Lancor Holdings Takes Possession of 93,051 Sq Ft Commercial Property in Chennai
Lancor Holdings Limited has announced the acquisition of possession of four and a half floors in the Menon Eternity commercial building, located on St. Mary's Road, Alwarpet, Chennai. The acquired are...
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Why is Lancor Holdings Limited in the news today?
Lancor Holdings Limited (LANCORHOL) is in the news due to the announcement details the acquisition of a commercial property and a payment made as per a court order. while it signifies a business activity, it does not inherently indicate a positive or negative financial outcome at this stage.
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Lancor Holdings Takes Possession of 93,051 Sq Ft Commercial Property in Chennai
January 2, 2026, 12:30 PM
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Lancor Holdings Limited has announced the acquisition of possession of four and a half floors in the Menon Eternity commercial building, located on St. Mary's Road, Alwarpet, Chennai. The acquired area spans the 2nd, 3rd, 4th, 5th, and 10th floors (Northern wing), covering a total of 93,051 square feet.
This development follows a payment of ₹10 Crores made yesterday, as per the judgment dated October 31, 2025, by the Honorable Supreme Court of India.
The company plans to refurbish these floors and subsequently lease them out to prospective tenants.
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