Embassy Group's presence in Perumbakkam is anchored by Embassy Residency, the developer's flagship residential address in this South Chennai locality just off the Old Mahabalipuram Road corridor. Embassy Group is an Indian real estate developer based in Bengaluru, established in 1993, headed by Jitu Virwani, Chairman and Managing Director of the group. Founded in 1993, the group's operations now span 22+ cities, including Bengaluru, Mumbai, Delhi NCR, Chennai, and Pune, amongst others. Perumbakkam is one of the localities where that pan-India platform meets a specific South Chennai micro-market shaped by IT employment along OMR.
Embassy Residency is a 25-acre integrated township in Chennai's IT corridor, offering 2400+ ready-to-move-in homes with a 15-year maintenance guarantee by Embassy Services. With 70% open spaces, world-class amenities like a clubhouse, swimming pool, gym, and senior-friendly features, it creates a vibrant community for all ages. It is located adjacent to Global Hospital and NPS International School and minutes from OMR, Medavakkam, and Chennai Airport. The project's first phase reached the market between 2018 and 2019, and Embassy has since worked on adding further residential phases on the same landholding, with unit configurations spanning 2 and 3 BHK layouts. Construction of the original phase began in 2010, and it has been ready to move into since December 2017.
The township sits within a stretch of Perumbakkam that has drawn attention from several branded developers because of its position relative to the ELCOT and Sholinganallur SEZ clusters. For Embassy, a developer whose reputation was built on large, amenity-dense business parks and integrated communities in Bengaluru, Perumbakkam's scale — large, contiguous land parcels close to an established IT catchment — fits a template the group has repeated in other cities.
Embassy Group's interest in Chennai is not limited to Perumbakkam. In 2016, the group extended its commercial reach into the city through a Special Economic Zone project. Embassy Group received approval from the Board of Approval to act as exclusive Co-Developer for the Notified SEZ at Chennai, previously known as SNP Infrastructure Private Limited, on the Thoraipakkam-Pallavaram radial road, known as Embassy Splendid TechZone. That park is strategically located less than 4 km from Chennai airport, easily accessible from both OMR and GST roads, and served by Pallavaram and Velachery railway stations. The park has since scaled considerably: it is a 5.0 msf campus-style office park spread over roughly 26 acres, with 1.4 msf of completed area, 1.6 msf under construction and 2.0 msf of future development potential. In 2024, Embassy Office Parks REIT — the first listed REIT in India and Asia's largest office REIT by area — moved to bring this Chennai asset into its own portfolio, and Embassy REIT today owns and operates a 51.2 million square foot portfolio of office parks and city-centre buildings across Bengaluru, Mumbai, Pune, NCR and Chennai.
The group also operates further from the city core. Embassy Industrial Park, Sriperumbudur is located strategically along National Highway 4, the Chennai-Bengaluru Highway, close to the developed industrial hubs of Sriperumbudur and Oragadam, home to companies such as Hyundai, Saint-Gobain, Daimler, Renault-Nissan and Lenovo. Taken together, Embassy's Chennai activity spans office parks, an SEZ campus, an industrial park, and residential development — with Perumbakkam representing the group's principal foothold in the city's housing market.
Embassy's residential projects elsewhere have tended to favour large land parcels capable of supporting integrated, self-contained communities rather than single towers — a pattern visible in premium living spaces such as Embassy Boulevard, an uber-luxury gated community, and Embassy Lake Terraces. Perumbakkam offered the kind of contiguous acreage this approach needs, at a price point considerably below Chennai's established IT-corridor addresses.
The locality's core draw for any developer building near OMR is proximity to employment. Perumbakkam sits near Chennai's prominent IT corridors, including Sholinganallur and Siruseri, which host tech parks and multinational corporations such as TCS, Infosys, HCL and Cognizant. Sholinganallur has one of the biggest advantages of being located on OMR, Chennai's busy IT corridor, and it sits only a short distance from Embassy Residency. This employment base is what converts a large residential township into sustained end-user demand rather than speculative buying.
Perumbakkam's transformation from a quiet suburb into an active residential pocket has tracked the growth of OMR itself. The area has developed from a quiet residential area to an active residential area over the last few years, attributable to the growth of the IT corridor between OMR and the IIT campus, where many workers wanted to live near their place of employment. It is well-connected to Velachery-Tambaram Road, Medavakkam Main Road and other arterial routes that provide easy access to GST Road and the IT corridor along OMR.
Pricing remains one of Perumbakkam's structural advantages relative to more mature OMR neighbourhoods. Prices are still meaningfully below mature OMR neighbourhoods like Sholinganallur and Medavakkam — buyers get comparable proximity to the IT corridor at a 15–20% discount. Flat prices in the locality have risen approximately 6% in the last year and over 20% in the last three years, signalling real demand rather than speculation. The next catalyst is transit. Chennai Metro Phase 2 has a dedicated Perumbakkam station planned on Corridor 3, Madhavaram–SIPCOT, alongside a Global Hospital station and an Elcot station in the same stretch.
Social infrastructure has kept pace with residential growth. Over time the area has developed comprehensive social infrastructure including schools, hospitals, supermarkets and convenience stores that make it easy for residents to access services. A multi-specialty hospital and an international school sit directly adjacent to Embassy's own township, reinforcing the self-contained character the group typically designs for.
A buyer looking at Embassy Group in Perumbakkam is effectively weighing a Bengaluru-headquartered, three-decade-old developer's execution model against a Chennai suburb that is still completing its transition into a mature OMR address. Embassy's residential projects are designed to achieve IGBC Green Home Gold or Platinum ratings, with the commercial portfolio anchored by developments such as Embassy Tech Village, India's first Platinum LEED-certified IT SEZ. That sustainability standard, combined with Embassy Services managing the property post-delivery, is part of what the group brings to a locality where a RERA-registered 2BHK in a gated community with a clubhouse is available at a price point that would buy only a studio in Velachery.
