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Industry & Economy
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Real Estate & Construction
States
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Andhra Pradesh
Lodha Group enters Hyderabad
Hyderabad, Oct. 18
Mumbai-based real estate developer Lodha Group
will develop a high-end residential and commercial
complex in Hyderabad in about three million sq.ft. The
company had bagged the 12.9 acre land located at Eden
Square, Kukatpally Housing Board Colony, for Rs 255.42
crore in an auction by Andhra Pradesh Housing Board.
"Much like Mumbai, real estate in Hyderabad is booming
and we look forward to tap the existing market
opportunity," Mr Abhishek Lodha, Director, Lodha
Group said in a release. The group is also in the process of
acquiring more land in Hyderabad besides Pune, the
release added. - Our Bureau
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