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Investors Line Up Property Projects in Hyderabad

Hyderabad's real estate segment is inwould be taken up in three phases.
limelight ever since the launch of newAlso, Philippines-based real estate firm
hi-tech airport at Shamshabad in MarchAyala Corporation is foraying into
2008. The city's real estate prospectsHyderabad's real estate. The realty firm
have gone up manifold and propertyhas lined up $100 million to invest in
brokers, real estate developers and homethe city in the next two years. Ayala is
seekers are making the most of thislooking for a Hyderabad-based property
boom.firm to venture into the property
Hyderabad is bracing its infrastructuresegment.
profile to attract more MNCs, companies,Deutsche Bank's associate RREEF
corporate firms to the city. ManyAlternative Investments has taken 60%
property specific funds and real estatestake in a real estate project at
developers have lined up investments forHyderabad. This project is being
Hyderabad. In the last three months, atdeveloped by Nagarjuna Construction Co.
least 20 new infrastructure and propertyand is estimated to cost around $ 400
projects have been launched in the city.million. The project involves
Infrastructure firm Lanco Group hasdevelopment of five million sq ft of
announced $ 200 million for their realtyoffice, residential, retail and
business. Lanco Group is developing ahospitality space.
township in Hyderabad over a 20 millionInvestors and real estate companies are
sq ft area entailing an investment of Rsmaking the most of the development
6,500 crore. The Hyderabad Urbanactivities happening in Hyderabad.
Development Authority (HUDA) too isHowever, the winner in this situation
investing about Rs 6,000 crore to boostwill be the end user since he will have
up the city's infrastructure. The HUDAmany property options, in varied budget,
is developing eight-laneto choose from.
access-controlled expressway in theFor more details on Hyderabad
city. This proposed expressway is a partProperties, log on to magicbricks.
if the Outer Ring Road (ORR) project and



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