Casagrand

Casagrand is a Chennai-headquartered real estate developer founded and led by Founder & MD Arun MN, with ~22 years of operations across South India. The group has delivered large residential and villa projects and is known for amenity-rich townships (e.g., Casagrand Suncity, Colosseum, GS Infinity). Senior leadership includes Deputy MDs Sathish CG and Siva Sankar Reddy; the company is scaling geographically (Chennai, Bengaluru, Hyderabad, Coimbatore, Pune) and preparing for an IPO to improve leverage.

Founded in 2003, Casagrand has ~22 years of operating history, evolving from a small 5-person startup to a developer with completed ~26 msf and ongoing ~30.1 msf of saleable projects. The company expanded beyond Chennai into Bengaluru, Hyderabad and Coimbatore while growing its workforce and subsidiaries.

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Developer Projects

Primarily residential (apartments, villas, gated townships) with premium amenity-led positioning — projects range from affordable-to-luxury (2–5 BHK, penthouses, floor villas) across major South Indian cities; selective diversification into commercial/warehousing (Spaceintell) and facility management (PropCare). Many flagship projects emphasize large open spaces and club-style amenities.

Casagrand SuncityResidential Community | Apartment

ChennaiKelambakkam-Vandalur

Casagrand FlamingoResidential Community | Apartment

BangaloreHSR

Casagrand EvonResidential Community | Apartment

HyderabadKompally

Casagrand CaladiumResidential Community | Apartment

PuneUpper

Casagrand HighlineResidential Community | Apartment

CoimbatoreTrichy

Casagrand ColosseumResidential Community | Apartment

ChennaiKeeranatham

Casagrand GS InfinityResidential Community | Apartment

HyderabadAttapur

Casagrand Orchards Villa - PH IIResidential Community | Villa

Coimbatore

Casagrand CelestResidential Community | Apartment

Chennai

Casagrand Palm SpringsResidential Community | Apartment

ChennaiEast

FAQ

Who are the owners ?

Arun MN — Founder & Managing Director (founder, strategic head)
Sathish CG — Deputy Managing Director (oversees resale & rental business SARA and strategic initiatives)
Siva Sankar Reddy — Deputy Managing Director (oversees non-residential businesses: Commercial, Spaceintell, School, Hospitality, Propcare)

Key board/advisors and senior support:

Akshay Dewani (Avenue Venture Partners) — Advisor
G. Chella Krishna — Advisor
C.K. Kumaravel — Advisor

Notable institutional investors/partners associated historically: Motilal Oswal, Edelweiss, L&T Finance (listed as strategic investors/financial partners).

When was the company founded ?

Casagrand was founded in 2003. As of 2025 it has about 22 years of experience in real estate development.

Is this a public company ?

No — Casagrand (flagship entity: Casagrand Premier Builder Limited) is not yet a publicly listed company. The company has progressed toward an IPO: a Draft Red Herring Prospectus (DRHP) process was completed and SEBI interactions occurred in 2024–25, with IPO management by JM Financial and Motilal Oswal. Financial highlights: ICRA rating BBB+ (Stable); planned IPO expected to reduce leverage and improve liquidity if executed.

Which are the builder's popular projects ?

Casagrand Suncity (Chennai, Kelambakkam–Vandalur Road): Large township-style project with 2/3/4 BHK units (1,787–2,689 sq.ft.), 130+ lifestyle amenities including a 2-acre clubhouse and 32,000 sq.ft. pools; price range ~₹67 L to ₹1.46 Cr.
Casagrand Colosseum (Chennai, Keeranatham): Large integrated development across ~18 acres with 805 units including 2/3/4 BHKs, floor villas & penthouses; prices ₹97 L to ₹3.67 Cr.
Casagrand GS Infinity (Hyderabad, Attapur): 405-unit project across ~4.8 acres offering 3/4/5-BHK options and premium amenities; prices ~₹1.95 Cr to ₹3.09 Cr.
Casagrand Flamingo (Bengaluru, HSR Layout): 3/4 BHK apartments (1,700–2,443 sq.ft.), launched Oct 2023 with possession from Jul 2026; ~65+ amenities targeted at family/upper-mid market.
Casagrand Promenade (Bengaluru, Yelahanka): Large-residence project emphasizing open space (~66%), a 13,000 sq.ft. clubhouse and 65+ amenities.
Casagrand Windsor Court (Hyderabad, Mankhal): Premium 4 BHK villa project (21 units) targeted at luxury buyers (₹4.41–5.51 Cr).

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