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Baashyaam Group Acquires ₹1,212-Crore Land Parcel in Nungambakkam
ByAinvest
Monday, Dec 1, 2025 1:08 pm ET1min read
Baashyaam Group has completed a landmark ₹1,212-crore land purchase in Nungambakkam, Chennai. The 5.8-acre property was acquired from Standard Chartered Bank. Baashyaam Group is assessing the type of development to pursue at the site, located in a scarce land area. CBRE served as the transaction advisor for the deal. This acquisition is one of the city's biggest real-estate transactions to date.
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