Hyderabad firm snaps up 10 acres land for record Rs 235 crore

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

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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.