Grand Housing Limited IPO

Grand Housing Limited is a real estate developer in India primarily focused on plotted developments in the State of Tamil Nadu, particularly in and around Chennai. The company acquires parcels of land, develops basic infrastructure including roads, power connections, sewage and water supply, and sells residential and industrial land plots to homeowners and enterprises. Residential plots typically range from 600 to 2,400 square feet and are priced between ₹1,500 and ₹5,000 per square foot, while industrial plots range from 2 to 9 acres priced at ₹5 million to ₹30 million per acre. Operations are strategically located across key growth corridors of Chennai, the second-largest state economy in India. As of March 31, 2025, the company had completed 39 projects, had 13 ongoing projects and 7 upcoming projects.