HSBC Building - North Beach Road

HSBC -- Hongkong and Shanghai Banking Corporation -- tried selling this landmark building on North Beach Road in 2003, but did not find any buyers. It was hoping to get about Rs 9 crore for this Edwardian style building with plastered white walls, in total contrast to most other landmark buildings on the same road.
"Madras: The Architectural Heritage", an INTACH Guide, says this this building was constructed in 1923 on the site earlier occupied by the offices of The Mail, one of the earliest Indian newspapers, and which was an eveninger when it folded down.
Unlike this heritage building, HSBC was more successful with another property it owned -- a residential bungalow in the upmarket Boat Club area, which fetched the bank Rs 42 crore in an electronic auction conducted late last year.
The four-storey building has approximately 41,000 sq.ft. of built-up space on a 15,400 sq ft plot.
HSBC wanted to move its operations to a larger buiding in a single location. A lot of back office work was being done out of this building and the bank found that the building no longer served its purpose and hence the move to sell it. The building's interiors have undergone a lot of changes although the exterior remains largely unchanged.These pictures again were taken early on a Sunday morning and hence the absence of any vehicles.


