Ceebros MRC Nagar
We know that Ceebros has paid Rs 480 crore to buy JW Marriott up coming property in MRC nagar. It would be interesting to see what Ceebros does with this land.
With too much of luxury hotels now in Chennai, my guess is it is going to be a high end residential flat. Not sure if Ceebros will demolish and rebuild or convert the existing construction into residential flats.
It would be interesting to see the price range if it going to be residential flat. I assume it would be any where above Rs 20000 psft.
A file photo from The Hindu shows how good the location is. It is bang right next to Hotel Leela Palace.