Long before L&T Realty formalised itself as a standalone residential brand in Chennai, the Larsen & Toubro name was already on the ground in Siruseri. Eden Park, a 92-acre integrated township beside the SIPCOT IT Park, carries the L&T name and was developed in partnership with Pragnya Group, a real estate investment firm established in 2003 that backs growth-stage developers.
The township comprises 14 towers of up to 20 floors with 1,654 units, offered as 1, 2 and 3 BHK apartments ranging from 580 to 2,210 sq ft. Phase 1 was completed and handed over on schedule, and demand from phase 1 owners, a large share of them NRIs and IT professionals, fed directly into the launch of phase 2, whose possession followed in December 2023. It sits connected to Vandalur Kelambakkam Road and Old Mahabalipuram Road, giving residents access to the city's major hotspots.
The clearest sign of how embedded L&T became in Siruseri is not a tower count but a classroom. As an initiative of Padma Seshadri Bala Bhavan's golden jubilee, the school and L&T together started a PSBB campus at Siruseri, inaugurated on 20 June 2011 with classes from Pre-KG to Std V and a strength of 170 students. That campus, still listed as PSBB School, L&T Eden Park Township, Siruseri, gave the developer's township a social anchor that most single-phase residential launches never acquire, and it is one reason Eden Park continues to be cited as a family-oriented address on this stretch of OMR.
In 2023, L&T Realty announced a complete sell-out of Phase 1 of Avinya Enclave in Manapakkam, its first residential project under the current L&T Realty brand in Chennai, a seven-acre development whose first phase comprised four towers and 500 apartments across 2, 3 and 4 BHK configurations priced from Rs 90 lakh. CEO & MD Shrikant Joshi called it a mark of honour to launch the brand's first residential project in the city. That Manapakkam launch, anchored by proximity to a proposed metro station and to L&T's own campus, shows the same site logic the group applied a decade earlier at Siruseri: pick a location tied to an established employment cluster, in this case an IT park with tens of thousands of jobs, and build a scale of community large enough to justify its own social infrastructure. L&T Realty's current portfolio spans Mumbai, Navi Mumbai, Bengaluru and Chennai, and its Siruseri and Manapakkam addresses bookend the developer's approach to the city, one built around an established IT hub on OMR, the other around the group's own corporate campus.
SIPCOT developed an IT park on 1,000 acres of land at Siruseri village, positioning it as the largest IT park in South India, about 35 km down OMR from Chennai city. The park today houses more than 100 companies including TCS, Cognizant, HCL, Infosys and Capgemini, and it has played a major role in fueling housing demand, along with other IT campuses along OMR. With its 700-plus-acre IT park, Siruseri has become the logical endpoint of the OMR corridor, which itself runs roughly 45 km from Madhya Kailash in Adyar down to Siruseri SIPCOT.
Connectivity has kept pace with the job base. A direct six-to-eight lane carriageway connects Siruseri north to Sholinganallur and south to Kelambakkam and beyond, while NH-45 at Potheri Junction gives swift access to the airport and Chengalpattu. Chennai Metro's Corridor 3 (Madhavaram-SIPCOT) and Corridor 5 both terminate at or pass through Siruseri SIPCOT, expected to bring a rapid-transit line with a Siruseri station between 2026 and 2028.
Anarock Research recorded a 36 percent surge in property values in Siruseri between 2018 and 2024, with more than 3,500 residential units launched in that period. Between 2021 and 2025, plots that traded at Rs 3,500-4,500 per sq ft rose to Rs 6,000-8,000 per sq ft, a 71-77 percent appreciation over four years, with analysts forecasting prices crossing Rs 9,000 per sq ft by 2028. The micro-market has moved from a villa-dominated area to a mid-end mix of independent villas, builder floors and apartments as population has grown, which is the same buyer base, IT professionals wanting to cut commute time and investors chasing rental yield, that township-scale developments like Eden Park were built for.
Larsen & Toubro was founded in 1938 in Mumbai by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro, and grew over the following decades into one of India's largest engineering and construction conglomerates, publicly listed on the NSE and BSE. L&T Realty operates as the group's dedicated real estate arm, carrying that engineering-led discipline into master-planned residential and commercial development. In Chennai, that has meant two distinct chapters on the same corridor: an early, campus-anchored township at Siruseri built alongside a school partner, and a formally branded residential debut a decade later at Manapakkam. For a buyer evaluating Siruseri today, that history matters because it shows the group treating the address as a long-term proposition rather than a single-cycle launch, backed by a parent with an eight-decade construction record and a real estate arm now active across Mumbai, Navi Mumbai, Bengaluru, Hyderabad and Chennai.