TVS group’s property on Anna Salai up for sale
The Hindu
The iconic landmark is valued at ₹550 crore
One of the iconic properties on Anna Salai in Chennai owned by the TVS group is up for sale.
Spread over an area of 2.14 lakh sq ft (89 grounds), the property faces Anna Salai (Mount Road) in the north and Whites Road in the south. Real estate experts said the land value was anywhere between ₹6 crore to ₹6.5 crore per ground, which worked out to ₹550 crore for the entire land parcel.
Sources privy to the development said a few pan India developers had evinced interest in the property and the buyer had been finalised, but they did not divulge the name of the buyer.
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