Bhasyam Developers buys 5.5 acres plot in Chennai
Real estate firm Bhasyam Developers has acquired a 5.5-acre Standard Chartered Bank property in Nungambakkam, Chennai. The deal is worth Rs 1,200 crores, and the firm plans to redevelop it into a luxury residential and retail project.
This deal is backed by strong demand, the prime nature of the location, and the scale of the land, said the person aware of the Chennai real estate market.
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