Mahindra bids Rs 260 cr for Chennai property
No Comments Sub Category:Bangalore,Chennai,Realty News Posted On: Oct 29, 2012
The 4.85 acre plot Madras Race club Guindy has been bidded for Rs 260 crore by Mahindra Lifespaces, part of the Mahindra & Mahindra Group. The land value is Rs 3 crore per ground.
The other two bidders were Arihant of Chennai and RMZ from Bangalore.
Madras Race Club instructed that international real estate consultants CB Richards Eliis to look for buyers for a small portion of large swathes of land it holds in Guindy.
Tags:
Arihant Chennai, Bangalore, CB Richards Eliis, Chennai, Guindy, Madras Race club, Mahindra Lifespaces, PMZ bangalore, Real estate investment, Real Estate investment in India
