Baashyaam Group acquires Standard Chartered's 5.78-acre Chennai property on Haddows Road for ₹1,100 crore—marking one of the city’s biggest luxury real estate deals and paving the way for an ultra-premium residential project in Nungambakkam.

Baashyaam Constructions will buy a prime land from Standard Chartered Bank in Chennai. The INR 800 crore transaction covers a 4.6-acre plot that Standard Chartered bought from ANZ Grindlays Bank.