Latest Breaking News On - Rajapushpa properties - Page 1 : vimarsana.com
Synopsis
In the largest land deal in the country in 2020, Hyderabad-based Rajapushpa Properties has spent Rs 800 crore in acquiring 25 acres with a tag-along joint development agreement in the Telangana capital.
In the largest land deal in the country in 2020, Hyderabad-based Rajapushpa Properties has spent Rs 800 crore in acquiring 25 acres with a tag along joint development agreement in the Telangana capital, said two people aware of the transaction. The land located on the Outer Ring Road in Hyderabad will be used to develop a high-rise residential project. “The builder has bought 18 acres through direct purchase for Rs 550 crore and the remaining economic interest under joint development will be another Rs 250 crore,” one of the people said. The project will be launched next month and will comprise 2 BHK and 3 BHK units spread between 1,370 and 2,680 sq ft.
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