Power Project Gujarat
- Cable-stayed bridge project in the Chambal River
- Construction services for the wellness center component of NexusPark for the Columbus Regional Health and the City of Columbus in Indiana (United States)
- Mumbra Bypass Project
- Essel Gwalior Shivpuri Toll Roads Private Limited
- Mytrah Energy Limited- 100.3MW Savalsang Windfarm