Freshworks Former CEO Girish Mathrubootham Buys Luxury Property in Chennai for ₹60 Crore

Chennai, March 25: Girish Mathrubootham, the founder and former Chief Executive Officer of Nasdaq-listed software-as-a-service (SaaS) company Freshworks, has purchased a luxury property in Chennai's Abhiramapuram for ₹60 crore, according to property registration documents accessed by Zapkey.
The transaction, registered on January 9, 2026, lists Chakravarthi Vasudevan Ravi as the seller. The acquisition marks one of the significant high-value residential transactions in Chennai's luxury real estate market in recent months.
Property Details
The property spans a land parcel of 12,831 sq ft, which translates to approximately 5 grounds and 831 sq ft (with one ground equivalent to 2,400 sq ft in Chennai's measurement system). The built-up area is approximately 10,500 sq ft, comprising:
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A 6,000 sq ft ground floor
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A 4,500 sq ft first floor
The transaction attracted a stamp duty of approximately ₹4.19 crore and a registration fee of ₹1.2 crore, reflecting the high value of the deal.
Prime Abhiramapuram Location
The property is situated in Abhiramapuram, one of Chennai's most sought-after residential neighborhoods. The locality is known for its:
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Proximity to the city's central business district
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Established social infrastructure, including reputed schools, hospitals, and shopping destinations
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Tree-lined streets and well-maintained residential enclaves
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Strong demand from high-net-worth individuals seeking premium homes in prime locations
Abhiramapuram has traditionally been a preferred residential destination for Chennai's business elite and professionals, offering a blend of convenience and exclusivity.
Girish Mathrubootham: Tech Entrepreneur and Freshworks Founder
Girish Mathrubootham is widely recognized as one of India's most successful tech entrepreneurs. He founded Freshworks in 2010, building it into a global SaaS company that went public on the Nasdaq in 2021. Freshworks offers cloud-based customer engagement software and has become one of India's most prominent software product companies.
Mathrubootham stepped down as CEO of Freshworks in 2024, transitioning to the role of Executive Chairman. His personal investment in a luxury Chennai home reflects his continued ties to his home city and the growing prominence of Chennai's luxury real estate market.
Other Recent High-Value Transactions in Chennai
The ₹60 crore purchase adds to a series of notable real estate transactions in Chennai's luxury market in recent months.
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Nayanthara and Vignesh Shivan: The South Indian actor and her husband purchased a luxury duplex apartment in Chennai's upscale Poes Garden locality for ₹31.5 crore. The apartment is located on the fourth and fifth floors of the 'Legacy' project in Teynampet. Poes Garden is known for housing the residences of veteran actor Rajinikanth and the late former Tamil Nadu Chief Minister J. Jayalalithaa.
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G Square Group Acquisition: Chennai-based real estate developer G Square Group acquired a five-acre land parcel in Madurai from the TVS Group for ₹167 crore. The company plans to develop a premium plotted project named 'G Square Temple View Square' on the site, with pricing starting at ₹15,990 per sq ft. Of the total land, 1.63 acres will be used for residential development, two acres for commercial purposes, and the remaining area for infrastructure and common amenities.
Chennai's Luxury Real Estate Market
Chennai's luxury residential market has seen growing activity in recent years, driven by:
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Strong demand from business leaders, entrepreneurs, and professionals
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Limited supply of premium properties in established neighborhoods like Abhiramapuram, Poes Garden, and Boat Club
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Improving infrastructure and connectivity across the city
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Growing confidence in Chennai as a stable and attractive real estate market
High-value transactions such as Mathrubootham's acquisition underscore the continued appeal of Chennai's prime residential corridors for ultra-high-net-worth individuals.
Outlook
With the transaction now registered, the property is expected to undergo any necessary renovations or customizations before Mathrubootham takes possession. The acquisition further cements Abhiramapuram's status as one of Chennai's premier residential addresses, alongside other established neighborhoods like Poes Garden and Boat Club.
A list of questions was sent to Mathrubootham regarding the transaction. The story will be updated once a response is received.