A 10-acre parcel of prime land in Hyderabads north-western residential hub ofKukatpallyhas been picked up by Hyderabad-based realtor Ashoka Builders India Pvt Ltd (ASBL) for Rs 235 crore.
ASBL had emerged as the highest bidder for the land parcel which is learnt to have been owned by Godrej group flagship Godrej & Boyce Manufacturing Co Ltd.
Ashoka Builders plans a mixed-use development, including a premium residential development and a Grade A commercial space by June 2025 on the newly acquired parcel of land.