Greenbase Industrial & Logistics Park, a Hiranandani Chennai and Blackstone joint venture, is in the final stages of acquiring 55 acres of land in Oragadam, expanding its industrial footprint within Hiranandani Parks, Oragadam. This strategic acquisition strengthens Greenbase’s presence in Chennai’s auto and manufacturing hub.
The project, with an estimated investment of ₹425 crore and a land cost of ₹110 crore, aligns with Greenbase’s vision of providing world-class industrial infrastructure. N Shridhar, CEO of Greenbase, stated that an additional 90-acre land parcel in Elaichur is also being integrated into the expansion plan, with an investment of ₹150 crore. This expansion solidifies Hiranandani Chennai role in developing state-of-the-art industrial and logistics spaces.
Massive Industrial Investments & Employment Growth
Greenbase has attracted nearly ₹2,000 crore in investments and currently employs around 2,500 professionals across various industries. The facility serves as a hub for leading global companies, including Vestas Wind Technology, Gurit Wind Technology, Jost India, Sanmina, Micronics, Hydraspecma, OBO Bettermann, MAS Holdings Pvt Ltd, Cooper Turner Beck, TD Connex, Cooper Wind, Yusen India, and Hellermann Tyton.
With Oragadam evolving as a major manufacturing and logistics center, Hiranandani Chennai continues to drive economic growth by attracting global enterprises to its world-class industrial ecosystem.
Hiranandani Chennai’s Residential Expansion in Oragadam
On the residential front, Hiranandani Parks in Oragadam features three distinct clusters of low-rise and high-rise apartments, offering modern living spaces for professionals working in automotive, technology, and sustainable energy sectors. The township consists of 1,424 apartments, catering to a diverse community that includes both Indian professionals and expatriates from Korea, Japan, Germany, and Denmark.
Originally launched at ₹2,400 per sq. ft., the property’s value has surged to ₹4,500 per sq. ft., highlighting its high demand and investment potential. With an 85% occupancy rate, Hiranandani Chennai continues to set benchmarks in integrated township development, providing premium residential and industrial spaces within a sustainable urban ecosystem.
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