6 months ago
1
In 1 of the city’s biggest real-estate transactions to date, Baashyaam Group has officially registered the iconic 5.8-acre spot connected Haddows Road, Nungambakkam, that it had acquired from Standard Chartered Bank. The onshore value, including registration costs, is estimated astatine astir ₹1,212 crore.
Baashyaam Group is inactive assessing the benignant of improvement to prosecute astatine the site, located successful a portion of the metropolis wherever ample onshore parcels person go progressively scarce. CBRE served arsenic the transaction advisor for the deal.
In caller years, Baashyaam Group has secured respective premier parcels crossed the metropolis and is presently processing a scope of luxury residential and different high-end projects. Some of its cardinal projects see the upcoming luxury task successful ECR-Prarthana by Baashyaam, luxury apartments astatine the Crowne Plaza tract successful Alwarpet, The Peak successful Ashok Nagar, The Pinnacle successful Boat Club , The epic successful Gopalapuram , Royal Damera Gardens successful Poes Garden, and Promenade, enchanted astatine OMR Thuraipakkam, a commercialized task successful Guindy.
