3 decades and 140 projects old KG Foundations widens its presence in the city

Announced the launch of ‘KG Centre Point’ spread across 7.2 acres of land in Chennai

Online PR News – 01-June-2012 – Chennai – Chennai, May 30th, 2012: City-based, ISO 9001:2008 certified KG Foundations Pvt Ltd, one of the most trusted and leading real-estate developer for over thirty years, today announced the launch of “KG Centre Point” housing project in Poonmallee, Chennai. This project is spread across 7.2 acres of land with 644 units of studio, two BHK and three BHK apartments ranging from 515 to 1,295 sq.ft in size. This development is to the tune of 5.5 lakh square feet. As a launch offer, the first 25 apartments will be priced at Rs. 2,999 per sq ft with apartments starting at Rs. 15.5 lakhs. The project with an investment of Rs. 100 Crores, stands at the center of all you need and yet remains tucked away from the noise and pollution of the city, ensuring you a life that is truly luxurious. Besides Chennai, the Group has its presence in Kochi with plans to expand into Trichy, Madurai and Coimbatore.

KishorKumar Gokaldas, Chairman & Managing Director, KG Foundations Pvt. Ltd, stated “As Chennai is proving to be one of the fastest growing real estate markets in India, we will continue to provide quality housing solutions here. For investors in housing, the time is ripe and the sector will witness further growth in future. KG Centre Point is the perfect balance of quality and affordability, providing the perfect opportunity for home buyers to buy world class luxury apartments at very affordable prices”.

This project is located in the perfect spot between the urban city and lush greenery at the confluence of the golden triangle that is Poonmallee – Sriperumbudur – Orgadam. KG Centre Point offers easy access to the industrial areas of Porur, Poonamallee and Anna Nagar. This verdant residential enclave is situated near the Chembarambakkam Lake and surrounded by premium schools, colleges, shopping, entertainment, hospitals and MNC industries. KG Centre Point offers excellent connectivity to GST Road, Porur, Tambaram, OMR and Annanagar and close proximity to new Greenfield International Airport in Sriperumbudur. This is designed to offer pollution free environment with a truly luxurious life. The project offers lifestyle amenities like a 9,000 sq ft. club house, a swimming pool, jogging track, temple, basketball hoop, open air amphitheater, multi - purpose play courts, well equipped gymnasium, health club with a jacuzzi and sauna and more to enhance the community living and neighbourly spirit. It also offers 63% of open space and verdant greenery.

Mr. Haresh Kishor, Director, KG Foundations Pvt. Ltd, said “KG Centre Point is a modern gated residential enclave and provides apt solutions for all your housing and social needs. It is designed aesthetically and ensures a life-style that is truly luxurious. Till date, KG has successfully developed over 140 projects with another 8 million sq ft of both residential and commercial properties in the pipeline. Every project of ours is a landmark in its own right and stands testimony to the long-standing strong bond of trust and confidence we enjoy with our customers”.

About KG Foundation Pvt. Ltd.
Established in 1980 by Kishore Kumar Gokaldas and over the last 30 years, KG, has contributed to the rapid development in Chennai City by creating world class residential and commercial spaces that have turned this small metro into one of India's most sought after real estate destinations. The firm commitment to design buildings that are aesthetically and visually superior along with quality standards that are on par with international projects has helped us create landmarks across Chennai and Kochi. With over 140 completed residential and commercial projects and over 5,000 satisfied customers and corporate clients, we are one of the first builders in Chennai to win an ISO 9001:2008 certification. KG has a development pipeline of over 8 million sq. ft. of residential, commercial and hospitality space in Chennai and Kochi in addition to 10 million sq.ft. that will be developed over the next 3 years.
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