Baashyaam Constructions will be developing a uber luxury project in the space where hotel Crowne Plaza Chennai Adyar Park stands now. This is a 4.5-acre property close to the Boat Club which is one of the most expensive pin codes in Chennai and home to several industrialists. “We are thrilled to embark on this collaboration with the hospitality group where craftsmanship meets hospitality,” Abinesh Yuvaraj, director, Baashyaam constructions said.
Manish Goyal, Joint Managing Director of Adyar Gate Hotels Limited said that the deal involved a ‘Transfer of Undertaking’. “We are extremely excited about the new development and look forward to creating a new legacy of luxury. There were offers from others but we felt that nobody else could do justice to the property and that’s why we gave it to Baashyaam,” he added.
