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Lodha Group Buys land in Hyderabad for Rs 225 cr

October 22, 2007
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The Mumbai-based Lodha Group could not keep itself away from the charm of Hyderabad real estate. It has recently acquired 12.9 acres of land for Rs 225.40 crore to develop a high end residential and commercial complex.

The plot is located at Eden Square, Kulkatpally Housing Board Colony. Lodha Group bagged the land in an auction organized by the Andhra Pradesh Housing Board.

Hyderabad real estate has come of ages and the group wants to tap its potential in the best possible way, says Abhishek Lodha, Director, Lodha Group.

The group is also in a process to acquire more land in Hyderabad besides Pune. With over 25 projects under development in and around Mumbai, Lodha Group is now looking forward to other fast flourishing metros in southern and western India.


News Published Under:   Real Estate Developers |



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