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Investors Line Up Property Projects in Hyderabad

Hyderabad's real estate segment is intaken  up  in  three  phases.
limelight ever since the launch of new
hi-tech airport at Shamshabad in March 2008.Also, Philippines-based real estate firm
The city's real estate prospects have gone upAyala Corporation is foraying into
manifold and property brokers, real estateHyderabad's real estate. The realty firm has
developers and home seekers are making thelined up $100 million to invest in the city
most  of  this  boom.in the next two years. Ayala is looking for a
Hyderabad-based property firm to venture into
Hyderabad is bracing its infrastructurethe  property  segment.
profile to attract more MNCs, companies,
corporate firms to the city. Many propertyDeutsche Bank's associate RREEF Alternative
specific funds and real estate developersInvestments has taken 60% stake in a real
have lined up investments for Hyderabad. Inestate project at Hyderabad. This project is
the last three months, at least 20 newbeing developed by Nagarjuna Construction Co.
infrastructure and property projects haveand is estimated to cost around $ 400
been  launched  in  the  city.million. The project involves development of
five million sq ft of office, residential,
Infrastructure firm Lanco Group has announcedretail  and  hospitality  space.
$ 200 million for their realty business.
Lanco Group is developing a township inInvestors and real estate companies are
Hyderabad over a 20 million sq ft areamaking the most of the development activities
entailing an investment of Rs 6,500 crore.happening in Hyderabad. However, the winner
The Hyderabad Urban Development Authorityin this situation will be the end user since
(HUDA) too is investing about Rs 6,000 crorehe will have many property options, in varied
to boost up the city's infrastructure. Thebudget,  to  choose  from.
HUDA is developing eight-lane
access-controlled expressway in the city.For more details on Hyderabad Properties, log
This proposed expressway is a part if theon to magicbricks.
Outer Ring Road (ORR) project and would be



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