Chennai’s costliest land transaction

A 642 crore deal.

The Chennai archdiocese on one hand.

A Bangalore based real estate and construction company on the other.

9 acres.

Just off the city’s high-profile Boat Club area.

The rest is HERE.

2 Comments so far

  1. Parthasarathy (unregistered) on October 16th, 2007 @ 10:25 am

    Christians are the richest of minority communities in the country. Much of the money is from British times.

    I wonder why they need reservations?

  2. On Holiday! (unregistered) on October 16th, 2007 @ 5:39 pm

    Reservations? I think you are getting confused with Native Americans!

    And no-body should confuse the wealth held by religious institutions with the economic standing of their congregation or devotees: often there is an enormous difference.

    Of course, a few charismatic individuals get rich, but that is hardly unique to Christianity.

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