Baashyaam Developers will invest Rs 420 crore in the construction of Baashyaam Crowne Plaza, a new high-rise commercial-cum-residential development in Chennai.

The property is close to the Boat Club, and the units could be sold at over Rs 35,000 per sq. ft. The proposed construction of the high rise building will consist of an extended four basement floor plus ground floor (shops, restaurant, spa and waiting lounges), plus first floor to 26 floor residential building with 148 dwelling units and club house of double height at 10th floor level. The total plot area is 17,835 sq. mtrs. and total built up area is 1,59,392.85 sq. mtrs. The 26th floor will have two penthouses of around 20,000 sq. ft. each.
Also, there is an upsurge in residential projects along metro rail corridors. In 2024, major projects such as Kilambakkam bus terminus and Parandur have also been added.