( from left ) Rajkumar Satchidanandam, Director, Rajparis; R Jeyakumar, Managing Director, Rajparis and R Satchidanandam, Chairman, Rajparis at a press conference to unveil the company’s new brand identity. | Photo Credit: BIJOY GHOSH

Chennai-based real estate developer Rajparis aims to become a ₹500 crore company by 2030 from the present ₹100 crore, said its Director Rajkumar Satchidanandam.

The growth will be driven by expansion, elevated construction and design standards, and deeper customer engagement. Through its allied venture, Anandam, Rajparis has already consolidated over 1 million sq ft of prime land parcels in Chennai developing lifestyle-focused residential and mixed-use communities. This land bank is worth ₹350 crore, he said.

The 45-year-old company has so far executed 111 projects in the city. It plans to expand into high-potential markets in places like Kancheepuram and Madurai, he said.

The company announced Blue Jewel, a luxury project consisting of 55 units in Muthukadu on the East Coast Road. The 3BHK residences, each spanning 2,200 sq. ft., cost upwards of ₹1.62 crore.

The company appointed actor Shruti Haasan as its first brand ambassador, stated a release.

Published on July 9, 2025