Chennai's skyline to host first Taj-branded residences in India by 2027-end

Ampa Group, IHCL, and Bharathi Meraki join hands for the Rs 2,000-crore Taj Sky View Hotel and Residences project featuring 235 luxury keys and 123 branded homes

Chennai may soon host India’s first Taj-branded residences — alongside a new Taj luxury hotel — by December 2027. This will also mark the city’s first branded residency project.

 

The development, titled Taj Sky View Hotel and Residences, is valued at around ₹2,000 crore and is being executed by Chennai-based conglomerate Ampa Group in collaboration with Indian Hotels Company (IHCL) and Bharathi Meraki, a leading wealth and asset management firm. The project is expected to be handed over to IHCL for interior work before completion.

 

Spread over 3.5 acres on Nelson Manickam Road, the greenfield project is strategically located close to key business districts. Once completed, it will comprise a 235-key luxury hotel and 123 Taj-branded residences, with an estimated investment of ₹1,000 crore (excluding land cost). The residences are priced between ₹8 crore and ₹25 crore — typically 30 per cent higher than comparable serviced apartments in the area.

   

Since its formal announcement earlier this year, the project has seen over 60 per cent of units booked ahead of schedule, underscoring growing confidence in Chennai’s luxury real estate market.

 

“We have 123 residences and 36 offices — five offices are still available — and 60 per cent of the residences are already booked. The collaboration brings together Ampa’s development expertise, Taj’s iconic service ethos, and Bharathi Meraki’s design leadership. What sets this project apart is its meticulous attention to detail and consistency in delivery. Every phase is managed with a focus on lasting quality and a truly world-class resident experience,” said Ampa Palaniappan, chairman and managing director of Ampa Group.

 

This development coincides with IHCL’s reported plans to invest ₹2,500 crore in the upcoming Taj Bandstand in Mumbai, featuring 330 rooms and 85 apartments. IHCL did not respond to queries from Business Standard.

 

“In India, branded apartment projects are still in their nascent stage. Our vision was to create a product that stands out for its design integrity and execution. The early market response and construction progress reaffirm that Chennai is ready for globally benchmarked residential experiences combining craftsmanship, trust, and long-term value. This milestone reflects our commitment to deliver with precision and purpose,” said Arun Bharathi Arunachalam, founder and managing director of Bharathi Meraki, and development management partner for Taj Sky View Hotel and Residences.

 

“North America currently leads in branded residences, followed by Southeast Asia. Recently, we’ve also seen growing interest from brands such as Marriott, Hyatt, Pullman, ITC, and Hilton,” Arunachalam added. The project has now entered its next phase of structural and interior work, with completion targeted for December 2027, he said.

 

Buyer sentiment continues to be driven by the project’s prime location, its IHCL association, and five-star residential amenities curated by the Taj team. As branded residences gain traction in India, Taj Sky View Residences, Chennai, stands as a pioneering model of how partnerships between real estate and hospitality can create long-term value — for investors, homeowners, and the evolving identity of the city, Arunachalam said.