CASAGRAND KOLATHUR — New Project Coming Up in Kolathur, Chennai
Casagrand Kolathur: A New Residential Launch in North Chennai
Casagrand Premier Builder Limited, an Indian real estate developer headquartered in Chennai, Tamil Nadu, established in 2003, has announced a new residential project in Kolathur, a developing residential locality in north-west Chennai. The project, CASAGRAND KOLATHUR, will comprise 544 units across 6.7 acres, with pricing starting from Rs. 89 lakhs.
Location and Connectivity
Kolathur is a developed neighbourhood located in the northern part of Chennai, India, and is one of the fastest-growing localities in Chennai. Kolathur is a stable, end-user-driven residential market in North-West Chennai, valued for its affordability, railway connectivity and proximity to Anna Nagar.
The area is also close to major transportation hubs like the Villivakkam Railway Station, and as part of the phase II extension of the Chennai Metro, a metro station is planned to be built there. The crucial five-kilometre underground section will feature metro stations at Kolathur Junction, Srinivasa Nagar, Villivakkam Metro, Villivakkam Bus Terminus, and Villivakkam MTH Road.
Basic amenities like affordable housing, good transportation, well-equipped hospitals, schools, and shopping arenas make this neighbourhood a well-planned and most sought-after residential area by the middle class.
Developer Background
Casagrand launched its first project, Casagrand Srishti, in Thiruvanmiyur in 2004, and delivered its first completed community, Casagrand Rivera, in 2006. Over the following two decades the business scaled to over Rs 2,000 crore in annual revenue, building a workforce that today numbers in the thousands across its project sites and corporate offices.
Per the CBRE Report cited in Casagrand's public filings, the company held approximately 25% of Chennai residential launches and approximately 18% of residential demand from January 2017 to June 2025 — the largest share of any single developer in the city during that period.
Market Position in Kolathur
Property values are appreciating steadily at roughly 7-9% year-on-year, supported by infrastructure upgrades, storm-water drainage improvements, commercial growth along the Inner Ring Road and future metro prospects. Apartment rates typically range from ₹7,000 to ₹11,000 per sq. ft., while independent houses command a premium at ₹9,000 to ₹13,000 per sq. ft. With strong owner-occupancy, consistent rental demand from families and professionals, and a lower entry cost than premium Chennai localities, Kolathur remains a dependable choice for first-time homebuyers and long-term, stability-focused investors rather than speculative buyers.