Chennai is poised to make history with the launch of India’s first Taj-branded residences, part of the ₹2,000-crore Taj Sky View Hotel and Residences project slated for completion by December 2027. The landmark development, which brings together hospitality giant Indian Hotels Company (IHCL), the Ampa Group, and wealth management firm Bharathi Meraki, marks a turning point for Chennai’s luxury real estate market.
The 3.5-acre greenfield project, located on Nelson Manickam Road, combines a 235-key luxury hotel with 123 Taj-branded residences. Strategically positioned near key business and social districts, the development aims to offer world-class hospitality, curated amenities, and exclusive residential experiences synonymous with the Taj name. The residences are priced between ₹8 crore and ₹25 crore, placing them firmly in the ultra-premium category, roughly 30 per cent higher than comparable serviced apartments in the city.
Even before construction has fully progressed, the project has achieved over 60 per cent bookings, reflecting unprecedented buyer confidence. For Chennai’s emerging high-net-worth buyer base, this development represents more than just real estate; it’s a symbol of aspiration, lifestyle, and trust in a globally renowned hospitality brand.
Ampa Group’s Chairman and Managing Director, Ampa Palaniappan, described the project as a meticulous exercise in quality and detail. “The collaboration brings together Ampa’s development expertise, Taj’s service ethos, and Bharathi Meraki’s design leadership. Every phase is managed with precision, with an unwavering focus on delivery and long-term value,” he said. The project also includes 36 offices, of which only five remain available, underscoring its strong commercial demand.
For IHCL, this venture marks a significant extension of its luxury brand into residential real estate, a segment still in its early stages in India but growing rapidly across global markets. The success of similar models in North America, Southeast Asia, and the Middle East has encouraged Indian developers and hospitality brands to explore branded residences as a new asset class.
Bharathi Meraki’s Founder and Managing Director, Arun Bharathi Arunachalam, who is also the development management partner for the project, emphasized that Taj Sky View is about more than luxury, it’s about design integrity and consistency. “Our vision was to create a product that stands out for its craftsmanship and execution. The early response reaffirms that Chennai is ready for globally benchmarked residential experiences that combine trust, comfort, and exclusivity,” he said.
The project is now entering its next phase of structural and interior development and is expected to be handed over to IHCL for interior work before final completion. Once operational, residents will have access to Taj’s legendary five-star service standards , from concierge and housekeeping to fine dining and wellness offerings — integrated into daily living.
The timing of this announcement coincides with IHCL’s broader expansion strategy. The company is also investing nearly ₹2,500 crore in the Taj Bandstand in Mumbai, featuring 330 rooms and 85 serviced apartments, as part of its push to grow its portfolio across hospitality formats. Together, these projects signal IHCL’s renewed focus on hybrid hospitality models that blend residential ownership with luxury hotel experiences.
Chennai’s growing cosmopolitan profile, expanding corporate base, and rising wealth creation are creating fertile ground for this segment. The city, long known for its cultural depth and conservative investment patterns, is evolving into a sophisticated real estate market where premium offerings find quick acceptance.
Image- tajskyviewresidences.com
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