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Chennai Realty

Baashyaam launches 67-home Srinivasa tower in West Mambalam

Baashyaam Constructions has launched Srinivasa, a 67-unit high-rise apartment project at the former Srinivasa Theatre site in Devanathan Colony, West Mambalam. The project offers 3- and 4-BHK homes, with the developer advertising a launch price of ₹15,499 per sq ft; its Tamil Nadu RERA record gives a completion date of 17 December 2032.

Realty News — Baashyaam launches 67-home Srinivasa tower in West Mambalam
DeveloperBaashyaam Constructions Private Limited, part of Baashyaam Group
LocationDevanathan Colony, West Mambalam, at Dr. Govindan Road and Reddykuppam Road
ProjectOne high-rise residential building with 67 dwelling units
Configurations3 BHK, 2,016–2,085 sq ft; 4 BHK, 2,757–3,029 sq ft
Launch price₹15,499 per sq ft, advertised by the developer
Tamil Nadu RERATN/29/Building/0189/2025
RERA completion date17 December 2032

Launch and project plan

Baashyaam Constructions launched Srinivasa in September 2025 at the former Srinivasa Theatre site, where Reddykuppam Road, Dr. Govindan Road and Devanathan Colony meet. The developer lists the project as new and gives a special launch price of ₹15,499 per sq ft. The launch coverage and project advertising describe 3- and 4-BHK apartments, with listed sizes from 2,016 to 3,029 sq ft.

The RERA record describes a 60-metre-high building with extended double basements, a stilt level, a ground-floor lobby and services, residential floors and an 18th-floor section containing a gym, party hall and open swimming pool. It records 67 homes in total. The advertised per-square-foot launch price is not the same as an all-in purchase price; additional charges may apply.

Approvals and delivery status

As of October 2026, Srinivasa is a launched and RERA-registered project, not a completed development. The record names Baashyaam Constructions Private Limited as promoter and gives the registration number TN/29/Building/0189/2025. It lists CMDA planning permission dated 18 December 2024 and Greater Chennai Corporation building permission dated 13 May 2025. The RERA completion date is 17 December 2032; this is the date recorded for the project, rather than confirmation of handover.

West Mambalam setting

The project is in an established part of West Mambalam, on roads named in the project’s registered address. Local transport context includes Mambalam railway station and Ashok Nagar Metro station; published distance estimates vary depending on the route and measurement point. The launch coverage identifies the site as the former Srinivasa Theatre, linking the project to a long-running local cinema venue.

Facilities described

Project material describes a rooftop clubhouse and swimming pool, gym, party hall, children’s play area and landscaped or elevated green spaces. The RERA building description also includes a gym, party hall and open pool on part of the 18th floor. These are planned facilities; their inclusion in project descriptions does not mean they are operational.

Frequently asked questions

Has Baashyaam Srinivasa launched?

Yes. The project was reported as launched in September 2025. As of October 2026, it remains a registered development rather than a completed building.

Where is Srinivasa located?

It is in Devanathan Colony, West Mambalam, at the Dr. Govindan Road and Reddykuppam Road area, on the former Srinivasa Theatre site.

What apartment types and sizes are listed?

The project offers 3-BHK homes listed at 2,016–2,085 sq ft and 4-BHK homes at 2,757–3,029 sq ft.

What is the advertised price?

The developer advertises a launch price of ₹15,499 per sq ft. This is a per-square-foot price, not an all-inclusive unit price.

When is the project due for completion?

The Tamil Nadu RERA record lists 17 December 2032 as the project completion date.

What is the project’s RERA number?

TN/29/Building/0189/2025.

Sources

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