Ten acres in Hyderabad’s biz hub changes hands for ₹235 cr.
The Hindu
‘One of the largest single land deals of 2021 in the country’
Ten acres of prime land in Kukatpally, belonging to one of the largest corporate houses in the country, has been purchased by real estate developer Ashoka Builders India (ASBL) for ₹235 crore.
Real estate consultancy firm JLL, appointed exclusive transaction partner by the seller, said this is one of the largest single land deals of 2021 in the country and a major boost to the real estate market in the city. It, however, did not mention details of the land owner.
The land is in Kukatpally, a busy business hub in the north western part of the city and known for a thriving residential community and excellent connectivity to many other parts of the city, JLL said in a release.
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