6 days ago
G Square Denies Parandur Interests and Political Links
G Square Housing is a real estate company based in Chennai.
Its name came up during an argument in the Tamil Nadu Assembly about a proposed airport at Parandur.
Some political leaders alleged that the company had land interests near Parandur and links to the DMK.
G Square’s founder, Bala Ramajayam, denied both claims.
He said nobody connected to the company or his family owns land in Parandur or nearby areas.
The company asked the Assembly Speaker to remove the references from official records.
It also asked those making the claims to provide evidence.
G Square said it may consider legal action after the Speaker responds.
G Square Housing asked the Tamil Nadu Assembly Speaker to remove references to the company from House records.
Founder and managing director Bala Ramajayam denied political affiliations and any land ownership in Parandur or nearby areas.
The company challenged allegations of links to DMK and Stalin’s son-in-law Sabareesan.
The allegations were raised during an Assembly dispute involving the Parandur airport project.
G Square said it would consider legal action after receiving the Speaker’s response.
- Who
- G Square Housing, its founder and managing director Bala Ramajayam, and Tamil Nadu political leaders including Nirmal Kumar and Aadhav Arjuna.
- What
- G Square denied political affiliations and business or land interests in Parandur, and asked the Assembly Speaker to remove references to the company from House records.
- Where
- The dispute took place in the Tamil Nadu State Legislative Assembly and concerned Parandur near Chennai.
- When
- The representation was sent on Thursday, and the Assembly remarks were made on Tuesday; the report was published August 27, 2026.
- Why
- G Square said the allegations were unsupported and damaging to its business reputation.
G Square’s Denial
Political Allegations
Parandur land interests
G Square’s Denial
G Square founder Bala Ramajayam said that no person associated with the company, including family members or group companies, owns land in Parandur or surrounding areas.
Political Allegations
Aadhav Arjuna alleged that G Square had purchased land around Parandur and benefited from the proposed airport project.
Political connections
G Square’s Denial
G Square denied affiliations with any political party and challenged anyone to provide evidence of links involving Sabareesan or the company.
Political Allegations
Assembly remarks alleged close links between G Square, the DMK and Stalin’s son-in-law Sabareesan.
Evidence and consequences
G Square’s Denial
The company requested evidence, sought removal of the remarks from House records and said it may pursue legal options after the Speaker responds.
Political Allegations
The allegations were made during a heated Assembly exchange about the Parandur airport proposal, but the report does not provide supporting evidence for them.
Key facts
- Company
- G Square Housing
- Founder and managing director
- Bala Ramajayam
- Disputed location
- Parandur and surrounding regions
- Company’s stated land stock
- About ₹10,000 crore
- Stated stamp-duty contribution
- About ₹3,000 crore to the State
- Land deals facilitated
- Close to 5,000 acres between 2011 and 2021
- Requested action
- Removal of mentions from Assembly records and restraint on unsupported future claims
Quotes
Bala Ramajayam
Founder and managing director of G Square Housing
“We have about ₹10,000 crore worth land stock wherein customers have trusted us and signed up and support thousands of employees. Such allegations destroy our work over the years,”
thehindubusinessline.com
“No one associated with me or the company -including my family or any group companies- has any land ownership in Parandur or surrounding regions,”
thehindubusinessline.com
Sources
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