Categories: Press Release

KG Builders launches KG Good Fortune at Perumbakkam

195 magnificent luxury homes comprising of 1,2 & 3 BHK apartments

Located off the Medavakkam – Sholinganallur link road, in close proximity to the Medavakkam junction.

Chennai, August 21, 2014 : KG Foundations has announced the launch of their new project “KG Good Fortune” at Perumbakkam, 3 kms from the Medavakkam junction. The project is one of its kind with world class amenities, designed aesthetically with maximum utilization space.

It consists of 5 blocks, spread across 2.88 acres, with over 195 luxury homes comprising of 1,2 & 3 BHK apartments ranging from 525 to 1580 sq.ft with over 16 world class indoor and outdoor amenities such as 

gymnasium, games room, business centre, crèche and convenient stores to name a few.

Ranked among the top 10 fast appreciating investment destinations in India as per Knight Frank, KG Good Fortune is located in Perumbakkam which is one of the fastest growing localities in Chennai, in close proximity to the fast developing areas of Sholinganallur on OMR, Medavakkam and Tambaram on GST, it is well connected through the Velachery – Tambaram road, the Medavakkam – Sholinganallur road and OMR, with excellent connectivity through bus services and other forms of public transportation. The proposed Vandalur – Velacherry monorail network is also expected to further improve connectivity.

Located a stone’s throw away from SIPCOT IT Park, Asia’s largest IT hub and other IT giants such as TCS, CTS, Wipro and Mahindra Sathyam with easy access to fresh potable water, world class health care in Global Hospital and surrounded by schools, colleges and entertainment centres ensuring a high quality standard of living.

Ranked as one of the fastest appreciating locations in India, apartments values are expected to double over the next 4-5 years.

Speaking on the launch, Mr. Haresh Kishor, Director, KG Foundations P Ltd said “Special care has been taken in building KG Good Fortune ensuring plenty of natural light and ventilation to its residents. The homes are built to channelize fresh air flow through the building – the wind tunnel effect being enhanced by the planning of open-ended corridors. High priority has been given to cross ventilation (a necessity in the tropical Chennai climate) which also allows for energy conservation. Its central location, proximity to IT Companies, Schools and colleges has made it one of the fastest appreciating location in India with apartment values expected to almost double over the next 4-5 years”

The Pricing

2 BHK Compact 525 –1150 sft. Rs. 25 lakhs onwards

2 BHK 875 – 1175 sft. Rs. 42.5 lakhs onwards

3 BHK 1085 – 1580 sft. Rs. 52 lakhs onwards. CCI Newswire

The Property Times News Bureau

Recent Posts

Alumil India Designs State-Of-The-Art Fenestration  Solutions For Nagpur’s Landmark High-Rise Residential Project

Mumbai, August 04, 2026: Alumil India, the fully-owned Indian subsidiary of Alumil Group, has successfully executed its…

8 hours ago

Pichwai Art for Contemporary Walls by WallKalakar’s

New Delhi, July 31, 2026: Led by Wallpaper Designer T.C. Mathur, WallKalakar's latest Pichwai Collection…

4 days ago

Nominations Invited for Adoni Lifetime Achievement Awards 2026

Hyderabad, July 13, 2026: The Khazi India Foundation has formally invited nominations for the prestigious…

3 weeks ago

CREDAI Pune Launches Site Safety Audit Initiative to Strengthen Construction Site Safety

Maharashtra, July 06, 2026: Reinforcing its commitment to worker welfare and responsible construction practices, CREDAI Pune,…

4 weeks ago

Khazi Altaf Hussain’s “A Life in Many Frames” Honoured with TRI Literary Awards – Season 5 Nomination

Hyderabad / New Delhi, July 07, 2026: In a moment of immense pride and literary…

1 month ago

Beyond Squarefeet Strengthens Leasing Leadership with CA Himesh Vasani’s Appointment Mumbai, July 03, 2026: Beyond Squarefeet, one of India’s leading shopping mall advisory & Management firm, today announced the appointment of CA Himesh Vasani as Assistant Vice President – Leasing, reinforcing its commitment to strengthening its leadership team as it continues to expand its Mall advisory and leasing portfolio across the country. A qualified Chartered Accountant, Himesh brings over 28 years of professional experience, including an illustrious 19-year tenure with Reliance Retail, where he played a pivotal role in one of India’s largest retail expansion journeys. During his tenure, he contributed to scaling the retail network to more than 18,000 stores across multiple formats while leading key real estate acquisition, commercial, and process optimisation initiatives. Himesh is recognised for combining commercial insight with strategic execution across complex real estate projects. Throughout his career, he has led large-scale acquisition initiatives, negotiated high-value commercial transactions, and worked closely with developers, retailers, and cross-functional teams to support the expansion of retail infrastructure across India. His expertise in commercial strategy, stakeholder management, and operational excellence has consistently enabled the successful execution of complex real estate and expansion projects. In his new role at Beyond Squarefeet, Himesh will add to the leasing strategies across the company’s growing portfolio, working closely with retailers & developers to accelerate expansion goals and create long-term value for clients. His expertise in commercial negotiations, market assessment, financial evaluation, due diligence, and relationship management will further enhance Beyond Squarefeet’s ability to deliver strategic, value-driven leasing solutions. Commenting on the appointment, Susil S. Dungarwal, Chief Mall Mechanic®, Beyond Squarefeet, said: “We are delighted to welcome Himesh to Beyond Squarefeet. His extensive experience in real estate acquisitions, commercial negotiations, and retail expansion makes him a valuable addition to our team. His ability to combine commercial expertise with strategic thinking will be instrumental as we continue to build future-ready Shopping Malls and create long-term value for our developer and retail partners. We are confident that his leadership will further strengthen our leasing capabilities and support the next phase of our growth journey.” Expressing his enthusiasm on joining the Shopping Mall Specialists, CA Himesh Vasani said: “Beyond Squarefeet has built a strong reputation for delivering innovative retail-realestate solutions and creating value for developers and brands alike. I am excited to join the organisation at such an exciting phase of growth and look forward to working with the talented team to deliver impactful leasing solutions, build lasting client relationships, and contribute meaningfully to the company’s long-term vision.” The appointment reflects Beyond Squarefeet’s continued investment in experienced leadership as the company expands its presence across India’s evolving retail real estate landscape. With increasing demand for organised retail, mixed-use developments, and experiential shopping destinations, Beyond Squarefeet remains committed to delivering strategic advisory and leasing solutions that create sustainable value for developers, investors, and retail brands.

New Delhi, July 03, 2026: Beyond Squarefeet, one of India's leading shopping mall advisory &…

1 month ago