Kolapakkam, on the south-western edge of Chennai near Perungalathur, is where TVS Emerald built one of its largest single land holdings in the city: an 18-acre township developed under the GreenAcres name. GreenAcres offers villas crafted to match residents' lifestyles across an 18-acre community, with 63% open area and 37% built area. The project has been built out in phases since the late 2010s, starting with villas and later adding apartment blocks under the Atrium sub-brand, making it one of the longer-running, multi-phase developments in the TVS Emerald portfolio.
The villa phases at GreenAcres carry Tamil Nadu RERA registrations dating back to 2017, including RERA Number TN/01/Building/0276/2018 for a later villa phase, with earlier phases registered under separate numbers the same period. The 2 BHK apartments in the project range from 580 sqft to 1147 sqft, spread over an area of 18.00 acres. As demand grew, TVS Emerald added the Atrium apartment block within the same township. TVS Emerald Atrium comprises 256 units and is a RERA approved project with RERA number TN/01/Building/0194/2021. Amenities at Atrium include a fully equipped clubhouse, a 10,800 sq.ft central atrium, landscaped gardens, gymnasium, swimming pool, recreation rooms, an indoor gaming area, a mini-theatre, outdoor sports courts, children's play area and 24/7 security. Address records place the development at Gandhi Road, Kolapakkam, Chennai, Tamil Nadu 600048, with the broader township also referenced along the Perungalathur–Kolapakkam Main Road.
TVS Emerald's choice of Kolapakkam tracks the locality's road and institutional connectivity rather than any single landmark. The GreenAcres site sits roughly 400 metres from the Vandalur-Kelambakkam Road and the Kolapakkam bus stop, about 5 km from Vandalur and Perungalathur railway stations, and around 19 km from Chennai airport. Just 7 km from Tambaram, GreenAcres is located close to schools, colleges and important company offices, with efficient road and rail connectivity available. The developer also leaned on the site's position relative to employment clusters: strategically situated behind the Gateway IT SEZ, GreenAcres offers ease of access to both the OMR IT corridor and the Sriperumbudur and Oragadam industrial estates. Locality data corroborates this framing — Gerugambakkam Main Road and Pallavaram Road are the two major arterial roads passing through the area, connecting it further to Kundrathur Main Road (SH 113) and Chennai Bypass Road (NH 32) — reinforcing why a developer targeting working professionals commuting to west and south Chennai chose this pocket over more saturated OMR addresses.
GreenAcres was not a standalone bet for TVS Emerald in this part of the city. TVS Emerald is the TVS Group's real estate division, operating as Emerald Haven Realty Limited, founded in 2012 on the same trust, value and service principles associated with the TVS Group for over a century. The TVS Group itself is one of India's leading business houses, with over 50 group companies, 50,000 employees, an annual turnover exceeding USD 8.5 billion, and roots going back to T. V. Sundaram Iyengar's founding of the group in 1911 at Madurai. Within Chennai, TVS Emerald has scaled up its own delivery base: the company has completed six projects in the city, totalling nearly 2 million square feet of residential space, spanning locations from Perungalathur and Manapakkam to Pallavaram. Elsewhere in the city the developer has pushed further up-market — it launched Elements in July 2023, described as the biggest real estate launch in Chennai in a decade, and launched Luxor in October 2023, marking its entry into the luxury segment with a project behind VR Mall featuring 3 and 4 BHK apartments — giving buyers in a value-led township like GreenAcres visibility into the same developer's higher-tier Chennai work.
Kolapakkam itself has moved from a quiet village panchayat to an active residential micro-market. Kolapakkam is a residential locality in the south-western parts of Chennai, approved by the Chennai Metropolitan Development Authority in 2000. Pricing data shows a market still finding its footing after a strong run-up: flat prices in Kolapakkam are in the range of Rs 4,650-7,200 per sq ft, with land rates around Rs 5,500-8,550 per sq ft, and an average flat rate near Rs 6,250 per sq ft, while over a longer horizon flat rates have changed by 4.2% over three years, 30.2% over five years and 38.9% over the last decade. Land has appreciated faster still, with land rates up 48.1% over three years and 162.3% over ten years. On the ground, residents point to proximity to Chennai International Airport and IT hubs such as DLF IT Park, Lords Tower, ESPEE IT Park, Commerzone, Ascendas IT Park and Prince Info Park as a plus point driving residential demand, with a fair share of the workforce wanting to live near these workplaces. Social infrastructure has filled in alongside the housing stock: schools such as Annai Theresa Matric School, Velammal Bodhi Campus CBSE School and Rainbow Play School, hospitals including Kanaga Hospital, Annai Grace Hospital and MIOT International, and shopping options such as Forum Vijaya Mall are among the amenities in and around the locality. For a buyer evaluating TVS Emerald in Kolapakkam, this is the backdrop that supports the township's positioning: an established, RERA-registered, multi-phase project from a century-old business house, sited in a locality whose road connectivity and IT-linked demand base have been building for over two decades.
