~ G Square Launches Phase 2 of Alchemy in Mysuru ~
Mysuru, April 24, 2025: G Square, South India’s leading real estate developer, has achieved a landmark milestone with its latest offering—G Square Alchemy, located on New Kantharaj Urs 80 Feet Road at the Rajarajeshwari Nagar Extension in Mysuru. Placing their trust in G Square, customers booked 230 out of 264 premium residential plots in Phase 1 within just 56 hours of the launch, with total bookings exceeding ₹150 crores.
The Market price of the land at Rajarajeshwari Nagar in Mysuru is Rs 7000 per Sq. feet but the G Square offered the price at Rs 4999 per sq feet has attracted the more response which has led to immediate opening of Phase 2 for sale. G Square Alchemy provides plug-and-play premium residential plots with full MUDA and RERA approvals, ensuring complete legal clarity and hassle-free ownership for homebuyers and investors alike.
Spread across 41 acres, Phase 1 of the project comprises 264 meticulously planned plots, ranging from 838 to 3,875 sq. ft., designed within a fully developed township. Residents will benefit from over 35 world-class amenities, including 24×7 security, blacktop roads, underground drainage, consistent water supply, and a modern sewage treatment facility.
Mr. Bala Ramajeyam, Managing Director, G Square Realtors, said, “The rapid sell-out of G Square Alchemy within 56 hours is a remarkable testament to the confidence customers have in our vision and quality. This shows a clear shift in buyer preference toward well-planned, legally secure, and amenity-rich plotted communities. We are truly grateful for the trust our customers have placed in us. Over 70% of customers of G Square have experienced 100% returns in the past three years. Most of the people have got their land appreciated during the pre-launch phase and truly began to see strong gains,” added Mr. Bala
Located in Rajarajeshwari Nagar, one of Mysuru’s fastest-growing residential hubs, G Square Alchemy enjoys excellent connectivity to major transit points such as the Mysuru Bus Stand, Railway Station, and Mysuru Airport. The area is well-supported by infrastructure corridors like the Outer Ring Road, New Kantharaj Urs Road, and Bogadi Road.
The region is seeing strong buyer traction from Bengaluru, Mysuru, and Chennai, owing to robust infrastructure development and rapid value appreciation. The soon-to-be-completed Kantharaj Urs Road is expected to further accelerate capital growth.
Mr. Bala Ramajeyam added, “Mysuru is fast becoming a prime investment destination, and G Square is proud to be at the forefront of this transformation. Our legacy of over 12 years, delivering more than 100 premium projects across 4,000+ acres to 15,000+ happy customers, positions us as a trusted enabler of urban expansion in South India.”
Corporate Comm India (CCI Newswire)