Sundaram-Clayton ne Prestige-Arihant JV nu ₹560 Crore vich Chennai di zameen vetchi

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AuthorKabir Saluja|Published at:
Sundaram-Clayton ne Prestige-Arihant JV nu ₹560 Crore vich Chennai di zameen vetchi
Overview

TVS Group di company Sundaram-Clayton Ltd. ne Chennai vich 16.38 acre zameen Prestige Estates Projects Ltd. te Arihant Foundations & Housing Ltd. de joint venture Canopy Living LLP nu ₹560 crore vich vetch dittī hai. Eh kadam company nu non-core assets nu monetize karan vich madad karega, jadonke JV eh prime plot te ik wadda residential development launch karan di plan bna reha hai.

Sundaram-Clayton Ltd. ne Chennai vich lagbhag ₹560 crore vich 16.38 acre zameen vetchan da ikaraar kitta hai. Eh strategic divestment TVS Group di company layi non-core assets ton value unlock karan te usdi financial position nu mazboot karan da ik vadda uddesh hai. Is transaction naal company nu khaasa capital milega, jinu core business vadhon ethe shareholder returns layi vapuria ja sakda hai.

Eh zameen, jo North-West Chennai de Ambattur taluk de Korattur village vich sthit hai, Canopy Living LLP ne acquire kitti hai. Eh entity Prestige Estates Projects Ltd. te Arihant Foundations & Housing Ltd. de mashhoor real estate developers da joint venture hai. Eh dono milke Chennai market vich vadhdi demand da fayda chukde hoye, acquire kitti zameen te ik waddi residential project develop karan da irada rakhan de ne.

Eh khasse zameen da len-den, Ambattur jeya Chennai de peripheral micro-markets vich developers de lagatar interest nu highlight karda hai. Behtar infrastructure, employment hubs de nazdeek hona te central districts de muqable vich sapekshamukhan competitive land prices jehe factors eh nawi focus nu vadhva rahe ne. Eh deal haal hi vich Chennai vich hoyi'an wadiyan outright land sales vichon ik hai, jo strategic locations layi developer de interest nu dassdi hai.

Zameen vetchan da ikaraar 8 January 2026 nu execute kitta geya si, te final sale deed 11 February 2026 tak umeed hai. Sundaram-Clayton nu ₹25 crore da advance mil chukeya hai, te baaki Rs 535.67 crore final hon te payable honge. Company ne confirm kitta hai ke eh transaction related-party deal nahi hai te isvich slump sale vi shamil nahi hai, jo ik seedhi asset monetization process nu sunishchit kardi hai.

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