Baashyaam Group acquires Standard Chartered Bank property at Haddows Road, Chennai for ₹1,212 crore

The land value, including registration costs, is estimated at around ₹1,212 crore, making it the largest land deals in Chennai
| Photo Credit:
BIJOY GHOSH

The Chennai-based real estate developer Baashyaam Group has acquired the 5.8-acre property on Haddows Road, Nungambakkam, from Standard Chartered Bank.

The land value, including registration costs, is estimated at around ₹1,212 crore, making it the largest land deals in Chennai.

Baashyaam has built a strong reputation for luxury residential projects, with ongoing developments such as the upcoming luxury project in ECR- Prarthana by Baashyaam, luxury apartments at the Crowne Plaza site in Alwarpet, The Peak in Ashok Nagar, The Pinnacle in Boat Club, among others.

CBRE served as the transaction advisor for the deal.

Baashyaam Group closed the Haddows Road deal in May beating Arihant Foundations, another city-based real estate developer.

Published on December 1, 2025