Appaswamy Real Estates
Est. 1959 · Chennai, Tamil Nadu · Privately held · Chennai
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Appaswamy Real Estates?
Chennai's most trusted legacy builder — six decades, hotel interests (Crowne Plaza), and city-core landmark communities.
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Completed projects (not disclosed)
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Sq ft delivered (not disclosed)
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Ongoing projects (not disclosed)
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Upcoming projects (not disclosed)
Our ratings
Builder Score Card
Each dimension is scored from delivery data, RERA filings and financial disclosures.
On-time delivery: 82% of towers delivered within 6 months of committed date.
At a glance
Appaswamy Real Estates in Numbers
Appaswamy Real Estates is a privately held developer founded in 1959, headquartered in Chennai, Tamil Nadu, active mainly in Chennai. We rate it 4.1/5 overall — dependable, with caveats — which ranks 24th of the 212 developers we profile and ahead of 87% of them. Its strongest area is trust (4.5/5) and its weakest is financial strength (3.8/5). We track 3 of its projects across 1 city.
Benchmarking
How Appaswamy Real Estates Compares
Each rating against all 212 developers we profile and the 13 in Chennai.
| Rating | Appaswamy Real Estates | Chennai average | Better than |
|---|---|---|---|
| Construction quality | 4.4/5 | 3.5/5 | 91% of developers |
| Delivery record | 3.9/5 | 3.3/5 | 88% of developers |
| Customer satisfaction | 3.9/5 | 3.4/5 | 86% of developers |
| Financial strength | 3.8/5 | 3.3/5 | 75% of developers |
| Trust | 4.5/5 | 3.6/5 | 94% of developers |
Footprint
Where Appaswamy Real Estates Builds
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Chennai · 3 projects
Buyer guidance
Should You Buy a Appaswamy Real Estates Project?
Appaswamy Real Estates is dependable, with caveats. Its weakest area is financial strength, so before booking, check its debt and cash flow, or credit ratings and company filings if it is privately held. Prefer construction-linked payment plans and check the project's RERA progress reports.
Check before you book
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Credit ratings and company filings, because Appaswamy Real Estates is privately held and does not publish audited results.
- That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
- Financial strength: check its debt and cash flow, or credit ratings and company filings if it is privately held.
The bottom line
Our Verdict
The conservative Chennai buyer's default, deservedly; supply is disciplined and titles pristine.
Portfolio
Appaswamy Real Estates Projects
Every project links to its own page. Gold entries carry full PropertyNivesh research; the rest have overview pages while research completes.
Questions
Appaswamy Real Estates: FAQs
Is Appaswamy Real Estates a good builder? ＋
We rate Appaswamy Real Estates 4.1/5 overall — dependable, with caveats. The conservative Chennai buyer's default, deservedly; supply is disciplined and titles pristine.
Is Appaswamy Real Estates a listed company? ＋
No. Appaswamy Real Estates is privately held, so detailed financials are not published; check credit ratings and company filings where available.
Where does Appaswamy Real Estates have projects? ＋
We track Appaswamy Real Estates projects in Chennai. None has a full research page yet.
Does Appaswamy Real Estates deliver on time? ＋
Appaswamy Real Estates has delivered 82% of its towers within six months of the committed date, and we rate its delivery record 3.9/5.
How many projects has Appaswamy Real Estates completed? ＋
Appaswamy Real Estates has not published a completed-project count that we could verify.