Prime land in Boat Club zone belonging to DeMonte Trust up for lease

Prime land in the Boat Club area of R. A. Puram is up for lease. The property belongs to the Sir John DeMonte Trust which manages a large number of prime properties of this famed merchant-businessman of Madras city who also donated much to the local Catholic church.

An advert put out in a city daily  says that the land of about 11.65 grounds belonging to Sir John DeMonte Trust, a public charitable Trust is in Benz Gardens in R A Puram.

The consultants to this property are Jones Lang La Salle which has its office at Level 8, Tower II, TVH Beliciaa Towers in MRC Nagar. The office now offers forms on the terms and conditions of the lease proposed and these must be collected within 7 days from April 28 and sealed offers be sent before May 10.

Much of the properties under this Trust are managed by the Madras-Mylapore diocese based Trust and being prime parcels of land, attracted attention and controversy too in the manner in which they have been managed and adherence to the guidelines made by DeMonte.

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