Coimbatore : G Square Group, India’s largest plotted real estate developer, has announced the acquisition of the iconic Central Theatre property in Coimbatore, spanning approximately 3 acres in the heart of the city. A landmark deeply rooted in Coimbatore’s cultural and commercial legacy, the property is located in one of the city’s most prime and high-demand zones. With this acquisition, G Square Group continues to reinforce its vision of unlocking the true potential of premium urban land parcels through responsible, future-ready development.

Speaking on the acquisition G Square Group Founder & Managing Director , Bala Ramajayam said, “The Coimbatore Central Theatre property is not just land; it holds deep emotion for the city. Our vision is to redevelop it responsibly, blending commercial vibrancy with residential value while preserving its iconic importance.”

The company plans to redevelop the site into a world-class commercial and residential plotted development. The project will feature premium commercial plots for retail, office and mixed-use developments, along with high-value residential plots in a prime central location.

These will be supported by seamless connectivity to key business hubs, arterial roads and lifestyle destinations, and backed by G Square Group’s hallmark standards of clear titles, transparent processes and future-ready infrastructure.

The acquisition marks a significant strategic milestone in the company’s expansion strategy and strengthens its footprint across Coimbatore’s most sought-after micro-markets. The redevelopment is expected to emerge as one of the largest central-city land redevelopments in Coimbatore, setting a new benchmark for commercial and residential plotted communities while driving economic activity and urban renewal in the city core. Further project details and launch announcements will be revealed soon.