Appaswamy Real Estates Ltd: Company Profile, Owner, Office Address

Appaswamy Real Estates Limited is one of Chennai’s long-established real estate developers, with a history dating back to 1959. The company was founded by S. Appaswamy, who is credited by the company with being among the early developers to introduce apartment living to Chennai. Over the decades, Appaswamy has expanded from residential development into commercial property, retail and hospitality.

Today, the company is led by the Appaswamy family. Ravi Appasamy, son of founder S. Appaswamy, is the Chairman, while Rohit Ravi serves as Managing Director. The business remains particularly identified with Chennai, where it has developed projects ranging from affordable and mid-segment apartments to premium and ultra-luxury residences.

Appaswamy Real Estates Ltd: Quick Overview

The company’s official website identifies No. 3, Mangesh Street, T. Nagar, Chennai as its headquarters, while corporate-record databases list the same address as the registered office of Appaswamy Real Estates Limited.

About Appaswamy Real Estates Limited

Appaswamy Real Estates traces its beginnings to 1959, when S. Appaswamy established the business in Chennai. The company describes its founder as one of the pioneers responsible for popularising Chennai’s apartment culture at a time when independent houses were much more common.

The developer subsequently expanded into larger residential communities and township-style development in Chennai’s suburban markets. Over time, its housing portfolio widened considerably and now covers properties aimed at different segments of homebuyers.

Current and recent developments range from family-oriented residential projects to high-end homes in some of Chennai’s established neighbourhoods. Its official portfolio currently includes projects such as Avalon, Kamadhenu, Malkoha, Belmont, Skylon, Parkhouse Mews, The Broadstone, Wingfield and Altezza.

Although the Appaswamy brand dates to 1959, the present legal entity Appaswamy Real Estates Limited was incorporated on December 21, 1987. Its Corporate Identification Number is U70101TN1987PLC015210, and the company remains active and unlisted.

Who Is the Owner of Appaswamy Real Estates?

Appaswamy Real Estates is a family-promoted company rather than a business owned by an outside corporate group.

The company was founded by S. Appaswamy. Its official corporate history states that his son, Ravi Appasamy, subsequently took responsibility for expanding both the real estate and hospitality businesses and currently serves as Chairman.

The third generation of the family is represented by Rohit Ravi, son of Ravi Appasamy, who is on the company’s board and serves as Managing Director.

Therefore, the current leadership can be summarised as:

• Founder: Appaswamy
• Chairman: Ravi Appasamy
• Managing Director: Rohit Ravi
• Promoter family: Appaswamy family

Corporate records also list Ravi Appasamy and Rohit Ravi among the directors of Appaswamy Real Estates Limited.

Business Areas of Appaswamy Group

While residential property remains central to the Appaswamy identity, the wider group operates across several real estate-related segments.

Residential Real Estate

Residential development forms the core of Appaswamy’s business. Its portfolio ranges from comparatively accessible apartments to luxury residences in established Chennai neighbourhoods.

The company’s own history highlights projects across different market categories, from developments such as Splendour and The Bloomingdale to premium and luxury properties including Trellis, Capella and Clover By The River.

Commercial and Retail Development

Appaswamy has also developed commercial properties and incorporated retail spaces into some of its residential communities. Its official website lists commercial property as a separate business category and identifies Superette as its retail-space concept.

Hospitality

The group’s hospitality business began in the early 1990s with the establishment of The Residency Group of Hotels. Its hospitality footprint expanded across Chennai, Coimbatore, Karur and Puducherry, before the group entered the international hospitality market through a luxury resort in the Maldives.

This diversification means Appaswamy is more than a conventional residential builder, although real estate development continues to be its flagship activity.

Major Appaswamy Real Estate Projects

Appaswamy currently has a substantial residential pipeline in Chennai. Some prominent ongoing and ready-to-move projects displayed on its official website include:

Malkoha

Malkoha is part of Appaswamy’s newer premium residential portfolio and is positioned around high-end urban living. The project appears among the company’s current residential developments.

Altezza

Altezza is a high-rise residential project developed with a sustainability-oriented design approach. Appaswamy states that the project continues its collaboration with Singapore-based WOW Architects.

Kamadhenu

Kamadhenu is another current Appaswamy residential development and forms part of the company’s portfolio in Chennai’s established residential market.

Avalon

Avalon is listed among Appaswamy’s ongoing residential projects and is part of the company’s current development pipeline.

The Broadstone

The Broadstone appears in the company’s current portfolio and is also listed among its ready-to-move residential choices.

Parkhouse Mews

Parkhouse Mews is listed by Appaswamy among its ready-to-move developments.

Other current projects include Belmont, Skylon and Wingfield, while properties such as Navasuja and Delmar are displayed among ready-to-move options.

Appaswamy Real Estates Office Address

The official headquarters of Appaswamy Real Estates Limited is:

Appaswamy Real Estates Limited
No. 3, Mangesh Street
T. Nagar
Chennai – 600017
Tamil Nadu, India

• Phone: +91 44 2434 6333 / +91 44 2434 9090
• Customer Enquiry/WhatsApp: +91 80562 10606
• Email: info@appaswamy.com

The same No. 3, Mangesh Street address is recorded as the registered address of Appaswamy Real Estates Limited under CIN U70101TN1987PLC015210.

Appaswamy Real Estates’ Position in Chennai Real Estate

Appaswamy’s strongest distinguishing feature is its long connection with the Chennai property market. Unlike national developers that entered Chennai after establishing themselves elsewhere, Appaswamy developed its brand locally and has operated in the market for more than six decades.

The company has also progressively moved up the housing value chain. Its portfolio now encompasses conventional apartments, premium developments and ultra-luxury homes while retaining exposure to commercial and hospitality real estate.

For homebuyers, however, the strength and history of a developer should still be considered alongside project-specific factors such as RERA registration, legal approvals, construction status, possession schedule, location, price and maintenance costs.

Conclusion

Appaswamy Real Estates Limited is a Chennai-based real estate company founded by S. Appaswamy in 1959. The business is currently led by Chairman Ravi Appasamy and Managing Director Rohit Ravi, representing the second and third generations of the promoter family.

Its portfolio spans residential, commercial, retail and hospitality properties, with Chennai remaining its principal real estate market. The company’s headquarters and registered office are located at No. 3, Mangesh Street, T. Nagar, Chennai – 600017.