Casagrand Premier Builder Limited is an Indian real estate developer headquartered in Chennai, Tamil Nadu, established in 2003. Its first project, Casagrand Srishti, launched in 2004 in Thiruvanmiyur, marking the start of what has become one of South India's most active residential development programmes. Two decades later, the company's footprint spans the full arc of Chennai's growth corridors. According to a CBRE report, Casagrand commands nearly 25% of the Chennai residential market in terms of project launches and around 18% in terms of demand between 2017 and mid-2025, a scale that reflects consistent absorption rather than occasional headline projects.
As of June 30, 2025, the company has completed 103 projects, has 57 ongoing, and 21 forthcoming, together covering a total saleable area of nearly 90 million square feet. Chennai alone contributes over 60% of its portfolio, which explains why the developer's micro-market choices inside Chennai carry weight as signals of where residential demand is genuinely building. Kundrathur is one of those choices.
Casagrand's projects span a wide swath of Chennai localities, including Kundrathur, Manapakkam, Pallavaram, Pammal, and Chromepet — a cluster of western and south-western suburbs that share common infrastructure logic: airport proximity, national highway access, and a price band that sits below the mature southern IT corridor without sacrificing connectivity.
Kundrathur is close to Chennai International Airport and several key employment zones in the city, making it a prime real estate investment destination. Situated approximately nine kilometres from Chennai International Airport via Pallavaram–Kundrathur Road, the suburb draws both end-users who commute frequently and investors tracking airport-adjacent rental demand. With seamless access to Chennai's city limits, growing infrastructure, and increasing demand for housing, Kundrathur is emerging as a promising residential hotspot.
The area sits at the junction of several established neighbourhoods. Casagrand Massimo is located in Kundrathur at the crux of Porur, Mangadu, Manapakkam, and close to Chennai International Airport, as well as bus and metro stations near existing and upcoming communities and facilities. This multi-directional connectivity is precisely the kind of location geometry Casagrand has consistently targeted across its Chennai portfolio — nodes where multiple arterials converge rather than endpoints on a single corridor.
Casagrand Massimo in Kundrathur spans 7.89 acres with 853 units across 21 floors, and is currently under construction with handover expected by March 2028. The project carries RERA registration number TN/1/Building/0362/2024 under the Tamil Nadu Real Estate Regulatory Authority.
The development adopts a Roman architectural theme — an approach Casagrand has used across several of its larger township projects to create a distinct community identity within a gated format. The project comprises 853 meticulously designed 2, 3, and 4 BHK apartments, with sizes ranging from 1,015 to 2,579 sq ft. The development dedicates 85% of the area to open spaces, including a 4-acre Central Park and a 2.5-acre vehicle-free podium.
The amenity programme at Massimo reflects Casagrand's standard for large-format projects. Amenities include a fully equipped 24,000 sq ft Roman-style clubhouse, landscaped gardens, gymnasium, 7,200 sq ft swimming pool, Colosseum-style 320-seater open air theatre, recreation rooms, outdoor sports courts, children's play area, party hall, and 24/7 security infrastructure — totalling over 70 amenities.
| Configuration | Size Range (sq ft) |
|---|---|
| 2 BHK | 1,015 – 1,262 |
| 3 BHK | 1,330 – 1,908 |
| 4 BHK | 2,573 – 2,579 |
Casagrand Massimo is currently priced from approximately ₹64 lakh to ₹1.32 crore, with a per sq ft rate of around ₹4,799. The Porur market reference rate stands at approximately ₹9,000 per sq ft, contextualising Massimo's entry-level pricing against the immediate neighbouring market.
Casagrand Massimo received the Economic Times Real Estate Conclave and Awards 2026 recognition for Best Affordable Project, a citation that aligns with the developer's stated positioning for this project within its wider portfolio.
Flat rates in Kundrathur, Chennai changed by 27.5% in the last one year, 36.8% in the last three years, and 75.7% in the last five years. Flat prices in Kundrathur are currently in the range of ₹5,700–7,500 per sq ft, which places Massimo's launch pricing at a meaningful discount to the prevailing market rate — a pattern that has historically characterised Casagrand's entry into growth suburbs before absorption drives prices toward comparable benchmarks.
Kundrathur's affordability makes it an ideal choice for investors seeking value-for-money properties, with housing units available at an average of ₹4,300 per sq ft, lower than other prominent suburbs in Chennai. The gap between this area average and the Porur market rate immediately to the north signals both the current price advantage and the direction of the longer-term trend.
Infrastructure is actively closing the gap. The long-pending project to widen the Pallavaram–Kundrathur Road from two lanes to a four-lane arterial road (approximately 6.8 km) is gaining momentum, with land acquisition begun across several villages including Pallavaram, Pammal, Anakaputhur, and Kundrathur. The upcoming Chennai Metro Phase II, connecting key locations including the Lighthouse–Poonamallee corridor, is expected to partially operate from 2026, and improved surface access from Kundrathur toward the metro network would alter commute calculus for residents in this belt considerably.
Kundrathur's well-developed social infrastructure makes it a preferred residential option for families, with schools, healthcare facilities, and retail options distributed across the broader locality. The project provides connectivity to Pammal, Pallavaram, Porur, Guindy, and Ramapuram, covering the principal employment nodes that West Chennai buyers typically need to access.
Casagrand is known for its mid-income and affordable housing portfolio and operates under a consumer brand synonymous with timely delivery, quality construction, and lifestyle-driven design. For a buyer evaluating Massimo, this brand record matters because Kundrathur remains a market where developer credibility is a genuine differentiator.
Casagrand's Kundrathur entry does not stand alone within its Chennai map. The company operates projects serving the Chromepet, Pallavaram, Pammal, Guindy, and Meenambakkam catchments — all within the same south-west orbital band. Nearby, Casagrand Majestica in Manapakkam offers 646 modern apartments with connectivity to Porur, Guindy, KK Nagar, and Valasaravakkam, and Casagrand Casamia in Pallavaram is a 22-acre Spanish-themed luxury community with over 1,300 apartments. This cluster of projects in adjacent micro-markets signals that Casagrand is building a sustained presence across the western arc of Chennai rather than executing isolated launches.
CRISIL Ratings has assigned its 'CRISIL A-/Stable' rating to the long-term bank facilities of Casagrand Premier Builder Limited, reflecting the company's established track record in residential real estate development in Chennai, supported by comfortable operating efficiency driven by healthy bookings and customer advances for ongoing projects. For a buyer purchasing an under-construction asset with a March 2028 possession target, this financial profile is directly relevant to delivery confidence.
In September 2024, Casagrand Premier filed its draft red herring prospectus with SEBI for an initial public offering, and in December 2024 the company received SEBI's final observations approving its ₹1,100 crore IPO. The company re-filed a third DRHP in December 2025, targeting a fresh issue of ₹1,200 crore. A listed entity status — if and when it materialises — would bring an additional layer of public disclosure and governance scrutiny, a relevant consideration for buyers committing to projects with two-year delivery timelines.