In 5 Months, Developers Acquire 715 Acres in Hyderabad | Nearby News
Home
Newsletters
Stories
Events
LifeStyle
Business
Administration
Politics
Entertainment
Startups

Hyderabad

In 5 Months, Developers Acquire 715 Acres in Hyderabad
In Hyderabad city, five separate deals have taken place worth Rs 715 crore, which accounted for 59 percent of total land transacted between January to date.
G
Guru Prasad
Hyderabad
Fri Jun 03 2022
share via :
In 5 Months, Developers Acquire 715 Acres in Hyderabad
A -
A +

Land is indeed the much talked about topic of conversation among the rich and well-heeled in the city. While the residential property seems robust, the commercial land deals have surprised the best in the country. In Hyderabad city, five separate deals have taken place worth Rs 715 crore, which accounted for 59 percent of total land transacted between January to date.


As per Anarock’s estimate, Hetero Group acquired 600 acres of land, which happens to be worth Rs 350 crore. The development is yet unknown. Meanwhile, Microsoft has acquired 41 acres to set up their data center, and the cost of the land was worth Rs 164 crore.


According to Anarock’s research, at least 28 separate land deals took place between January 2022 and to this date. Of the total transacted land, 351 acres of land was acquired in 18 deals, set aside for multiple residential complexes. Three deals for 115 acres are proposed for data centers, while two deals for over 63 acres have been set aside for logistics and warehousing. Four deals for 108 acres have been put up for mixed-use developments.


A single, anonymous land deal has also happened in the country for 600 acres, though no details have come out as yet. Leading builders who acquired land include Godrej Properties, Oberoi Realty, Mahindra Lifespaces, Gaurs Group, Birla Estates, Hetero Group, Microsoft, and Mapletree Logistics, among others.


In comparison to H1 2021, the number of deals doubled. While 14 deals happened in H1 2021, 28 deals happened in H1 2022.


Get your local newspaper delivered to your Email at 7am everyday
Select City
Select City

FOLLOW US

In 5 Months, Developers Acquire 715 Acres in Hyderabad
In 5 Months, Developers Acquire 715 Acres in Hyderabad
Latest Articles
Freedom Hyderabad 10K Run Announced
Freedom Hyderabad 10K Run Announced
Pooja Bhatt Joins Rahul Gandhi On Congress’ ‘Bharat Jodo Yatra’ In Hyderabad
Pooja Bhatt Joins Rahul Gandhi On Congress’ ‘Bharat Jodo Yatra’ In Hyderabad
Hyderabad To Double Treatment Capacity Of Hussain Sagar STPs
Hyderabad To Double Treatment Capacity Of Hussain Sagar STPs
List Of 6 Best Cafes In & Around Hyderabad
List Of 6 Best Cafes In & Around Hyderabad
Hyderabad’s Ramesh Races To Victory In C Devender Yadav Memorial Run
Hyderabad’s Ramesh Races To Victory In C Devender Yadav Memorial Run
Formula E Track To Be Ready By End Of November
Formula E Track To Be Ready By End Of November
Pride March To Be Held On Nov 13 After Gap Of 3 Years
Pride March To Be Held On Nov 13 After Gap Of 3 Years
Vendors Meet And Walkathon Organized At BDL
Vendors Meet And Walkathon Organized At BDL
Hyderabad Set To Get Three New Model Corridors
Hyderabad Set To Get Three New Model Corridors
Rahul Gandhi Storms Hyderabad
Rahul Gandhi Storms Hyderabad
Related Articles
Freedom Hyderabad 10K Run Announced
Freedom Hyderabad 10K Run Announced
Pooja Bhatt Joins Rahul Gandhi On Congress’ ‘Bharat Jodo Yatra’ In Hyderabad
Pooja Bhatt Joins Rahul Gandhi On Congress’ ‘Bharat Jodo Yatra’ In Hyderabad
Hyderabad To Double Treatment Capacity Of Hussain Sagar STPs
Hyderabad To Double Treatment Capacity Of Hussain Sagar STPs
List Of 6 Best Cafes In & Around Hyderabad
List Of 6 Best Cafes In & Around Hyderabad
Hyderabad’s Ramesh Races To Victory In C Devender Yadav Memorial Run
Hyderabad’s Ramesh Races To Victory In C Devender Yadav Memorial Run
Formula E Track To Be Ready By End Of November
Formula E Track To Be Ready By End Of November
Pride March To Be Held On Nov 13 After Gap Of 3 Years
Pride March To Be Held On Nov 13 After Gap Of 3 Years
Vendors Meet And Walkathon Organized At BDL
Vendors Meet And Walkathon Organized At BDL
Hyderabad Set To Get Three New Model Corridors
Hyderabad Set To Get Three New Model Corridors
Rahul Gandhi Storms Hyderabad
Rahul Gandhi Storms Hyderabad
Caishen Is Hyderabad’s First Vegan Beauty Store
Caishen Is Hyderabad’s First Vegan Beauty Store
Hyderabad Likely To Receive Rains As NE Monsoon Sets In Over Eastern Coast
Hyderabad Likely To Receive Rains As NE Monsoon Sets In Over Eastern Coast
Caregiver Training Program 'DOBARA' Concludes
Caregiver Training Program 'DOBARA' Concludes
Aramgarh Junction To Get A Makeover Worth Rs 2.6 cr
Aramgarh Junction To Get A Makeover Worth Rs 2.6 cr
Madhapur Zone Police Organises 10k Bicycle Rally In Hyderabad
Madhapur Zone Police Organises 10k Bicycle Rally In Hyderabad
Celebrate World Thrift Day With 'Switcheroo' In Hyderabad
Celebrate World Thrift Day With 'Switcheroo' In Hyderabad
Subscribe to our Newsletter
Get your local newspaper delivered to your Email at 7am everyday
Select City
Select City
logo
hi@nearbynews.in
Gachibowli, Hyderabad - 500032
nearby news © - 2022