Casagrand Premier Builder Limited is an Indian real estate developer headquartered in Chennai, Tamil Nadu, established in 2003. From its first project in Thiruvanmiyur in 2004, the company has methodically built density across Chennai's southern corridors. In Chennai, Casagrand homes can be found in a number of localities, including OMR, ECR, Mogappair, Anna Nagar, Madhavaram, Korattur, Sholinganallur, Poonamallee, Manapakkam, Medavakkam, Pallavaram, Oragadam, and Thalambur. Sholinganallur, however, is the micro-market where the developer has returned most persistently — and at the largest scale.
Casagrand Premier Builder holds a market share of approximately 24% in terms of launches and approximately 20% in terms of demand in Chennai during the period January 2017 to March 2024. As of early 2026, the company has delivered 103 completed projects encompassing 21.79 million square feet of saleable area, and currently has 57 ongoing projects spanning 44.10 million square feet of saleable area. That scale, built over two decades in a single city, gives Casagrand a depth of local execution that is legible at the neighbourhood level — and Sholinganallur sits near the top of that record.
Casagrand's footprint in Sholinganallur spans multiple completed and ongoing projects, not just one. Casagrand Royale, located on ELCOT Avenue in Sholinganallur and spread across 7.2 acres with 507 units, is a sold-out completed project — an early demonstration that the developer's product could absorb well in this market. Casagrand FirstCity, a 15-acre development in Perumbakkam–Sholinganallur with 1,693 units offering 2 BHK apartments, reached near-complete sellout and is now ready to occupy. Both projects established Casagrand's ability to deliver township-scale inventory in the OMR belt.
The current active project in this locality — Casagrand HolaChennai — represents the developer's most ambitious move in Sholinganallur yet. In May 2024, Casagrand launched Casagrand HolaChennai, a 30-acre township in Sholinganallur (OMR), Chennai, with 1,818 homes comprising apartments and villas. The project received the 7th Edition Golden Bricks Award for "Developer of the Year" and "Most Amenities Project of the Year."
HolaChennai is described as an exquisite contemporary community of 1,818 elegantly designed homes featuring premium 2, 3, and 4 BHK apartments, signature 4 BHK villas, and floor villas, spread across 30 acres in Sholinganallur. The layout prioritises open space to a degree unusual even for large-format projects in this corridor. The project features 23 acres of lush greenery to maximise natural light and ventilation, along with 8 acres of vehicle-free landscaped podiums for outdoor leisure and recreation.
The township offers 160-plus amenities, including two swimming pools totalling 26,200 sq ft of pool area, with poolside facilities and double-height lobbies in both the apartments and the clubhouse. Recreational infrastructure includes a football ground, cricket pitch, billiards, indoor games, a golf course, squash court, table tennis, and volleyball court.
In terms of size and price, the project spans a wide range of buyer profiles. Unit sizes range from 1,005 sq ft for a 1 BHK to 2,532 sq ft for a 4 BHK. Pricing runs from ₹76 lakh to ₹3.21 crore across the 2, 3, and 4 BHK apartments, floor villas, and villas. The project carries RERA registration number TN/29/Building/0352/2024, with possession targeted by December 2028.
Casagrand's repeated return to Sholinganallur is not incidental. As of 2026, Sholinganallur stands as a premier live-work-play destination, characterised by a high concentration of tech parks and the expansive ELCOT SEZ, which houses global companies including Wipro, HCL, and Cognizant. Sholinganallur has become a significant IT hub for Chennai, with major IT companies and a workforce of around 2 lakh employees located in this region. That employment concentration creates sustained, non-speculative housing demand — exactly the end-user market that Casagrand's mid-range-to-premium product is calibrated for.
The area has ELCOT SEZ, SIPCOT SEZ, and other IT corridors located just minutes from the project site. Chennai International Airport is approximately 10 minutes away, with the upcoming Sholinganallur Metro station projected at around 3 minutes from the project.
The metro dimension matters. Chennai Metro Rail Phase II Corridor 5, running from Madhavaram to Sholinganallur across 47 kilometres, is being built with a ₹68,180 crore investment and is expected to be completed by 2026. Areas directly within 500–800 metres of operational stations — especially along the Sholinganallur corridor — are likely to see 8–15% higher price appreciation than nearby non-metro pockets.
South Chennai continued to lead the city's sales growth, accounting for 57% of total transactions. Key micro-markets in this zone, including Sholinganallur (OMR), experienced 5–12% price growth. In 2024, approximately 15,000 new residential units were launched across Chennai, with key micro-markets like Sholinganallur accounting for a significant portion of those developments.
2024 was one of the strongest years for Chennai real estate, with significant demand in IT corridors and residential hubs, and average city-level prices crossing ₹7,000 per sq ft, with price movement of +6% to +8%. In 2025–2026, continued momentum with stable absorption and premium housing in well-connected suburbs performed better, with price movement of +5% to +7%. IT corridors such as OMR, Perungudi, and Sholinganallur are generating rental yields of 3–4% annually.
Casagrand selects Sholinganallur in part because the social infrastructure is already in place. The area's educational offer includes Sathyabama University and Babaji Vidyashram, alongside world-class healthcare at Gleneagles Global Health City. Apollo Hospital is approximately 3.6 km from the project site, and Sathyabama University is around 4 km away. Retail and dining options include OMR Food Street and proximity to Vivira Mall.
In 2024, Casagrand's subsidiary received approval from SEBI for an initial public offering. In September 2024, Casagrand Premier filed its Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹1,100 crore through that IPO. The IPO filing process required the company to publicly disclose detailed financial, operational, and project-level data, which provides a level of documented transparency beyond what most private developers offer buyers.
Casagrand has developed in-house capabilities for every stage of the project development life-cycle, from identification and acquisition of land parcels through designing, planning, construction, marketing, and sales, culminating in project delivery. That vertical integration — relevant in Sholinganallur where project timelines are watched closely by IT-sector buyers — is a structural feature of how the developer operates, not a project-specific claim.