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Ascott expands Chennai footprint with new property signing

The Ascott Limited has announced the signing of Citadines Oragadam Chennai, a 113-unit serviced residence developed in partnership with Boss Inn International Palace Pvt Ltd. This move marks a significant step in Ascott’s strategic expansion into Oragadam, a rapidly developing industrial and logistics hub. Moreover, it underscores the company’s continued focus on India’s high-growth corridors.

Recognized as a major center for industrial activity, Oragadam in Chennai hosts more than 22 Fortune 500 companies and boasts a robust logistics infrastructure. According to Ascott’s press release, infrastructure improvements, smart city projects, and a surge in residential and commercial development are collectively transforming the area at a rapid pace. Consequently, Oragadam is emerging as a real estate hotspot and a major driver of regional economic growth.

Citadines Oragadam Chennai aims to cater to Chennai’s rising influx of business travelers and corporate guests. With this in mind, the 113-unit serviced residence will offer contemporary accommodations, all-day dining, a modern fitness center, and a thoughtfully curated design that reflects the brand’s signature blend of comfort, efficiency, and urban sophistication.

The property is being developed by Boss Inn International Palace Pvt Ltd, a Chennai-based company that is entering the hospitality sector for the first time. Notably, the venture is led by Mr. V. S. Nathan, a seasoned professional with over 30 years of global experience across hospitality, trading, finance, and technology.

Marking the announcement, Hoshang Garivala, country general manager of The Ascott Limited, said, “Oragadam is a vital industrial engine of Chennai, and we’re proud to introduce the Citadines brand to this dynamic location. Ascott’s expansion into Chennai’s western corridor through this partnership reflects our continued focus on creating flexible, high-quality living experiences that support both the city’s corporate ecosystem and the evolving expectations of modern travelers.”

V. S. Nathan, owner and director of Boss Inn International Palace Pvt. Ltd., added, “We are delighted to collaborate with The Ascott Limited for our maiden hospitality project. With Oragadam’s rapid industrialization and connectivity advantages, we believe the Citadines Oragadam Chennai will become the preferred choice for professionals and long-stay guests looking for convenience, consistency, and comfort.”

With this latest signing, Ascott establishes its third operational footprint in Chennai, complementing its existing properties—Citadines OMR Chennai and Somerset Greenways Chennai—which currently serve the city’s southern and eastern corridors. As a result, this expansion further strengthens Ascott’s presence in one of India’s key metropolitan markets, the release noted.

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