Category Archives: Hyderabad

Puravankara sells land in Hyderabad for Rs 475 crore

Puravankara Projects has sold 100% stake in three subsidiary companies including land to Hetero Group, a lead in pharmaceutical company in India for Rs 475 crore. The subsidiary companies was expected to construct a real estate project in Raidurg in Hyderabad. The three subsidiaries include Purva Land Ltd, Purva Marine Ltd and Purva Hotels Ltd.… Read More »

In Hyderabad, for payment in big notes, even land costs more

AT THE site of a residential plot at Mokila on the outskirts of Hyderabad, three real estate agents and seven buyers were making complex negotiations. “Two of our agents took cash advances of Rs 80,000 and Rs 1 lakh from two buyers on November 6. The money was for paying contractors for laying roads and… Read More »

Telangana BhuBank: 2.3 lakh acres of land for industrial purposes

The TS government has identified 2,34,909 acres of land in the state that can be utilised for industrial purposes. The state government has categorised these lands in A, B and C groups — Plain land, lands with boulders and lands with hillocks and plain lands. The TS government asked district collectors to reserve these lands… Read More »